The Challenges of Global Business Authority: Democratic Renewal, Stalemate, or Decay? - Softcover

Porter, Tony

9781438431567: The Challenges of Global Business Authority: Democratic Renewal, Stalemate, or Decay?

Softcover

ISBN 10: 1438431562 ISBN 13: 9781438431567

Publisher: SUNY Press, 2011

An astute assessment of democratic principles and decision-making structures in the global business world.

Business is being globalized with an immense speed, but are democratic practices and decision-making structures keeping pace? Contrary to those who see democracy as irrelevant or impossible at the global level, The Challenges of Global Business Authority analyzes three dimensions of democracy- participation, accountability, and transparency-in many transnational mechanisms that seek to align global business interests with the public interest. Looking beyond these mechanisms, this volume seeks to explore the fundamental issues affecting the relationship between democracy and global business authority, such as the structural power of business itself, and the contestations over the boundary between public and private. The essays in this volume provide concrete ways that business can be made more publicly accountable to allow democratic practices to take on a more permanent role in the global business world.

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From the Back Cover:

Business is being globalized with an immense speed, but are democratic practices and decision-making structures keeping pace? Contrary to those who see democracy as irrelevant or impossible at the global level, The Challenges of Global Business Authority analyzes three dimensions of democracy--participation, accountability, and transparency--in many transnational mechanisms that seek to align global business interests with the public interest. Looking beyond these mechanisms, this volume seeks to explore the fundamental issues affecting the relationship between democracy and global business authority, such as the structural power of business itself, and the contestations over the boundary between public and private. The essays in this volume provide concrete ways that business can be made more publicly accountable to allow democratic practices to take on a more permanent role in the global business world.

About the Author:

Tony Porter is Professor of Political Science at McMaster University. He is the author of Globalization and Finance and Technology, Governance, and Political Conflict in International Industries, and the coeditor (with Claire Cutler and Virginia Haufler) of Private Authority and International Affairs, also published by SUNY Press. Karsten Ronit is Associate Professor of Political Science at the University of Copenhagen. He is the editor of Global Public Policy: Business and the Countervailing Powers of Civil Society and the coeditor (with Volker Schneider) of Private Organizations in Global Politics.

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