Global Corporate Power

We have long been told that corporations rule the world, their interests seemingly taking precedence over states and their citizens. Yet, while states, civil society, and international organizations are well drawn in terms of their institutions, ideologies, and functions, the world's global corporations are often more simply sketched as mechanisms of profit maximization. In this book, John Mikler re-casts global corporations as political actors with complex identities and strategies. Debunking the idea of global corporations as exclusively profit-driven entities, he shows how they seek not only to drive or modify the agendas of states but to govern in their own right. He also explains why we need to re-territorialize global corporations as political actors that reflect and project the political power of the states and regions from which they hail. We know the global corporations' names, we know where they are headquartered, and we know where they invest and operate. Economic processes are increasingly produced by the control they possess, the relationships they have, the leverage they employ, the strategic decisions they make, and the discourses they create to enhance acceptance of their interests. This book represents a call to study how they do so, rather than making assumptions based on theoretical abstractions.

This is an exploration of the diverse ways that corporations affect the practices and structures of the global political economy. The text addresses fundamental questions such as: How can the corporation be most usefully conceptualized within the field of IPE?

Spanning the complete era of the Conservative governments and the first term of New Labour, this book looks at mechanisms of corporate power and influence; corporate opinion and influence in a range of social policy areas including: education, training, health and social security; changing business influence on social policy in recent years in an international context and business involvement in social policy initiatives and welfare delivery. By exploring business views and opinions, power, influence and involvement in social provision, this book helps to address important questions in social policy and, in so doing, goes some way towards closing a gaping hole in the current literature. The book's breadth and multidisciplinary approach will appeal not only to students of social policy, but also to students of business, public sector management and politics, their teachers and policy makers in the field.

This study examines the economic and political power of the world¿s top 200 corporations in 2000. Led by General Motors, these are the firms that are driving the process of corporate globalization and arguably benefiting the most from it. The report then examines the extent to which these firms are providing what is good for the country and global society in general. It concludes that widespread trade and investment liberalization have contributed to a climate in which dominant corporations are enjoying increasing levels of economic and political clout that are out of balance with the tangible benefits they provide to society. The study reinforces a strong public distrust of the economic and political power of corporations. Charts and tables.

This book examines neoliberal corporate power within the context of the American political economy and its relationship to emerging market economies in order to understand the global dimensions of the corporate-financial binary.

More than a decade into the new millennium, the fusion of corporate and state power is the essential defining feature of US foreign policy. This edited volume critically examines the relationship between corporations and the US state in the development of foreign policies related to globalization. Drawing together a wide range of contributors, this work explores the role of corporations in using US foreign policies to advance the interests of transnational capital in a wide range of contexts, including: how US government policies have contributed to the globalization of production and finance the ways in which transnational corporations have influenced the US relationship with China, a crucial linkage in the new era of transnational accumulation how transnational corporate power has shaped capital-labour relations, humanitarian intervention, structural adjustment policies, low-intensity democracy and the G20 summits the "corporate centrism" of the Obama Administration, whose policies have been consistent with the growing power of transnational capital in US foreign policymaking the politics and consequences of the embedded relationship between various sectors of the transnational capitalist class, global institutions and the US state, including the limits and contradictions of this relationship during the ongoing capitalist crisis. This work will be of great interest to students and scholars of both US foreign policy and international political economy.

Canada is ruled by an organized minority of the 1%, a class of corporate owners, managers and bankers who amass wealth by controlling the large corporations at the core of the economy. But corporate power also reaches into civil society and politics in many ways that greatly constrain democracy. In Organizing the 1%, William K. Carroll and J.P. Sapinski provide a unique, evidence-based perspective on corporate power in Canada and illustrate the various ways it directs and shapes economic, political and cultural life. A highly accessible introduction to Marxist political economy, Carroll and Sapinski delve into the capitalist economic system at the root of corporate wealth and power and analyze the ways the capitalist class dominates over contemporary Canadian society. The authors illustrate how corporate power perpetuates inequality and injustice. They follow the development of corporate power through Canadian history, from its roots in settler-colonialism and the dispossession of Indigenous peoples from their land, to the concentration of capital into giant corporations in the late nineteenth century. More recently, capitalist globalization and the consolidation of a market-driven neoliberal regime have dramatically enhanced corporate power while exacerbating social and economic inequalities. The result is our current oligarchic order, where power is concentrated in a few corporations that are controlled by the super-wealthy and organized into a cohesive corporate elite. Finally, Carroll and Sapinski offer possibilities for placing corporate power where it actually belongs: in the dustbin of history.