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Full Description
This book advances an original conception of the relationship between state and corporate power in the United States. Using what he terms an Institutional Marxist framework, Maher argues that, far from passively responding to interest group pressures, the state has been a key agent in politically mobilizing business, and has played an active role in the organization of lobbying groups. Such business associations do not merely express the pre-existing interests of their corporate members, but are also mechanisms through which the state organizes the political power of the capitalist class. They form part of what the author refers to as an integral state—a wider network of state power which traverses and interpenetrates the state bureaucracy, the legislature, the industrial policy apparatus, and corporate governance. Based on extensive archival research, this book tracks the role of the General Electric Company as a pillar of the integral state in the United States from the finance capital period (1880 to 1930), through the managerial period (1930-1979), to the restructuring leading up to the age of neoliberalism (1979-present).
Contents
Chapter 1: The Making of the Integral State.- Chapter 2: The Making of General Electric in the Era of Finance Capital.- Chapter 3: The Formation of the State-Capital Complex.- Chapter 4: The Golden Age of Managerialism and the State Industrial Policy System.- Chapter 5: from Class Interest to National Interest: General Election and the Making of an Informal Empire.- Chapter 6: The Financialization and Internationalization of General Electric.- Chapter 7: The Business Roundtable and the End of Managerialism.- Chapter 8: From Capital Controls to Free Trade: The Making of the Internationalized Neoliberal State.- Chapter 9: General Electric, Financialization, and the Neoliberal Integral State.
