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Corporate power and social policy in a global economyBritish welfare under the influence$
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Kevin Farnsworth

Print publication date: 2004

Print ISBN-13: 9781861344748

Published to Policy Press Scholarship Online: March 2012

DOI: 10.1332/policypress/9781861344748.001.0001

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Conclusion: corporate power and social policy in global context

Conclusion: corporate power and social policy in global context

(p.175) Eight Conclusion: corporate power and social policy in global context
Corporate power and social policy in a global economy

Kevin Farnsworth

Policy Press

This book has set out to investigate the importance of business to contemporary developments in social policy. This chapter presents the key developments of forms of influence, with a discussion of their implications for present and future social policy. First, globalisation has increased corporate structural power and this, in turn, has had an impact on the capacity of the UK to formulate and deliver social policy. Second, globalisation has also increased both the capacity and reasons for business to organise internationally. Third, nationally organised business has become increasingly important to the shaping of social policy debate and delivery. Fourth, local business organisations and individual firms play an increasingly important role in the delivery of social provision. And last of all, business interest in and views on social policy are variable.

Keywords:   social provision, social policy, business organisations, globalisation, corporate structural power, business interest

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