Corporate Business and Capitalist ClassesOUP Oxford, Feb 6, 1997 - 382 pages 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. |
Contents
ix | 15 |
MANAGERIALIST AND MARXIST PERSPECTIVES | 21 |
2220 | 29 |
STRUCTURES OF CORPORATE CONTROL | 35 |
CORPORATE CONSTELLATIONS IN | 56 |
STRUCTURES OF FINANCE CAPITAL | 107 |
The City and Corporate Power in Britain | 115 |
103 | 130 |
The Japanese Pattern | 181 |
The Chinese Pattern | 196 |
MANAGERS NETWORKS AND HIERARCHIES | 204 |
DISORGANIZATION DISARTICULATION | 237 |
Concentration and Economic Disorganization | 255 |
State Intervention and Deregulation | 262 |
THE CORPORATION AND CAPITALIST CLASSES | 274 |
Bibliography | 314 |
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Common terms and phrases
activities Anglo-American economies argued assets autonomy banks become Belgium Berle and Means Britain capitalist class cent central chaebol class situations commercial company law concentration constellation of interests corporate behaviour corporate sets corporate strategy corporate webs Corporatism corporatist dominant executives family control finance capital finance capitalists financial institutions foreign German groups growth held holders holding companies impersonal possession important income increase insurance companies intercorporate network interlocking directorships internal investment investment banks involved Japan Japanese joint stock company large enterprises large number London long-term majority management control managerial managerialist Marxist minority control Mode of control multiple directors national economies nomenklatura nomic non-financial enterprises operations owner ownership and control pattern prises production profitability relations rentier role Scott Second World War sector shareholders shares shows social class society Strategic control structure subsidiaries Sweezy Table theory tion United world-economy zaibatsu Zeitlin