Baines, ‘Encumbered Behemoth: Wal-Mart, Differential Accumulation and International Retail Restructuring’

Abstract This chapter draws on, and develops, some aspects of the capital as power framework so as to provide the first clear quantitative explication of the company’s power trajectory to date. After rapid growth in the first four decades of its existence, the power of Wal-Mart appears to be flat-lining relative to dominant capital as […]

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Wal-Mart’s Power Trajectory: A Contribution to the Political Economy of the Firm

Wal-Mart’s Power Trajectory A Contribution to the Political Economy of the Firm JOSEPH BAINES March 2014 Abstract This article offers a power theory of value analysis of Wal-Mart’s contested expansion in the retail business. More specifically, it draws on, and develops, some aspects of the capital as power framework so as to provide the first […]

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