Corporate Germany between Globalization and Regional Place by Christian Berndt (auth.)

By Christian Berndt (auth.)

Show description

Read Online or Download Corporate Germany between Globalization and Regional Place Dependence: Business Restructuring in the Ruhr Area PDF

Best economic policy books

Electricity Market Reforms: Economics and Policy Challenges

With the worldwide call for for power skyrocketing, over the last two decades many nations have restructured their electrical strength industries, as a rule relocating from a regulated monopoly to a aggressive marketplace constitution. the result of those reforms fluctuate considerably from kingdom to nation reckoning on the industry association version and nationwide stipulations.

Globalization and Progressive Economic Policy

In Globalization and innovative financial coverage, thirty-six well-known economists examine the influence of the rising worldwide economic system on our nationwide sovereignty and criteria of dwelling. Does globalization reason inequality? Instability? Unemployment? Environmenal degradation? Or is it an engine of prosperity and wealth for the majority of the world's voters?

Monetary Policy under Uncertainty: Historical Origins, Theoretical Foundations, and Empirical Evidence

Oliver Sauter analyzes 3 points of financial coverage lower than uncertainty. First he exhibits that the phrases chance and uncertainty are usually wrongly used as synonyms regardless of their various meanings. the second one point is the right kind exam and incorporation of uncertainty right into a financial coverage framework.

Money, Markets, and Democracy: Politically Skewed Financial Markets and How to Fix Them

This e-book deals a accomplished research of the ways in which politics and fiscal markets impression each other. during this courting, politics is the final word controlling strength. the categories and costs of economic tools that get traded and the participants and associations that get to alternate them, let alone the foundations less than which every body trades, are all issues decisively stimulated by means of an array of political variables - occasionally for the higher, yet all too frequently for the more severe.

Extra info for Corporate Germany between Globalization and Regional Place Dependence: Business Restructuring in the Ruhr Area

Example text

On the one hand, institutions stabilize and constrain individual action (the regulatory dimension of institutions). Or as Hamilton puts it (1932: 86) established routines, conventions and specific ways of doing things ‘may stand in the way of the performance of new duties’. This means that reduction and filtering of information may lead at a certain point to rigidity and inflexibility. What I have in mind here is what is called ‘lock-in’ and path dependence in evolutionary economics (see David, 1985; Langlois, 1988; Nelson, 1994).

It is important to recognize the difference between power resources and power, the former being media through which power is exercised by knowledgeable agents in the course of interaction (Giddens, 1984). Power is derived from these resources which have to be mobilized in the moment in which power is exercised. Normally, capital (including money, material and technology) and authority are regarded as the main sources of power (Giddens, 1984; M. Taylor, 1996). 2 The different faces and dimensions of power Power over Episodic agency concept power as opportunity to impose one’s own will on others ● concrete decisions and observable open conflicts ● collective interests = individual interests The second face of power: control and nondecisions ● power as possibility/capacity to do or not to do something ● control over social situations and actors ● covert conflicts ● prevention of certain activities or decisions ● collective interests { individual interests Networked conception of power ● power as positive sum game ● capacity of certain groups to mobilize power resources as means for certain aims ● capacity to reduce systemic complexity ● group empowerment Decentered conception of power ● disciplinary power as all-encompassing mechanism ● power moving through the hands of the powerful and powerless ● power without sovereign subject ● Power to Collective Discursive Sources: After Allen (1997), Clegg (1989), Giddens (1984), Imbusch (1998).

Coercion does not stop at the fact that the potential worker must sign on with an employer, but includes submission 36 Corporate Germany to the authority of the employer once a contract is signed (Block, 1990; Harvey, 1982). Power asymmetries stem from an agent’s social position within a firm hierarchy. Importantly, however, labour is not without power itself and both sides may have an interest in collaborative relations. As Harvey (1982: 35) argued ‘the relation between capital and labour is both symbiotic and contradictory’.

Download PDF sample

Rated 4.38 of 5 – based on 22 votes