Corporate Business and Capitalist Classes
OUP Oxford, 1997 M02 6 - 382 páginas
Large multinational corporations shape our lives to an enormous extent. How is the growth, power, and significance of big business to be explained and understood? Focusing on the issues of ownership, control, and class formation, Corporate Business and Capitalist Classes explores the implications of changes in the nature of big business, which affect both the businesses themselves, and the economic and political milieu in which these multinationals operate. Up-to-date empirical evidence is reviewed in a wide-ranging comparative framework that covers Britain and the United States, Germany, France, Japan, and many other societies, including emerging forms of capitalism in China and Russia. Unlike other specialist texts in the area, Corporate Business and Capitalist Classes relates its concerns to issues of social stratification and class structure. The first and second editions of the book (under the title Corportations, Classes and Capitalism) were enthusiastically received, and the present edition reviews new theoretical ideas and empirical evidence that has emerged in the ten years since the second edition appeared. The text has been completely re-written and re-structured, and it relates its concerns to contemporary debates over `disorganized capitalism' and post-industrialism.
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STRUCTURES OF CORPORATE CONTROL
CORPORATE CONSTELLATIONS IN
STRUCTURES OF FINANCE CAPITAL
VARIANT PATTERNS OF CAPITALIST
MANAGERS NETWORKS AND HIERARCHIES
Concentration and Economic Disorganization
State Intervention and Deregulation
THE CORPORATION AND CAPITALIST CLASSES
Otras ediciones - Ver todas
able accounted activities allowed American argued associated banks basis became become Britain British capital capitalist capitalist class cent central changes City closely common companies concentration concerns constellations continue corporate countries declined dependent direct directors directorships dominant economies effective enter entrepreneurial established evidence example executives foreign funds German groups growth held holdings important income increase individuals industrial influence institutions intercorporate interests interlocks internal investment involved Italy Japanese large enterprises largest leading less limited majority managers Means minority control non-financial operations organized owner ownership participations particular pattern period position possession prises production profitability relations remained result role sector seen separation shareholders shares shows significant similar situations social society Source strategy structure subsidiaries Table theory tion trust United World
Página 36 - Strategy can be defined as the determination of the basic long-term goals and objectives of an enterprise, and the adoption of courses of action and the allocation of resources necessary for carrying out these goals.
Página 25 - As banking develops and becomes concentrated in a small number of establishments, the banks grow from modest middlemen into powerful monopolies having at their command almost the whole of the money capital of all the capitalists and small businessmen and also the larger part of the means of production and sources of raw materials in any one country and in a number of countries.
Página 31 - The separation of ownership from control produces a condition where the interests of owner and of ultimate manager may, and often do, diverge, and where many of the checks which formerly operated to limit the use of power disappear.
Página 33 - In many sectors of the economy the visible hand of management replaced what Adam Smith referred to as the invisible hand of market forces.
Página 48 - In its purest form, the first is based upon influence derived exclusively from the possession of goods or marketable skills guaranteed in some way and acting upon the conduct of those dominated, who remain, however, formally free and are motivated simply by the pursuit of their own interests.
Página 265 - The socialization of costs and the private appropriation of profits creates a fiscal crisis, or 'structural gap', between state expenditures and state revenues. The result is a tendency for state expenditures to increase more rapidly than the means of financing them.
Página 30 - ... language, from the legal right to enjoy its fruits. Control of physical assets has passed from the individual owner to those who direct the quasi-public institutions, while the owner retains an interest in their product and increase. We see, in fact, the surrender and regrouping of the incidence of ownership, which formerly bracketed full power of manual disposition with complete right to enjoy the use, the fruits, and the proceeds of physical assets.
Página 23 - Without any change in the norm, . . . ade facto right is added to the personal absolute domination over a corporeal thing. This right is not based upon a special legal provision. It is the power of control, the power to issue commands and to enforce them.
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