Institutional Sources of Business Power
Bibliographic Data
| ID | 6411245 |
|---|---|
| Authors | Marius R Busemeyer (0000-0003-4085-1689), Kathleen Thelen (0000-0003-4102-8504) |
| Year | 2020 |
| Volume | 72 |
| Issue | 3 |
| Pages | 448-480 |
| Publication date | 2020-07-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | World Politics (JOURNAL) |
| Journal identifiers | ISSN: 0043-8871 • E-ISSN: 1086-3338 |
| Publisher | Project MUSE (PUBLISHER • US) |
| DOI | 10.1017/s004388712000009x |
| OpenAlex | W3040333774 |
| Language | EN |
| Citations received | 47 |
| References cited | 60 |
Recent years have seen a revival of debates about the role of business and the sources of business power in postindustrial political economies. Scholarly accounts commonly distinguish between structural sources of business power, connected to its privileged position in capitalist economies, and instrumental sources, related to direct forms of lobbying by business actors. The authors argue that this distinction overlooks an important third source of business power, which they conceptualize as institutional business power. Institutional business power results when state actors delegate public functions to private business actors. Over time, through policy feedback and lock-in effects, institutional business power contributes to an asymmetrical dependence of the state on the continued commitment of private business actors. This article elaborates the theoretical argument behind this claim, providing empirical examples of growing institutional business power in education in Germany, Sweden, and the United States
Argument (complex analysis · Business · Business model · Delegate · Economic system · Economics · Market economy · New business development · Political economy · Political science · Politics · Power (physics · Private business · State (computer science · Law · Marketing · Political and Economic history of UK and US · Political Influence and Corporate Strategies · Social Policy and Reform Studies
Power resource theory revisited
Collective Skill Formation in a Knowledge Economy
New structural power theory in an age of financialisation
Conceptualizing Corporate Political Activity for Sustainability Governance—The CPA Cube
The Spatial Limits to Weaponizing Interdependence
Platforms, Politics, and Policy Change
Ideas and the changing relationship between states and markets in social policy
Boosting Fiscal–Occupational Welfare in Italy
Education and Training, Institutionalism and the Social Determinants of Health
Intervenir sans s’investir
Business as usual? How the pharmaceutical industry protected its long-term interests during and after eurozone bailouts (2011–2020)
Self‐enforcing path dependent trajectories? A comparison of the implementation of the EU energy packages in Germany and the Netherlands
The Vast and Unsolved Enigma of Power”
Unbundling authority
The political economy of cybersecurity
A tale of dualization
The political power of digital multinational companies in an era of geo-technological competition
Policy Design Below the Political Radar
Policy Design, Instrument Choice, and Policy Feedback Effects of Institutional Business Power
European long‐term care marketisation
Education as social policy
Sociopolitical reputation and the reform of pharmacies in Greece and Portugal
Bringing the developmental state back in
Coordinating monetary policy and macroprudential policy
How foes become allies
Fighting the Future
When the Business Sector Enters Party Politics
Universalism in flux – Welfare profit-makers’ views towards the institution of welfare universalism
Platform disempowerment
Discipline to flourish
The politics of Uber
The regulatory security state in Europe
Addressing Risk by Doing Good
Dualization and Social Policies
The politics of tech responsibility
The Development of Carbon Markets in Upper‐Middle‐Income Countries
Marketization in Public Purchasing as a Route to Business Corporations' Institutional Power
Shaping institutional change in skill formation
The (False) promise of solutionism
Not Hidden but Not Visible
Citizens and Business Corruption
Business power, right-wing populism, and noisy politics
Framing disruption
Politics of delegated governance
Arrangers and orchestrators
Rethinking de facto autonomy? A multi-policy area approach and the regulatory policy process
Institutional Business Power
Power and Powerlessness
Politics and markets
Bildungspolitik im Umbruch
The Submerged State
Power
The Politics of Venture Philanthropy in Charter School Policy and Advocacy
Structural power and political science in the post-crisis era
Politics in Time
Small States in World Markets
A Loud but Noisy Signal?
Varieties of Capitalism
An Introduction to Varieties of Capitalism
Business as a Pivotal Actor in the Politics of Training Reform
Making Markets in the Welfare State
Theories and Practices of Neocorporatism
Quiet Politics and Business Power
How Institutions Evolve
Policy Makes Mass Politics
The Democratic Class Struggle
Patterns of democracy
The Transition from Capitalism to Socialism
Power
Giving to government
Politics as organised combat – New players and new rules of the game in Sweden
Investing in education in Europe
The politics of profit in Swedish welfare services
Is S weden Being Torn Apart? Privatization and Old and New Patterns of W elfare S tate Support
Empowering the People
The Choice Revolution
The Expanding Role of Philanthropy in Education Politics
Regulating Uber
The three worlds of welfare capitalism
Power Resources and Employer-Centered Approaches in Explanations of Welfare States and Varieties of Capitalism
When Effect Becomes Cause
The Market as Prison
Disrupting Regulation, Regulating Disruption
School Vouchers and the New Politics of the Welfare State
Are We All Amazon Primed? Consumers and the Politics of Platform Power
The Development of Corporatism in Liberal Democracies
Political Science and the Study of Corporate Power
The politics of opting out
Resilient privatization
Two Faces of Power
Privatizing Risk without Privatizing the Welfare State
The Rise of the Platform Business Model and the Transformation of Twenty-First-Century Capitalism
Politics in the Interest of Capital
Structural Power and Bank Bailouts in the United Kingdom and the United States
Business Power and Social Policy
| Unique citing works | 47 |
|---|---|
| Citations per year | 9,4 |
| Citation span | 2021 - 2026 (6) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 47 |