Corporate Power, Class Conflict, and the Crisis of the New Globalization


Book Description

Transnational corporations have used their market and political power in the U.S., the European Union and Japan to expand global production on terms that are highly favorable to corporate interests. Through a detailed history of the establishment of global value chains, Ronald W. Cox examines how corporations have internationalized production by working directly with political elites to establish terms of investment and trade that facilitate working class exploitation. He also examines the political implications of the growing gap between the global rich and the working class, including the increasing illegitimacy of corporate-backed governments in the United States and the European Union. The author concludes the book with suggestions for how the global working class can fight for their own interests in the context of the rising threats of far-right extremism and neo-fascist political movements.




Class and Class Conflict in the Age of Globalization


Book Description

"Social classes and class conflict have defined social relations ever since the division of society into hostile classes based on the exploitation and oppression of one class by another. This has become especially important in modern capitalist society through the globalization process, where class divisions have solidified with enormous inequalities in wealth and income that are the most glaring in the history of humanity." "Class and Class Conflict in the Age of Globalization presents a macro-sociological analysis of class and class conflict through a comparative-historical perspective. Focusing on class as the motive force of social transformation, Berberoglu explores class relations and class conflict in a variety of social settings, stressing the centrality of this phenomenon in defining social relations across societies in the age of globalization. Going beyond the analysis of class and class conflict on a world scale, the book addresses the role of the state, nation/nationalism, and religion, as well as the impact of race and gender on class relations in the early twenty-first century."--BOOK JACKET.




Political Power and Corporate Control


Book Description

Why does corporate governance--front page news with the collapse of Enron, WorldCom, and Parmalat--vary so dramatically around the world? This book explains how politics shapes corporate governance--how managers, shareholders, and workers jockey for advantage in setting the rules by which companies are run, and for whom they are run. It combines a clear theoretical model on this political interaction, with statistical evidence from thirty-nine countries of Europe, Asia, Africa, and North and South America and detailed narratives of country cases. This book differs sharply from most treatments by explaining differences in minority shareholder protections and ownership concentration among countries in terms of the interaction of economic preferences and political institutions. It explores in particular the crucial role of pension plans and financial intermediaries in shaping political preferences for different rules of corporate governance. The countries examined sort into two distinct groups: diffuse shareholding by external investors who pick a board that monitors the managers, and concentrated blockholding by insiders who monitor managers directly. Examining the political coalitions that form among or across management, owners, and workers, the authors find that certain coalitions encourage policies that promote diffuse shareholding, while other coalitions yield blockholding-oriented policies. Political institutions influence the probability of one coalition defeating another.




Capitalism and Class Power


Book Description

How do corporations use their instrumental and structural power within markets and states to advance their policy agendas? Capitalism and Class Power examines corporate power through chapters on the U.S. military industrial complex, the rise of billionaire wealth in the U.S., the role of a transnational investment bloc in U.S.–Saudi relations, the rise of global disinformation firms, Canadian imperialism in the English-speaking Caribbean, the power of an EU corporate bloc in Caribbean trade agreements, the relationship between capitalism and poverty in rich capitalist countries, and the relationship between “neoliberalism” and capitalism. Professor Cox concludes the volume with reflections on the importance of corporate power research to achieving systemic change. Contributors are: Melissa Boissiere, Aram Eisenschitz, Jamie A. Gough, Adam D. Hernandez, Tamanisha J. John, Mazaher Koruzhde, Rob Piper and Bryant William Sculos. Ronald W. Cox is Professor of Politics and International Relations at Florida International University. He has published six books on corporate power in the global economy and is editor of the open access online journal Class, Race and Corporate Power.




The Essential Guide to Critical Development Studies


Book Description

The Essential Guide to Critical Development Studies provides an up-to-date and authoritative introduction to the field, challenging mainstream development discourse and the assumptions that underlie it. Critical development studies lays bare the economic, political, social, and environmental crises that characterise the current global capitalist system, proposing instead systemic change and different pathways for moving beyond capitalism into a new world of genuine progress where economic and social justice and ecological integrity prevail. In this book, the authors challenge market-driven, neoliberal development agendas, incorporating analyses of class, gender, race, and the dynamics of uneven capitalist development. This thoroughly revised and expanded second edition includes: • 18 new chapters, including on topics such as philanthrocapitalism, race, the energy transition, Indigenous resistance and resilience, and global health • Expanded global coverage, including new chapters on South Africa, North Africa, and the Gulf Arab states • A new section on resistance and alternatives • Additional pedagogical features, including a glossary of key terms, discussion questions, and expanded guides for further reading. This textbook will be essential reading for students of global development, political science, sociology, economics, gender studies, geography, history, anthropology, agrarian studies, international political economy, and area studies. It will also be an important resource for development researchers, practitioners, and policymakers.




Teaching Marx & Critical Theory in the 21st Century


Book Description

In response to this current political and economic climate, Teaching Marx & Critical Theory in the 21st Century defends the importance, and difficulties, of teaching Marx and critical theory—and the crucial insights of critical pedagogy—through variously original and republished chapters, which, each in their own ways, reflect on ways to teach and reach twenty-first century students. This volume presents unique perspectives on teaching Marx and critical theory in various contexts, sub-fields, and geographies, and underscores the need for students of the modern world to be versed in Marxist thought and for pedagogues to push the limits of critical pedagogical strategies in the classroom—and beyond. Contributors include: Allan Ardill, Mary Caputi, Mauro Caraccioli, Zachary Casey, Ronald Cox, Kevin Funk, Maylin M. Hernandez, Douglas Kellner, Jason Morrissette, Sebastian Sclofsky, Bryant William Sculos, Sean Walsh.




The Dialectics of Global Justice


Book Description

The Dialectics of Global Justice uses a novel application of negative dialectical interpretation to offer an immanent and ethical critique of prominent theories of global justice (i.e., cosmopolitanism), including how these theories manifest in political movements and policy agendas. Drawing on the work of Theodor Adorno and Erich Fromm especially, author Bryant William Sculos exposes the contradictory relationship between cosmopolitanism and core elements of capitalism, particularly the domineering "capitalistic mentality" (re)produced by and through capitalism, leading to the conclusion that cosmopolitanism, on its own terms, demands an alternative, postcapitalistic political basis in order to make robust progress toward global justice. While offering this critique, Sculos also implicitly challenges the increasingly common view that cosmopolitanism today is inherently imperialistic and out of touch with the global resurgence of nationalism and anti-cosmopolitan sentiment.




The New Latin America


Book Description

Latin America has experienced a profound transformation in the first two decades of the 21st century: it has been fully incorporated into the global economy, while excluding regions and populations devalued by the logic of capitalism. Technological modernization has gone hand-in-hand with the reshaping of old identities and the emergence of new ones. The transformation of Latin America has been shaped by social movements and political conflicts. The neoliberal model that dominated the first stage of the transformation induced widespread inequality and poverty, and triggered social explosions that led to its own collapse. A new model, neo-developmentalism, emerged from these crises as national populist movements were elected to government in several countries. The more the state intervened in the economy, the more it became vulnerable to corruption, until the rampant criminal economy came to penetrate state institutions. Upper middle classes defending their privileges and citizens indignant because of corruption of the political elites revolted against the new regimes, undermining the model of neo-developmentalism. In the midst of political disaffection and public despair, new social movements, women, youth, indigenous people, workers, peasants, opened up avenues of hope against the background of darkness invading the continent. This book, written by two leading scholars of Latin America, provides a comprehensive and up-do-date account of the new Latin America that is in the process of taking shape today. It will be an indispensable text for students and scholars in Latin American Studies, sociology, politics and media and communication studies, and anyone interested in Latin America today.




Organizational Leadership


Book Description

Understand the reality of contemporary organizational leadership with the second edition of this thought-provoking textbook. Through an analysis of key theories and topical issues such as innovation, gender, power, ethics and environmental sustainability, the authors deftly illustrate how leadership cannot be extricated from the wider organizational context and why leadership is increasingly seen as a shared endeavour between leaders and followers. The book has been fully updated, with a new introduction discussing the challenges faced by leaders during the Covid-19 pandemic as well as a Foreword by Mary Robinson. NEW to this edition: A new chapter on Team Leadership looks at team dynamics, the role of technology in teamworking and the challenges arising for virtual teams A new chapter on Leadership and Artificial Intelligence covers the rise of AI and big data, and how AI affects the employment relationship and leader-follower relations A new Ethical Spotlight feature in all chapters explores ethical issues faced by leaders and encourages reflection Suitable for undergraduate and postgraduate students studying leadership. John Bratton is Honorary Professor in the Management School at Queen′s University Belfast, Northern Ireland.




Revolt of the Rich


Book Description

Inequality in the United States has reached staggering proportions, with a massive share of wealth held by the very richest. How was such a dramatic shift in favor of a narrow elite possible in a democratic society? David N. Gibbs explores the forces that shaped the turn toward free market economics and wealth concentration and finds their roots in the 1970s. He argues that the political transformations of this period resulted from a “revolt of the rich,” whose defense of their class interests came at the expense of the American public. Drawing on extensive archival research, Gibbs examines how elites established broad coalitions that brought together business conservatives, social traditionalists, and militarists. At the very top, Richard Nixon’s administration quietly urged corporate executives to fund conservative think tanks and seeded federal agencies with free-market economists. Even Jimmy Carter’s ostensibly liberal administration brought deregulation to the financial sector along with the imposition of severe austerity measures that hurt the living standards of the working class. Through a potent influence campaign, academics and intellectuals sold laissez-faire to policy makers and the public, justifying choices to deregulate industry, cut social spending, curb organized labor, and offshore jobs, alongside expanding military interventions overseas. Shedding new light on the political alliances and policy decisions that tilted the playing field toward the ultrawealthy, Revolt of the Rich unveils the origins of today’s stark disparities.