The Political Constitution of the Corporation
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The Political Constitution of the Corporation

A Management Studies View

Alexander Styhre

In this insightful book, Alexander Styhre examines how corporations, often understood primarily as economic entities or legal devices, seek to influence and shape the market and the wider society in which they operate. Given the scope of such activities in most advanced economies, Styhre argues that corporations are political agents in their own right and that they must be critically analyzed in these terms.
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Chapter 6: The corporation and the future competitive capitalism

Alexander Styhre


The final chapter of the volume discusses the wider implication of the political view of the corporation, and how the future of the legal device of the incorporated business may respond to the legislators’ intentions in the financialized economy. Growth in economic inequality has been observed and verified both in statistical terms and further explored in case studies, and is now widely accepted as being a foremost consequence of legal reform and the liberalization of regulatory control of market, and finance markets in particular. Drawing in the influential, yet understated work of Joseph Schumpeter, the gradual shift from entrepreneurial to rentier interests in the contemporary economy is discussed. Finally, some implications for management studies scholarship are sketched against the background of the principal arguments made in the volume.

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