Tag: Marsh

The Structural Power of Business: Taking Structure, Agency and Ideas Seriously

This is a guest post by David Marsh (Institute of Governance and Policy Analysis, University of Canberra, Australia), Sadiya Akram (Queen Mary College, University of London, UK) and Holly Birkett (Birmingham Business School, UK), as part of the Duck of Minerva’s Symposium on Structural Power and the Study of Business. This post draws on ideas developed at greater length in their article found here. Links to other posts in the symposium can be found here.

There has been a revived interest in the last few years in the power of business. This is hardly surprising given the way in which Governments made significant concessions to the banks in the context of the Global Financial Crisis (GFC). Indeed, most, but not all, empirical studies of the power of business have concentrated on the relationships between Governments and the financial sector particularly in the UK and the US. Is it true, as some have claimed that the power of business has increased substantially, thus undermining the operation of contemporary democracy? Of course, this is, in large part, an empirical problem. However, assessing the power of any group within society is not easy and we need a more sophisticated conceptual framework to address this empirical problem.

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Programming Note: Symposium on Structural Power and the Study of Business

This week the Duck will host a symposium on a recent special issue of Business and Politics on Structural Power and the Study of Business, which was guest-edited by Pepper Culpepper and published in October. De Gruyter has generously agreed to temporarily ungate the issue to correspond with this symposium; the articles may be found here.

Each day of the week will contain a post in the morning and the afternoon, written by the authors of the articles in the issue, with a concluding post discussing the project by Randall German. We hope you will join us in the comments as we go along. This note will be updated with links to each post as they appear, so as to serve as an archive of sorts. The full schedule is below the jump.

 

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