The Making of a Transnational Capitalist Class: Corporate Power in the 21st Century
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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Is there a transnational corporate community?
Tables and figures
the transnational corporatepolicy
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accumulation American analysis Bank Bilderberg Conference billionaires business councils capitalist class formation cent central centre Chapter companies component core corporate affiliations corporate boards corporate directors corporate Europe corporate governance corporate interlocks corporate-policy network countries decade directorships domiciled dominant eco-efficiency elite network Europe's extensive Figure financial institutions financial-industrial firms based Forbes G500 boards G500 corporations global cities global corporate elite global corporate network global corporate power global field global network global policy groups global South hegemony ibid industrial inner circle integration inter-corporate interlocking directorates ITUC Japan Japanese linked major national interlocking national networkers neoliberal North America North Atlantic organizational organizational ecology organizations pan-European participate Pijl policy boards political primary interlocks regional relations segment semi-periphery shift sociogram structure tion Top Dogs trans transnational capitalist class transnational corporate transnational interlocking transnational network transnationalists transnationalized triad Trilateral Commission US-based WBCSD World Economic Forum world's largest