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Monographic compilation of essays on the impact of multinational enterprise capitalism on national level economic development and dependence of developing countries (incl. Latin America and Africa) - considers the origins of the dependence development theory in context with modernization and neoclassical economic theories, analyses underdevelopment effects of mass media, arms, technological change, etc., and examines alternative development policy options based on self-reliance, references and statistical tables.
This book investigates Central America's political economy seen through the lens of its powerful business groups. It provides unique insight into their strategies when confronted with a globalized economy, their impact on development of the isthmus, and how they shape the political and economic institutions governing local varieties of capitalism.
This volume examines how globalization and transnational capitalism have reshaped the terrain and parameters of social, economic, and political relations - both at the national and the global levels - and how the relations of domination and subordination are reproduced in new forms beyond national borders. It discusses the essential question on whether the resilient hegemony of transnational capitalism can be possibly reproduced, containing alternative systems of organization. The book can be heuristically summarized by the Chinese words for "crisis," which is made up of two syllables - Wei and Ji - representing danger and opportunity, respectively. It means that there is a crisis, there is an element of danger, and that there is opportunity. Consequently, while it is important to understand the embedded limits of capitalism, it is equally important to continue the effort to search for alternative opportunities.
Sure to stir controversy and debate, A Theory of Global Capitalism will be of interest to sociologists and economists alike.
This book investigates Central America's political economy seen through the lens of its powerful business groups. It provides unique insight into their strategies when confronted with a globalized economy, their impact on development of the isthmus, and how they shape the political and economic institutions governing local varieties of capitalism.
The beautiful Caribbean basin is fertile ground for a study of capitalism past and present. Transnational corporations move money and labor around the region, as national regulations are reworked to promote conditions benefiting private capital. Globalizing the Caribbean offers a probing account of the region’s experience of economic globalization while considering gendered and racialized social relations and the frequent exploitation of workers. Jeb Sprague focuses on the social and material nature of this new era in the history of world capitalism. He combines an historical overview of capitalism in the region with theoretical analysis backed by case studies. Sprague elaborates upon the role of class formation and the restructuring of local states. He considers both U.S. hegemony, and how various upsurges from below and crises occur. He examines the globalization of the cruise ship and mining businesses, looks at the growth of migrant labor and reverse flow of remittances, and describes the evolving role of export processing and supranational associations. In doing so, Sprague shows how transnationally oriented elites have come to rule the Caribbean, and how capitalist globalization in the region occurs alongside shifting political, institutional, and organizational dynamics.
While most of the popular and academic debates explore ideas of globalization, The Transnational Capitalist Class goes one step further and provides theoretically informed empirical research to explain and deconstruct the process of globalization as seen by the corporations themselves. Using personal interviews with executives and managers from over eighty Fortune Global 500 corporations, as well as already published sources, Sklair demonstrates how globalization works from the perspective of those who control and oppose the major globalizing corporations and their allies in government and the media. The book explores two major crises of globalization - class polarization and ecological sustainability - and shows how the transnational capitalist class attempts to resolve these crises and evaluates its own success and failure. Sklair's unique approach brings a fresh perspective to what has become a key debate of our time.
Throughout the world, there has been a growing wave of interest in global corporate power and the rise of a transnational capitalist class, triggered by economic and political transformations that have blurred national borders and disembedded corporate business from national domiciles. Using social network analysis, William Carroll maps the changing field of power generated by elite relations among the world's largest corporations and related political organizations. Carroll provides an in-depth analysis that spans the three decades of the late 20th and early 21st century, when capitalist globalization attained unprecedented momentum, propelled both by the transnationalization of accumulation and by the political paradigm of transnational neoliberalism. This has been an era in which national governments have deregulated capital, international institutions such as the World Trade Organization and the World Economic Forum have gained prominence, and production and finance have become more fully transnational, increasing the structural power of capital over communities and workers. Within this context of transformation, the book charts the making of a transnational capitalist class, reaching beyond national forms of capitalist class organization into a global field, but facing spirited opposition from below in an ongoing struggle that is also a struggle over alternative global futures.