Corporate power and US economic and environmental policy, 1978--2008

Harland Prechel

Cambridge Journal of Regions, Economy and Society, 2012, vol. 5, issue 3, 357-375

Abstract: The analysis here critically evaluates the 'new corporate environmentalism' and elaborates a relational theory of the state to explain policy formation in the US electrical energy industry. There are several findings. Firstly, corporations mobilize politically to advance their economic agendas and weaken environmental policy. Secondly, after state structures are created to enforce public policy, they provide the socio-political legitimacy for corporations to further advance their economic interests. Thirdly, in contrast to neoliberal claims, corporate--state relations during the era of re-regulation resulted in higher energy cost for consumers in several regions. Copyright 2012, Oxford University Press.

Date: 2012
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Cambridge Journal of Regions, Economy and Society is currently edited by Judith Clifton, Anna Davies, Betsy Donald, Emil Evenhuis, Stefania Fiorentino (Associate Editor), Harry Garretsen, Meric Gertler, Amy Glasmeier, Mia Gray, Robert Hassink, Dieter Kogler, Michael Kitson, Linda Lobao, Charles van Marrewijk, Ron Martin, Peter Sunley, Peter Tyler and Chun Yang

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