Quiet Politics and Business Power

2010 ◽  
Author(s):  
Pepper D. Culpepper
Keyword(s):  
Business Power

The Comparative Political Economy of Growth Models: Explaining the Continuity of FDI-Led Growth in Ireland and Hungary

2021 ◽  
Vol 49 (1) ◽  
pp. 75-106
Author(s):  
Dorothee Bohle ◽  
Aidan Regan
Keyword(s):  
Capital Investment ◽  
Multinational Firms ◽  
Growth Models ◽  
Case Study Research ◽  
Comparative Case Study ◽  
Oriented Growth ◽  
Political Determinants ◽  
Growth Regime ◽  
Business Power ◽  
Comparative Capitalism

This article argues that the quiet politics of informal business-state interaction explains the political determinants of growth regimes. Building on the business power literature within the study of comparative capitalism, it shows that the noisy politics of elections often leads to changes of government but rarely to fundamental changes in the growth regime. Rather, growth models can be traced to the interactions and interests of dominant corporations within a country and its policymaking elites. The argument is developed through a comparative case study research design, using the case of foreign direct investment–led (FDI-led) growth in Ireland and Hungary. FDI-led growth regimes are a universe of cases that rely on state-led industrial and enterprise policies targeting the capital investment of foreign-owned multinational firms. Despite periods of noisy electoral politics challenging basic tenets of the FDI-led growth model in both Hungary and Ireland, the continuity of FDI-oriented growth is traced to the corporate politics of business-state elite deals.

scholarly journals From Big Bang to Brexit: The City of London and the Discursive Power of Finance

2021 ◽  
pp. 003232172098571
Author(s):  
Scott James ◽  
Hussein Kassim ◽  
Thomas Warren
Keyword(s):  
Big Bang ◽  
Policy Discourse ◽  
Real Economy ◽  
Financial Centre ◽  
Business Power ◽  
Financial Power ◽  
Discursive Power ◽  
City Of London ◽  
The City ◽  
The Eu

This article aims to generate new insights into the City’s influence during the Brexit negotiations. Integrating theories of discursive institutionalism and business power, we set out to analyse the dynamic ‘discursive power’ of finance. From this perspective, a key source of the City’s influence historically has been a powerful strategic discourse about London’s role as Europe’s leading global financial centre. This was strengthened following the financial crisis to emphasise its contribution to the ‘real’ economy and emerging regulatory threats from the EU. We argue that Brexit challenges the City’s discursive power by removing ‘ideational constraints’ on acceptable policy discourse, and undermining the ‘discursive co-production’ of financial power by government and industry. By encouraging financial actors to re-evaluate their interests, this has contributed to increasing discursive fragmentation and incoherence. Evidence for this comes from the City’s ambiguous policy preferences on Brexit, and the emergence of a rival pro-Brexit ‘discursive coalition’.

scholarly journals Power, authority and government of companies in the information society

2019 ◽  
Vol 10 (1) ◽  
pp. 69-81
Author(s):  
Daniel Fernando López- Jiménez ◽  
Patricio Vergara
Keyword(s):  
Present Article ◽  
Information Society ◽  
Power Relations ◽  
Business Power ◽  
The World ◽  
Political Approach

In the present article, an analysis is made about the power relations, authority and government of the five biggest TI and communications companies of the world in 2017: Apple, Microsoft, Google, Facebook, Amazon; from the philosopher-political approach of Plato, Aristotle, Weber, Foucault, Arendt, Luhman and Herrero, in order to establish possible similarities between the politic power and the economical-business power, from the critical postures of Byung-Chul Han, McLuhan, Castells and Negroponte.

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