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UID:Indybay-18730004
SEQUENCE:18831377
CREATED:20130112T192700Z
DESCRIPTION:"The corporate structure and today's (as opposed to yesterday's) corporate 
 state" \n\nA talk by Steve Martinot \n \nTo think of the contemporary 
 capitalist economy as having been "financialized" is misleading. The rise 
 to absolute predominance over capitalist operations by the corporate 
 structure ("corporativization") has done more than that. It has divided the 
 economy into two separate sectors and markets -- a productive economy 
 composed of productive assets, workers, and commodity markets, and a 
 financial economy, composed of securities, deriviatives, and securities 
 markets. This division represents a radical separation (evolved, not 
 created) between ownership and production, with a commodification of 
 ownership. \n \nThe financial is the economy to which the government pays 
 attention (bailouts, corporate welfare, etc., with lip-service to people's 
 needs) because it dominates the productive economy. Financial operations 
 determine the value of assets in the productive economy (in and through its 
 speculative character). This structure engenders changes in political 
 economy (revealed by the latest crisis), and a dialectic between the 
 corporations and the state that goes beyond that examined by Lenin in 
 "Imperialism". \n \nWhat has emerged is a community of corporations and 
 government bodies, for which the traditional language of capitalist 
 critique loses relevance (e.g. the traditional notion of "capitalist class" 
 has little meaning under the commodification of ownership itself). The 
 essentials of political economy shift away from the human to a political 
 structure for which corporate entities are the constituency. Thus the locus 
 and focus of class struggle, which was different in the 1920s than mid-19th 
 century, and different after World War II in its anti-colonialism, has 
 shifted again through a global generalization of that anti-colonialism. \n 
 \nThis talk will seek to give insight into the political and class 
 ramifications of these recent differences, and its social machinery (its 
 relation to war, for instance). Three topics will be integrated into this 
 description of the political economy of corporations: the commodification 
 of both ownership and class, the racialization of policing, and the 
 juridicality of corporate personhood.\n\nGenerous Q&A following 
 lecture\n\n-------------------------------------------------------------------------\n\nFree 
 and open to the public\n 
 https://www.indybay.org/newsitems/2013/01/12/18730004.php
SUMMARY:The Corporate Structure and Today's (as opposed to yesterday's) Corporate State
LOCATION:Niebyl-Proctor Library\n6501 Telegraph Avenue \n(@ 65th St. & Telegraph, 
 just north of Telegraph & Alcatraz) \nOakland, CA\n
URL:https://www.indybay.org/newsitems/2013/01/12/18730004.php
DTSTART:20130113T183000Z
DTEND:20130113T203000Z
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