Planning "beside" and "beyond" the State: Multinational Corporations as Anthropological Institutions of Global Economic Law
Article from: TDM 6 (2020), in State-Controlled Entities
Abstract
The role of multinational corporations as market regulators, although commonly accepted among scholars, has rarely been assessed from a structural point of view. Corporations, as legal entities, exercise prerogatives, within the global market, that closely resemble, to some extent, those of states. Indeed, their legitimacy and inner hierarchy are founded over the same anthropological and sociological justifications that ensure the functioning of sovereign entities. One of these justifications is undoubtedly the functional approach to economic planning. Economic operators in corporate form ...