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Political Science Economic Conditions

Organizing the 1%

How Corporate Power Works

by (author) William K. Carroll & J.P. Sapinski

Publisher
Fernwood Publishing
Initial publish date
Sep 2018
Category
Economic Conditions, Economic Policy
  • Paperback / softback

    ISBN
    9781552668900
    Publish Date
    Sep 2018
    List Price
    $25.00
  • eBook

    ISBN
    9781773630816
    Publish Date
    Dec 2018
    List Price
    $24.99

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Description

Canada is ruled by an organized minority of the 1%, a class of corporate owners, managers and bankers who amass wealth by controlling the large corporations at the core of the economy. But corporate power also reaches into civil society and politics in many ways that greatly constrain democracy.

In Organizing the 1%, William K. Carroll and J.P. Sapinski provide a unique, evidence-based perspective on corporate power in Canada and illustrate the various ways it directs and shapes economic, political and cultural life.

A highly accessible introduction to Marxist political economy, Carroll and Sapinski delve into the capitalist economic system at the root of corporate wealth and power and analyze the ways the capitalist class dominates over contemporary Canadian society. The authors illustrate how corporate power perpetuates inequality and injustice. They follow the development of corporate power through Canadian history, from its roots in settler-colonialism and the dispossession of Indigenous peoples from their land, to the concentration of capital into giant corporations in the late nineteenth century. More recently, capitalist globalization and the consolidation of a market-driven neoliberal regime have dramatically enhanced corporate power while exacerbating social and economic inequalities. The result is our current oligarchic order, where power is concentrated in a few corporations that are controlled by the super-wealthy and organized into a cohesive corporate elite.

Finally, Carroll and Sapinski offer possibilities for placing corporate power where it actually belongs: in the dustbin of history.

About the authors

William K. Carroll is a professor of Sociology at the University of Victoria, where he served as founding director of the Social Justice Studies Program (2008-2012). Among his recent books are The Making of a Transnational Capitalist Class: Corporate Power in the 21st Century, Remaking Media: The Struggle to Democratize Public Communication (co-authored with Bob Hackett), Challenges and Perils: Social Democracy in Neoliberal Times and Critical Strategies for Social Research. He has won the Canadian Sociological Association's John Porter Prize twice for his books on the structure of corporate power in Canada. He is a Research Associate with the Canadian Centre for Policy Alternatives, an associate editor of the journal Socialist Studies and a member of the International Network of Scholar Activists.

Kanchan Sarker has a PhD in sociology from the University of North Bengal and teaches at the University of British Columbia-Okanagan. He has also taught at York University, the University of Windsor, the University of Waterloo and Cleveland University. He was a researcher at the Sociological Research Unit of the Indian Statistical Institute, Kolkata, India, from 1990-2001. He studies social movements, social inequality, globalization and neoliberalism, and has published several papers in national and international journals.

William K. Carroll's profile page

 

J. P. Sapinski is an assistant professor of environmental studies at Université de Moncton. He is interested in how the structures of capitalism and corporate power mediate the social metabolism between human societies and the ecosphere, and how we can transform this relationship to make it just and sustainable. He is currently advancing projects on the carbon extractive industry in Canada, on fossil fuel divestment in universities, and on climate geoengineering, in which he develops a broad critique of ecological modernization and green capitalist perspectives. His work was published in Environmental Sociology, Global Networks, International Sociology, Critical Sociology, and the Journal of World-Systems Research.

 

J.P. Sapinski's profile page

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