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The Other Side of the Coin: Conceptualizing the Relationship between Business and the State in the Age of Globalisation

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  • Bieling, Hans-Jürgen

Abstract

The concluding article to the special issue critically reflects on arguments and analysis presented in the preceding articles. It argues that globalisation, new forms of private authority and the increased power of transnational business have not generally weakened the state, but rather advanced a business-oriented transformation of statehood. To understand this transformation the article first provides a very short overview of the state-globalisation debate. Subsequently, it deals more explicitly with the state theoretical debate. In particular, it brings together neo-Marxist and post-Weberian conceptualisations in order to address both the social nature of the state and the particular forms and processes by which it is interactively embedded in the economy and society. After an outline of the transformation of statehood and the strategic options for non-state actors, the article concludes with some critical remarks on the future of democratic politics.

Suggested Citation

  • Bieling, Hans-Jürgen, 2007. "The Other Side of the Coin: Conceptualizing the Relationship between Business and the State in the Age of Globalisation," Business and Politics, Cambridge University Press, vol. 9(3), pages 1-20, December.
    • Handle: RePEc:cup:buspol:v:9:y:2007:i:03:p:1-20_00
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    Cited by:

    1. Cyrlene Claasen & Julia Roloff, 2012. "The Link Between Responsibility and Legitimacy: The Case of De Beers in Namibia," Journal of Business Ethics, Springer, vol. 107(3), pages 379-398, May.
    2. Mathias Koenig-Archibugi, 2011. "Global Governance," Chapters, in: Jonathan Michie (ed.), The Handbook of Globalisation, Second Edition, chapter 19, Edward Elgar Publishing.
    3. Vivien A. Schmidt, 2009. "Re-Envisioning the European Union: Identity, Democracy, Economy," Journal of Common Market Studies, Wiley Blackwell, vol. 47, pages 17-42, September.
    4. Vivien A. Schmidt, 2009. "Re‐Envisioning the European Union: Identity, Democracy, Economy," Journal of Common Market Studies, Wiley Blackwell, vol. 47(s1), pages 17-42, September.
    5. David Detomasi, 2015. "The Multinational Corporation as a Political Actor: ‘Varieties of Capitalism’ Revisited," Journal of Business Ethics, Springer, vol. 128(3), pages 685-700, May.

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