Corporate Power, the State, and the Postcapitalist Future

Abstract

This article draws attention to the ways in which the State under late capitalism has been subject to capture by the increasingly concentrated, powerful, and predominantly financial, global corporates through such mechanisms as the 'revolving door, ' the privatization of state services, the funding of political parties at election time and the increasing links between finance and private and state security agencies. It goes on to put these issues into the context of the broader developments in late advanced capitalist societies, and especially in advanced technologies, which could subvert its very logic and assist the process of popular resistance to state capture in Africa and elsewhere.