This book examines how corporations have expanded their market and political power on a global scale by internationalizing production on terms highly favorable to investors. It also details how corporate profits are increasingly dependent on a global exploitation of labor that has led to the latest crisis of global capitalism.

This book examines the manifestations of corporate power in US foreign policy and the global economy over the past thirty years, culminating in an assessment of the implications of greater concentrations of wealth and power for democracy, both in the US and abroad.

"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.

The largest, wealthiest corporations have gained unprecedented power and influence in contemporary life. From cradle to grave the decisions made by these entities have an enormous impact on how we live and work, what we eat, our physical and psychological health, what we know or believe, whom we elect, and how we deal with one another and with the natural world around us. At the same time, government seems ever more subservient to the power of these oligopolies, providing numerous forms of corporate welfare—tax breaks, subsidies, guarantees, and bailouts—while neglecting the most basic needs of the population. In Corporate Power, Oligopolies, and the Crisis of the State, Luis Suarez-Villa employs a multidisciplinary perspective to provide unprecedented documentation of a growing crisis of governance, marked by a massive transfer of risk from the private sector to the state, skyrocketing debt, great inequality and economic insecurity, along with an alignment of the interests of politicians and a new, minuscule but immensely wealthy and influential corporate elite. Thanks to this dysfunctional environment, Suarez-Villa argues, stagnation and a vanishing public trust have become the hallmarks of our time.

As technological creativity, corporate research, and talent flows become more important than ever, Globalization and Technocapitalism explores the manner in which globalization acquires new contextual features that will become central to the macro-social dynamics of the twenty-first century. It thus sheds light on the resultant growth in global inequalities and more intrusive forms of global domination that are grounded in emerging sectors, its diverse fields and related advances in computing and telecommunications.

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.

This book critiques and extends the analysis of power in the classic, Who Rules America?, on the fiftieth anniversary of its original publication in 1967—and through its subsequent editions. The chapters, written especially for this book by twelve sociologists and political scientists, provide fresh insights and new findings on many contemporary topics, among them the concerted attempt to privatize public schools; foreign policy and the growing role of the military-industrial component of the power elite; the successes and failures of union challenges to the power elite; the ongoing and increasingly global battles of a major sector of agribusiness; and the surprising details of how those who hold to the egalitarian values of social democracy were able to tip the scales in a bitter conflict within the power elite itself on a crucial banking reform in the aftermath of the Great Recession. These social scientists thereby point the way forward in the study of power, not just in the United States, but globally. A brief introductory chapter situates Who Rules America? within the context of the most visible theories of power over the past fifty years—pluralism, Marxism, Millsian elite theory, and historical institutionalism. Then, a chapter by G. William Domhoff, the author of Who Rules America?, takes us behind the scenes on how the original version was researched and written, tracing the evolution of the book in terms of new concepts and research discoveries by Domhoff himself, as well as many other power structure researchers, through the 2014 seventh edition. Readers will find differences of opinion and analysis from chapter to chapter. The authors were encouraged to express their views independently and frankly. They do so in an admirable and useful fashion that will stimulate everyone’s thinking on these difficult and complex issues, setting the agenda for future studies of power.