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Capital and the State in Canada: Critical Questions in Carroll's Finance Capitalists

Studies in Political Economy

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Title Capital and the State in Canada: Critical Questions in Carroll's Finance Capitalists
 
Creator Stevenson, Paul
 
Subject

 
Description I read with interest William Carroll's "The Canadian Corporate Elite: Financiers or Finance Capitalists?" in SPE 8. My impressions of this work and of the evidence and arguments contained in it are as follows. First, I believe that Carroll offers a useful counterweight to the left-wing nationalist position which sees Canada's economy and state as being dominated by American multinationals. Indeed, Carroll's data suggest that even the more moderate position of Wallace Clement, who tends to see Canadian capital as a kind of junior partner within the American-dominated continental corporate capital structure, is in need of some reformulation. I Second, I believe, however, that Carroll goes too far beyond his data in concluding that the indigenous corporate elite in Canada has become the dominant fraction of capital in the country and that state actions accurately reflect this shift.
 
Publisher Studies in Political Economy
 
Contributor
 
Date 2010-05-25
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion


 
Format application/pdf
 
Identifier http://spe.library.utoronto.ca/index.php/spe/article/view/13317
 
Source Studies in Political Economy; Vol 12 (1983): Issue #12
1918-7033
0707-8552
 
Language eng
 
Relation http://spe.library.utoronto.ca/index.php/spe/article/view/13317/10201
 
Coverage