Corporate Power, Class Conflict, and the Crisis of the New Globalization

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Conditions, International, International Relations
Cover of the book Corporate Power, Class Conflict, and the Crisis of the New Globalization by Ronald W. Cox, Lexington Books
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Author: Ronald W. Cox ISBN: 9780739187685
Publisher: Lexington Books Publication: January 14, 2019
Imprint: Lexington Books Language: English
Author: Ronald W. Cox
ISBN: 9780739187685
Publisher: Lexington Books
Publication: January 14, 2019
Imprint: Lexington Books
Language: English

Transnational corporations have used their market and political power in the U.S., the European Union and Japan to expand global production on terms that are highly favorable to corporate interests. Through a detailed history of the establishment of global value chains, Ronald W. Cox examines how corporations have internationalized production by working directly with political elites to establish terms of investment and trade that facilitate working class exploitation. He also examines the political implications of the growing gap between the global rich and the working class, including the increasing illegitimacy of corporate-backed governments in the United States and the European Union. The author concludes the book with suggestions for how the global working class can fight for their own interests in the context of the rising threats of far-right extremism and neo-fascist political movements.

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Transnational corporations have used their market and political power in the U.S., the European Union and Japan to expand global production on terms that are highly favorable to corporate interests. Through a detailed history of the establishment of global value chains, Ronald W. Cox examines how corporations have internationalized production by working directly with political elites to establish terms of investment and trade that facilitate working class exploitation. He also examines the political implications of the growing gap between the global rich and the working class, including the increasing illegitimacy of corporate-backed governments in the United States and the European Union. The author concludes the book with suggestions for how the global working class can fight for their own interests in the context of the rising threats of far-right extremism and neo-fascist political movements.

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