Levers of Power by Michael Schwartz, Tarun Banerjee, Kevin A.... - 9781788730969

Levers of PowerHow the 1% Rules and What the 99% Can Do About It\nAuthor(s): Michael Schwartz, Tarun Banerjee, Kevin A. Young\nFormat: Paperback\nPublisher: Verso Books, United Kingdom\nImprint: Verso Books\nISBN-13: 9781788730969, 978-1788730969\nSynopsis\nIt's no secret that the 1%-the business elite that commands the largest corporations and the connected network of public and private institutions-exercise enormous control over the US government. While this control is usually attributed to campaign donations and lobbying, Levers of Power argues that corporate power derives from control over the economic resources on which daily life depends. Government officials must constantly strive to keep capitalists happy, lest they go on \""capital strike\""-that is, refuse to invest in particular industries or locations, or move their holdings to other countries-and therefore impose material hardship on specific groups or the economy as a whole. For this reason, even politicians who are not d.