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The Corporation : State of Power 2020

The Corporation is capitalism’s preeminent institution, dominating our economy, distorting our politics and reshaping society. TNI’s ninth flagship State of Power report delves deep into the changing nature of the corporation in a time of digitalisation and financialisation and asks how we might best confront its power and construct alternatives.

Essays

Charming psychopaths: The modern corporation
An interview with Joel Bakan
The biggest change corporations have made in last 15 years have been their embracing of commitments to sustainability and social responsibility. Writer of the acclaimed 2003 book and film, The Corporation, Professor Bakan argues that the ’new corporation’ is ‘probably even more dangerous’ than its predecessor.

The intelligent corporation: Data and the digital economy
Anita Gurumurthy and Nandini Chami
The Corporation is on the cusp of achieving ‘quantum supremacy’ as a result of its massive accumulation of data powered by algorithmic-based intelligence. Social movements need to grasp this change quickly.

Beyond ‘China, Inc.’ Understanding Chinese Companies
Lee Jones
119 of Fortune 500 list of world’s largest companies are now Chinese, just behind the US (121). How does a Chinese transnational differ to a Western one and what are the implications for movements that confront their impacts?

The corporate architecture of impunity: Lex Mercatoria, market authoritarianism and popular resistance
Adoración Guamán
National and international law has been increasingly codified by transnational corporations to protect them from accountability for human rights violations and to bolster a politics of market authoritarianism.

Corporations as Private Sovereign Powers: The case of Total
Alain Deneault
Total says its a French oil company but a closer examination shows this description is not true. The complexity obscures a bigger truth about corporations which is that they have turned into private sovereign powers.

The Financialised Firm: How finance fuels and transforms today’s corporation
Myriam Vander Stichele
The financial sector does not just provide a lifeline to corporations, it is actively helping them expand and changing the very nature of the modern corporation

Touching a nerve: How a peoples’ campaign at the United Nations is challenging corporate rule
Brid Brennan and Gonzalo Berrón
Corporate rule may seem immutable and irreversible, but a popular movement in alliance with some governments is forcing corporate accountability onto the international agenda.

The End of the Corporation? It’s time to make the profit-maximising, shareholder-controlled corporation obsolete
Majorie Kelly
We need to envisage and create an entirely new concept of the company – a just firm – designed from the inside out for a new mandate: to serve broad wellbeing and the public good.
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Las opiniones y conslusiones expresadas en el siguiente artículo son de exclusiva responsabilidad del autor y no necesariamente reflejan la posición del CETRI.