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Milan Babic gives a talk on 'How does structural power operate? A framework for its working mechanisms' in the Political Economy Working Group

Dates:
  • Thu 19 Nov 2020 17.00 - 19.00
  Add to Calendar 2020-11-19 17:00 2020-11-19 19:00 Europe/Paris Milan Babic gives a talk on 'How does structural power operate? A framework for its working mechanisms' in the Political Economy Working Group

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Abstract: The global financial crisis of 2008, its following bank bailouts and associated corporate impunity sparked a renewed interest in the concept of structural power of business and the question of who rules? in capitalist societies. This new wave of scholarship mitigated some of the problems of the original, theory-driven structural power discussions from the 1970s and 80s. But despite significant advancements in the empirical identification of structural power, its specific working mechanisms remain understudied. Analyses tend to either deal with theoretical reasoning about its existence and forms (the debates from the 1970s and 80s) or with the outcomes of structural power and its influence on policy making decisions (the renewed debate since 2008). We are focusing on the conceptual gap between theory and empirics and ask, which factors explain structural power’s internal working mechanisms. We understand the structural power of business as a phenomenon that emerges from a network constellation of (real or perceived) instrumental power relations. We provide a framework through which it becomes possible to identify and analyze such structural power constellations empirically. This framework enables us to study how structural power of business changes over time and can account for the variation in outcomes. We exemplify this by an analysis of the failed plans of the Dutch government to abolish a dividend tax in 2018 that would have benefited a number of large multinationals, but collapsed before implementation. 

To receive the paper, please send an email to Nils Oellerich or Luuk Schmitz

Speaker: Milan Babic is a postdoctoral researcher at the Faculty of Social Sciences (FASoS) at Maastricht University, where he works within the ERC-funded SWFsEUROPE project. He is a member of the Corpnet research group and affiliated with the Political Economy and Transnational Governance program group, both located at the Amsterdam Institute for Social Science Research (AISSR).

His research interests span International Political Economy and Comparative Politics in general. Specifically, he is interested in question of corporate and state power, transnational class agency, European integration and the future of neoliberal globalization and the liberal international order. More info: here.

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Online only

Registration required to receive the Zoom link

Abstract: The global financial crisis of 2008, its following bank bailouts and associated corporate impunity sparked a renewed interest in the concept of structural power of business and the question of who rules? in capitalist societies. This new wave of scholarship mitigated some of the problems of the original, theory-driven structural power discussions from the 1970s and 80s. But despite significant advancements in the empirical identification of structural power, its specific working mechanisms remain understudied. Analyses tend to either deal with theoretical reasoning about its existence and forms (the debates from the 1970s and 80s) or with the outcomes of structural power and its influence on policy making decisions (the renewed debate since 2008). We are focusing on the conceptual gap between theory and empirics and ask, which factors explain structural power’s internal working mechanisms. We understand the structural power of business as a phenomenon that emerges from a network constellation of (real or perceived) instrumental power relations. We provide a framework through which it becomes possible to identify and analyze such structural power constellations empirically. This framework enables us to study how structural power of business changes over time and can account for the variation in outcomes. We exemplify this by an analysis of the failed plans of the Dutch government to abolish a dividend tax in 2018 that would have benefited a number of large multinationals, but collapsed before implementation. 

To receive the paper, please send an email to Nils Oellerich or Luuk Schmitz

Speaker: Milan Babic is a postdoctoral researcher at the Faculty of Social Sciences (FASoS) at Maastricht University, where he works within the ERC-funded SWFsEUROPE project. He is a member of the Corpnet research group and affiliated with the Political Economy and Transnational Governance program group, both located at the Amsterdam Institute for Social Science Research (AISSR).

His research interests span International Political Economy and Comparative Politics in general. Specifically, he is interested in question of corporate and state power, transnational class agency, European integration and the future of neoliberal globalization and the liberal international order. More info: here.


Location:
Via Zoom -

Affiliation:
Department of Political and Social Sciences

Type:
Working group

Contact:
Jennifer Rose Dari (EUI - Department of Political and Social Sciences) - Send a mail

Organiser:
Nils Oellerich (EUI - Department of Political and Social Sciences)
Luuk Pieter Hendrik Schmitz (EUI - Department of Political and Social Sciences)
Prof. Dorothee Bohle (EUI - Department of Political and Social Sciences)

Speaker:
Milan Babic (Maastricht University)

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