With the continuing consolidation of corporate holdings through
wave after wave of mergers and acquisitions, the ubiquitous power
of major corporations is of increasing concern from both a
practical and a theoretical standpoint. In this study Dugger
approaches corporate power as an institutional phenomenon. Through
his sharply focused analysis, he traces the development of U.S.
corporate hegemony and explores the impact of the big corporation's
social dominance in every aspect of contemporary life. The author
begins with an examination of the nature of the corporate behemoth,
its values and behavior, inner contradictions, drive for economic
power, and its unrestricted control of the global market economy.
He looks at the underlying dynamics of the corporation's drive for
control and the various processes through which its values,
meanings, and motives are imposed. These processes include
coercion, contamination, subordination, emulation, and
mystification. Dugger shows how the careerism corporations demand
systematically draws energy and commitment away from family,
community, and other spheres of life, thus corroding their meaning
and value. He studies the impact of corporate power on the family,
schools and colleges, unions, churches, communities, the state, and
the media, and demonstrates how each of the power mechanisms is
used to devalue and hollow out these institutions. Dugger argues
that the social vacuum this creates is being filled by the big
corporations. Unique in its institutional approach to the rise and
spread of corporate power, Corporate Hegemony makes a significant
contribution to our understanding of the crisis of pluralism in the
West.
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