Presented By: Interdisciplinary Committee on Organizational Studies - ICOS
Big Business and Political Power: The Benefits of Fragmentation
Professor Mark Mizruchi University of Michigan- Dept. of Sociology, Organizational Studies and Management & Organizations
Abstract:
It is broadly accepted among political scientists, political sociologists, and social movement theorists that a unified group will have a higher probability of success than a group that experiences internal divisions or fragmentation. Similarly, it has been assumed that in a society with a relatively unified elite, the elite will experience disproportionately high benefits relative to the larger population. I take issue with this claim. In the mid-twentieth century, large American corporations exhibited a relatively high level of unity but the relative economic benefits accruing to the elite were at historic lows. In more recent years, American big business has become increasingly fragmented, yet the economic benefits that these elites have received have reached historic highs, and the average American’s standard of living has stagnated. Drawing on Padgett and Ansell, I introduce the concept of inadvertent robust action to explain how a relatively fragmented, disorganized elite can reap benefits that exceed those that its more unified counterparts experienced in an earlier era.
It is broadly accepted among political scientists, political sociologists, and social movement theorists that a unified group will have a higher probability of success than a group that experiences internal divisions or fragmentation. Similarly, it has been assumed that in a society with a relatively unified elite, the elite will experience disproportionately high benefits relative to the larger population. I take issue with this claim. In the mid-twentieth century, large American corporations exhibited a relatively high level of unity but the relative economic benefits accruing to the elite were at historic lows. In more recent years, American big business has become increasingly fragmented, yet the economic benefits that these elites have received have reached historic highs, and the average American’s standard of living has stagnated. Drawing on Padgett and Ansell, I introduce the concept of inadvertent robust action to explain how a relatively fragmented, disorganized elite can reap benefits that exceed those that its more unified counterparts experienced in an earlier era.
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