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The Making of a Transnational Capitalist Class - Corporate Power in the 21st Century (Hardcover)
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The Making of a Transnational Capitalist Class - Corporate Power in the 21st Century (Hardcover)
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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, this 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.
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