2014/01/01 by Eduardo Rivera Vicencio · 1 citation
Economics, Econometrics and Finance · Social Sciences · #Biopower #Corporate governance #Corruption and Economic Development #Economic Theory and Institutions #Economic rent #Economics #Elite Sociology and Global Capitalism #Government (linguistics) #Governmentality #Homo economicus #Law #Law and economics #Management #Market economy #Michel foucault #Misappropriation #Neoclassical economics #Political science #Politics #Positive economics #Power (physics) #Sociology
paper · doi:10.1504/ijea.2014.067421
openalex publication_date 2014/01/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/15
The fundamental base of this paper is the work of Michel Foucault and specifically during the period 1978–1979 at the Collège de France ( The Birth of Biopolitics ). The paper describes the relationship of power in institutional firms from the point of view of archaeological and genealogical methods, such as discourse, discipline, ethics and governmentality. Through this description, the characteristics of a new form of government – corporate governmentality – are determined and how they in turn shape the current homo economicus , the subject of law and economics in firms. At the same time, the paper describes how there has been a misappropriation of rents over time, how it is shaping a block of countries to appropriate the rents of others through large firms, and how these large corporations are imposing their objectives on states and international organisations, generating government corporations globally or what is described in this paper, as the characteristics of corporate governmentality.