State-Corporate Crime in a Globalized Political-Economy

Raymond J. Michalowski, Northern Arizona University

ABSTRACT
The driving engine behind the political-economic transformations typically that, taken together, have come to be termed "globalization," has been a dramatic expansion in the transborder power of capitalist corporations that were once based in the nations of the North. This expansion has been facilitated by compliant states in both the North and the South, with the former seeking to enrich their economic base through repartriated profits, while the latter, desperate for foreign investments struggle to create climates "hospitable" to business. These conditions have resulted in state-initiated and state-facilitated forms of corporate harm that exceed even the great destruction of environments, peoples, and cultures resulting from the 19th century era of globalization--the era of "colonization." This paper explores the how the intersection of the corporate need to expand areas of operation, the desire of powerful states to promote corporate insertion into less powerful states, and the growing necessity among poorer nations to accept the political-economic terms trade offered by the North, have produced grave potential for sharp rises in state-corporate crimes worldwide.

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Updated 05/20/2006