Corporate Power and Ownership in Contemporary Capitalism

The Politics of Resistance and Domination

By Susanne Soederberg

© 2010 – Routledge

196 pages

Purchasing Options:
Paperback: 9780415467889
pub: 2009-09-14
US Dollars$43.95
Hardback: 9780415467872
pub: 2009-09-09
US Dollars$150.00

e–Inspection Copy

About the Book

Despite the influence corporations wield over all aspects of everyday life, there has been a remarkable absence of critical inquiry into the social constitution of this power. In analysing the complex relationship between corporate power and the widespread phenomenon of share ownership, this book seeks to map and define the nature of resistance and domination in contemporary capitalism.

Drawing on a Marxist-informed framework, this book reconnects the social constitution of corporate power and changing forms of shareholder activism. In contrast to other texts that deal with corporate governance, this study examines a diverse and comprehensive set of themes, from socially responsible investing to labour-led shareholder activism and its limitations. Through this ambitious and critical study, author Susanne Soederberg demonstrates how the corporate governance doctrine represents an inherent feature of neoliberal rule, effectively disembedding and depoliticising relations of domination and resistance from the wider power and paradoxes of capitalism.

Examining corporate governance and shareholder activism in a number of different contexts that include the United States and the global South, this important book will be of interest to students and scholars of international political economy, international relations and development studies. It will also be of relevance to a wider range of disciplines including finance, economics, and business and management studies.

Winner of the Davidson/Studies in Political Economy Award.


'This is a welcome addition to the literature on the role of corporate power in contemporary society.' - Stephen McBride, Socialist Studies, Vol. 7, 1/2. Spring/Fall 2011

Table of Contents

Part 1: Introduction 1. Repoliticizing Corporate Power and Ownership in Contemporary Capitalism Part 2: Power and Paradoxes of Corporate Power and Mass Investment 2. Repoliticizing the Ownership Society and the Marketization of Security 3. Repoliticizing Corporate Governance: Scandals, Struggles, and the Sarbanes-Oxley Act 4. Deconstructing the Myth of Corporate Democracy: The Case of the Equal Access Proposal Part 3: The Changing Forms of and Limits to Shareholder Activism 5. The Limits to Labour’s Capital and the New Activism 6. Corporate Governance and Entrepreneurial Development: The Case of the Permissible Country Index 7. The Marketization of Social Justice: The Case of the Sudan Divestment Campaign

About the Author

Susanne Soederberg is a Canada Research Chair in Global Political Economy and an Associate Professor in the Departments of Global Development Studies and Political Studies at Queen's University, Canada. She is author of The Politics of the New International Financial Architecture: Reimposing Neoliberal Domination in the Global South (2004) and Global Governance in Question: Empire, Class, and the New Common Sense in Managing North-South Relations (2006)

About the Series

RIPE Series in Global Political Economy

For almost two decades now, the RIPE Series published by Routledge has been an essential forum for cutting-edge scholarship in International Political Economy. The series brings together new and established scholars working in critical, cultural and constructivist political economy. Books in the RIPE Series typically combine an innovative contribution to theoretical debates with rigorous empirical analysis.

The RIPE Series seeks to cultivate:

  • Field-defining theoretical advances in International Political Economy
  • Novel treatments of key issue areas, both historical and contemporary, such as global finance, trade, and production
  • Analyses that explore the political economic dimensions of relatively neglected topics, such as the environment, gender relations, and migration
  • Accessible work that will inspire advanced undergraduates and graduate students in International Political Economy.

James Brassett – Warwick

Eleni Tsingou – Copenhagen Business School

Susanne Soederberg – Queen’s

Jacqueline Best – Ottawa

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
POLITICAL SCIENCE / International Relations / General