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"Power elites after fifty years"

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Blogger Dan said...

Mark Mizruchi is continuing work on this set of questions and has a very provocative thesis: that corporations have become more powerful but less cohesive because of the decline of the "inner circle" of central directors and the like (cf. Useem 1984). Thus, while individual corporations have more sway on public policy than ever, there are no effective collective corporate actors able to push for policies broadly beneficial for corporate America (and often, to some degree, America as a whole). A very rough draft is available from his page, here: http://www-personal.umich.edu/~mizruchi/seminar-paper1.pdf but he also has more updated versions running around.

July 25, 2009 at 9:20 AM

Blogger Jim said...

Daniel,

Thank you for a fascinating post. You might be interested in the work of Leslie Sklair, who argues that the most important power elite today is what he calls the 'transnational capitalist class', i.e. the directors and potentates of transnational corporations who identify more with each other than with their compatriots. See Sklair's book of the same name for more.

Jim

July 26, 2009 at 4:31 AM

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