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Published in: Society 1/2021

11-04-2021 | Featured article and Forum

Can We Still Re-encapsulate Capitalism?

Author: Gerald F. Davis

Published in: Society | Issue 1/2021

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Abstract

American capitalism is undergoing another of its periodic crises in which under-regulated businesses engage in widespread wrongdoing and delegitimate the broader system, according to Amitai Etzioni. This response seeks to uncover some of the roots of the current corporate crime wave in the distinctive terroir of American shareholder capitalism. It suggests that new information technologies require rethinking the most efficacious way to rein in corporate misbehavior. This will turn out to be rather different from 20th century regulation.

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Literature
go back to reference Amable, Bruno. 2003. The Diversity of Modern Capitalism. New York: Oxford University Press.CrossRef Amable, Bruno. 2003. The Diversity of Modern Capitalism. New York: Oxford University Press.CrossRef
go back to reference Davis, Gerald F. 2012. “Politics and financial markets.” In Karin Knorr Cetina and Alex Preda (eds.), Handbook of the Sociology of Finance: 33-51. Oxford: Oxford University Press. Davis, Gerald F. 2012. “Politics and financial markets.” In Karin Knorr Cetina and Alex Preda (eds.), Handbook of the Sociology of Finance: 33-51. Oxford: Oxford University Press.
go back to reference Davis, Gerald F. 2020. “Corporate purpose needs democracy.” Forthcoming, Journal of Management Studies.CrossRef Davis, Gerald F. 2020. “Corporate purpose needs democracy.” Forthcoming, Journal of Management Studies.CrossRef
go back to reference Davis, Gerald F. and Aseem Sinha. 2021. “Varieties of Uberization: How technology and institutions change the organization(s) of late capitalism.” Forthcoming, Organization Theory. Davis, Gerald F. and Aseem Sinha. 2021. “Varieties of Uberization: How technology and institutions change the organization(s) of late capitalism.” Forthcoming, Organization Theory.
go back to reference Hall, Peter A. & David W. Soskice. 2001. Varieties of Capitalism: The Institutional Foundations of Comparative Advantage. Oxford: Oxford University Press.CrossRef Hall, Peter A. & David W. Soskice. 2001. Varieties of Capitalism: The Institutional Foundations of Comparative Advantage. Oxford: Oxford University Press.CrossRef
Metadata
Title
Can We Still Re-encapsulate Capitalism?
Author
Gerald F. Davis
Publication date
11-04-2021
Publisher
Springer US
Published in
Society / Issue 1/2021
Print ISSN: 0147-2011
Electronic ISSN: 1936-4725
DOI
https://doi.org/10.1007/s12115-021-00566-y

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