chapter  4
20 Pages

A Transnational Corporate Social Structure of Accumulation?

According to leading social structure of accumulation (SSA) scholars, the corporation is a critical institution in the accumulation and growth process.1 As the late David Gordon said, for instance, when examining the SSA role of agents and motors of accumulation: “A relatively stable internal corporate structure is…necessary in order to permit capitalist decision-making [And s]ome moderation of competition is necessary to prevent the kind of economic instability which would undermine accumulation” (Gordon 1980:13).2