Term
| Fuchs 2007/Fuchs and Lederer |
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Definition
| Broad Assessment of Different Theories, Buisness has a multitutde of ways to inflence (Instrumental, Discursive, Structural) |
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| The IR world is not anarchistic but yet governed by a global hierarchy and global governane, non-state actors hold power |
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| Two-level games, win sets at domestic and international level, must achieve both to stay in power |
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| Financial Institutions are not just policy takers, they are policy makers and extremely involved in the domestic side Basal 2 |
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| International Standards are proliferating, they are preferable because they are a means of compromise and self-gov. regulated by ngos and states |
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| Non-state authority is growing via self-regulation, governance outside government, use of ngos, gov't power is declining Private Global Business Regulation |
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| well-integrated global corporate elite has formed, and that global policy groups have contributed to its formation. this group has more power because of its diverse inflence |
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| Issues with the introduction of GMO food, 3 types of biz conflict, lead/lag, nat/int, product chain. opposed by gov't/ngo/conflict as a result is not able to become as widespread |
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| Transnational elites exist but have not lost national identity, in order to stop the decline of world soc (by rent-seeking tnc) we must regulate in a global manner form the states (not washignton-based) |
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| World is moving in a neo-liberal direction, but in a staggered manner, not totally as some say. Varied neo-liberalism is prevalent but not overwhelming |
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| Falkner, Business and Global Climate Governance |
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Definition
| neo-pluralist, buisness conflict in environmental governance. greater corporate involvement, to self-regulate but also to lobby to lesser regulations, limited by biz conflict and ngos, but still a powerful influence |
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Term
| Fuchs, Structural Power olf and new facets |
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Definition
| structural power via agenda setting, tncs have mobile capital and can thus exert structural power, decreasing tax rate is a sign, instrumental power is the way to change this |
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Definition
| Relation of corporate tax rates to economic status, lower in a recession. Shows structural power of biz |
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| Walter, Do they really rule the world? |
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| Buisness Conflict, data shows that FDI hasnt liberalized regimes as we thought, biz are in conflict which give pwr back to states more states than biz, |
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| Biz conflict, from the 3 styles of conflict buisness lobby is not uniform as we generally assume, to handle gmo food issue many different oppinions had to be sated between TNCs and other biz |
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| Friedman, Electronic Herd |
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Definition
| Global Bizness is Electronic Herd, with Short Term Capital investors and long term. Short term constantly switch between countries long term are mobile too. |
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| Falkner Private Environmental Governance |
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Definition
| Industry standards become essentially law, must be followed by everyone. NGOs act as counterveiling force, pro-civil society anti-govt authority (to a degree) |
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| Suplementary financiers have influenced IMF, want to open new markets support own markets and thus lobby IMF, get money back almost always, way of exerting structural power |
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| Lobbying within the US and its effect on the IMF, Reps with more proglobalization workers (skilled) and more contributions from TNCs are more likely to support increasing the IMF budget. Shows two level games/instrumental lobbying |
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| Basal Subcomittee on Banking Regulations experienced regulatory capture. (when regulations are turned to much over to the buisness) this caused the financial crisis. |
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| Yes there are some signs of reg caputre in the Basal Subcomitee, but they are NOT a sign of reg capture. There was much debate and many of the banks regulations were denied. There were other reasons to explain the neo-liberal banking regulations and regulatory caputre is a very extreme definintion. |
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| NGOs vs Buisness. TRIPS (international standard on pharma copyright) vs the aids campaign to cheapen the cost of aids medication. The structural power of the international standard was overeached by the discursive power of the aids campaign/public will. way ideas are framed is very important |
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| Biz conflict between R&D Pharma Firms and Generic Pharma Firms. innovators vs imitators biz conflict R&D loses ground as generics gain and thus there is less impetus for development, result has been R&D firms diversifying into generics and employing their patents as long as possible |
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| TRIPS effect on digital copyrights, where the RIAA lobbying had been effective before they lost to grassroots lobbying effort, "Fair Use" CreativeCommons because of the CreativeCommons ability to quickly create and employ public will aka discursive power |
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| Problems with Self-regulation, Issues with chemical regulation, Responsible Care Program was not strict enough and thus allowed those who were laggards to bring it down. Best Practices vs shirking the standards, laggards can cause the entire self-reg to fail |
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| Kimberly Diamond self-regulation because of the NGO campaign against blood diamonds. DeBeers (was a monopoly) was forced to reliquish its monopoly and also the nature of diamonds funding war was exposed. The kimberly process established to self-regulate diamond purchases. has been VERY SUCCESSFUL |
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