Capitalism and class power / / Ronald W. Cox.

• Superior document: Studies in Critical Social Sciences ; volume 270
• VerfasserIn: Cox, Ronald W.,
• TeilnehmendeR: Cox, Ronald W., 1962-
• Place / Publishing House: Leiden : : BRILL,, 2023.
• Year of Publication: 2023
• Edition: 1st ed.
• Language: English
• Series: Studies in Critical Social Sciences ; 270.
• Physical Description: 1 online resource.

"How do corporations use their instrumental and structural power within markets and states to advance their policy agendas? Capitalism and Class Power examines corporate power through chapters on the U.S. military industrial complex, the rise of billionaire wealth in the U.S., the role of a transnational investment bloc in U.S.-Saudi relations, the rise of global disinformation firms, Canadian imperialism in the English-speaking Caribbean, the power of an EU corporate bloc in Caribbean trade agreements, the relationship between capitalism and poverty in rich capitalist countries, and the relationship between "neoliberalism" and capitalism. Professor Cox concludes the volume with reflections on the importance of corporate power research to achieving systemic change. Contributors are: Melissa Boissiere, Aram Eisenschitz, Jamie A. Gough, Adam D. Hernandez, Tamanisha J. John, Mazaher Koruzhde, Rob Piper and Bryant William Sculos. Ronald W. Cox is Professor of Politics and International Relations at Florida International University. He has published six books on corporate power in the global economy and is editor of the open access online journal Class, Race and Corporate Power"-- Provided by publisher.

Table of Contents

Half Title -- Series Information -- Title Page -- Copyright Page -- Contents -- Acknowledgements -- Figures and Tables -- Notes on Contributors -- Chapter 1 Introduction -- References -- Chapter 2 Class Power and the Military-Industrial Complex in the United States -- 1 Introduction -- 2 The Military-Industrial Complex and Critical Junctures in U.S. Foreign Policy -- 3 The Rising Power of the MIC Post-9/11 -- 4 The Post-9/11 Failures of Counterinsurgency -- 5 The Continuity of the MIC from Bush to Obama to Trump to Biden -- 6 The MIC and the Threat Construction of Russia and China -- 7 Conclusion -- References -- Chapter 3 The Billionaire Dimension of Class Power within Economic Sectors -- 1 Introduction -- 2 Theoretical Framework -- 3 Sector Overview -- 4 Method of Sector Analysis -- 5 Level of Concentration in the Finance Sector -- 6 Level of Income Distribution in the Finance Sector -- 7 Level of State Subsidization in the Finance Sector -- 8 Level of Concentration in the Tech Sector -- 9 Level of Income Distribution in the Tech Sector -- 10 Level of State Subsidization in the Tech Sector -- 11 Level of Concentration in the Food Sector -- 12 Level of Income Distribution in the Food Sector -- 13 Level of State Subsidization in the Food Sector -- 14 What Patterns Have Been Identified -- 15 Financialization -- 16 Rentierism -- 17 Labor Exploitation -- 18 Shareholder Culture -- 19 Crony Capitalism -- 20 Tax Policy -- 21 Conclusion -- References -- Chapter 4 The Transnational Investment Bloc in the U.S. and Persian Gulf -- 1 Introduction -- 2 The Historical Foundations of the Transnational Investment Bloc -- 3 Agenda's in U.S.-Arab Relations -- 4 Petrodollars and the Expansion of the Transnational Investment Bloc -- 5 Saudi Arabia's Role -- 6 Energy Ties -- 7 Defense Contracts -- 8 Saudi Investment in U.S. Companies and Financial Markets.

9 U.S. Banks, Financial and Non-financial Sectors, and Saudi Arabia's Transformation -- 10 The Political Implications of U.S.-Saudi Economic Ties -- References -- Chapter 5 Fake News and Social Media: Neoliberalism and the Case of Bell Pottinger -- 1 Introduction -- 2 Bell Pottinger and the Rise of Neoliberalism -- 3 Early Bell Pottinger in South Africa -- 4 Bell Pottinger in Iraq -- 5 Bell Pottinger's Promotion of Neoliberalism Pre-Arab Spring -- 6 Conclusion -- 7 Reflections -- References -- Chapter 6 Canadian Imperialism in Caribbean Structural Adjustment, 1980-2000 -- 1 Introduction -- 2 The Neoliberal Turn: Canada and the English-Speaking Caribbean -- 3 IMF and World Bank Structural Adjustment in the 1980s and 1990s: New Reinvestment Opportunities for Canadian Banks and Financial Interests in the Caribbean -- 4 Structural Adjustment as International Order: Canadian Banks, Financial Interests, and the Caribbean -- 4.1 The Case of Grenada: Going against Structural Adjustment as International Order -- 5 Renewed Investment Consolidation by Canadian Banks in the Caribbean: Characteristics of New Investments and Neoliberal Development Strategies -- 6 Domestic Market Share of Canadian and Foreign Financial Institutions 2000 -- 7 Conclusion -- References -- Chapter 7 Corporate Power and the Transition from Lomé to the CARIFORUM-EU EPA -- 1 Introduction -- 2 The Lomé Conventions -- 3 Transnational Corporate Power in Europe, the Uruguay Round, and Lomé -- 4 Corporate Power and the Post-Lomé Framework for Europe-ACP Engagement -- 5 Conclusion -- References -- Chapter 8 The Necessity of Poverty in the High-Income Countries -- 1 Introduction -- 2 Poverty and the Waged Economy -- 2.1 Employment -- 2.2 Unemployment -- 2.3 Social Differentiation of Employment and Unemployment -- 2.4 Spatial Differentiation -- 3 Poverty and the State.

3.1 State Intervention into the Waged Economy -- 3.2 Taxation of the Poor -- 3.3 Social Services -- 3.4 State Benefits -- 4 Social Reproduction and Poverty -- 4.1 Household, Caring Work and Gender -- 4.2 The Decline of Neighbourhood Survival Strategies of the Poor -- 4.3 Housing -- 4.4 Poor Neighbourhoods -- 4.5 Damaged by Commodities -- 5 Conclusion: the Poor and the Working Class as a Whole -- References -- Chapter 9 The Limits of the Concept of Neoliberalism in Action -- 1 What's New in Neoliberalism? -- 2 The Critique of the Critique of Neoliberalism: Theory and Politics -- 3 The Political Trap of (Critiques of) Neoliberalism -- 4 Healthy Profits, Unhealthy People -- 5 Verdant Capitalism, Decrepit Planet -- 6 Capitalism Is the Pandemic -- 7 Authoritarian Capitalism -- 8 It's (Still) a Trap! -- 9 Conclusion: Rethinking Relevance through the Critique of (the Concept of) Neoliberalism -- References -- Chapter 10 Corporate Power and Praxis in Critical Scholarship -- 1 Introduction -- 2 The Structural, Instrumental and Contextual Power of Capital -- 3 The Importance of Organic Intellectuals -- 4 Building Class Power for Systemic Transformation -- 5 Self-Emancipation of the Working Class -- 6 Conclusion -- References -- Index.