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Canada’s Carbon-Capital Elite: A Tangled Web of Corporate Power
Author(s) -
William K. Carroll
Publication year - 2017
Publication title -
the canadian journal of sociology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.357
H-Index - 33
eISSN - 1710-1123
pISSN - 0318-6431
DOI - 10.29173/cjs28258
Subject(s) - elite , oligarchy , capital (architecture) , power (physics) , sociology , economics , democracy , financial capital , economic system , political economy , political science , market economy , law , politics , human capital , physics , archaeology , quantum mechanics , history
This article maps the organization of corporate power within Canada’s carbon-capital elite. It charts the elite’s accumulation base, its internal structure as a network of interlocking directorates and its ties to the financial sector and other segments of corporate capital – national and transnational. The analysis identifies a tightly-knit, local network of mid-sized carbon-capital firms linked into the broader power structure largely through mediating relations that involve the largest carbon-capital corporations. The architecture of corporate power resembles an entrenched oligarchy; however, both policy sociology and public sociology can contribute toward checking its power through effective regulation while facilitating discussion of energy democracy as a transformative alternative.

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