Jennifer Clapp

Political Economy of Food, Agriculture and Environment

Contextualizing corporate control in the agrifood and extractive sectors


Journal article


J. Clapp, Joseph Purugganan
Globalizations, 2020

Semantic Scholar DOI
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APA   Click to copy
Clapp, J., & Purugganan, J. (2020). Contextualizing corporate control in the agrifood and extractive sectors. Globalizations.


Chicago/Turabian   Click to copy
Clapp, J., and Joseph Purugganan. “Contextualizing Corporate Control in the Agrifood and Extractive Sectors.” Globalizations (2020).


MLA   Click to copy
Clapp, J., and Joseph Purugganan. “Contextualizing Corporate Control in the Agrifood and Extractive Sectors.” Globalizations, 2020.


BibTeX   Click to copy

@article{j2020a,
  title = {Contextualizing corporate control in the agrifood and extractive sectors},
  year = {2020},
  journal = {Globalizations},
  author = {Clapp, J. and Purugganan, Joseph}
}

Abstract

ABSTRACT Corporations have gained enormous power and influence in recent decades as mergers and acquisitions in just about every sector of the global economy have given rise to mega-sized companies that influence almost every aspect of our lives. In this contribution, we examine the rise of corporate concentration and control in two key sectors – agriculture and extractives – where in recent years consolidation has accelerated due to a combination of technological change, weakening state regulation and financial pressures, leaving these sectors largely controlled by just a handful of giant players. Corporate concentration and control in these sectors has important consequences, contributing to heightened inequality, environmental harm, and human rights violations. This paper reflects on the strategies of civil society and social movements in contesting extreme consolidation and corporate power. It calls for a multiscale approach that restores the regulatory powers of states and reestablishes people's sovereignty on a broader scale.