The silent takeover: global capitalism and the death of democracy[Reading report] by Aude Burel


The author was part of the “Alternative Management” third year program in HEC in 2010.

This analysis is a review of Noreena Hertz's book published in 2001, The Silent Takeover. The increasingly smaller margins of politics are the main subject of this essay. Noreena Hertz's core argument is that globalisation, and the growing power of major corporations, is rendering democratic governments impotent to influence key decisions that affect the lives of ordinary people. In surrendering to global capitalists, governments are themselves debasing democracy, making it useless for people to vote. Therefore, there is no other choice for powerless people than to become activist consumers: to use consumption as a political tool. This process is encouraged by the development of the Internet and new technologies, which give the ordinary citizen the power to convey information to the entire world in a second, creating new forms of opposition.

Quote article  Aude Burel, « The silent takeover: global capitalism and the death of democracy », 09 august 2010, Alternative Management Observatory (AMO), [Reading report]

In the same section

The Crisis, by Michel Aglietta

[Reading report]

[Reading report] : Adeline Wattiau

The global financial crisis had an on impact all industrialized countries, caused the bankruptcy of several big banks and all economies are now threatened with recession. What events led to such a situation? What are the possible answers in the short and in the long-term for facing this crisis?

>>Read more

The economics of climate change; two economists view - de Roger Guesnerie and Nicholas Stern

[Reading report]

[Reading report] : Emmanuelle Rica

This book is the summary of debates that occurred between Roger Guesnerie and Nicholas Stern. It was published a few months before the release in fall 2013 of the IPCC report on Climate Change science. This book is focused on the economics of climate change and offers a useful recap of what...

>>Read more

Is Official Development Aid Designed to Fullfill the Poors' Needs?


[Essay] : Guillaume Angué

Since 1945 and the independence of old colonies, rich countries have attempted to help the poorest countries to develop. At first this Development Aid was aimed towards economic growth, and then towards the reduction of inequalities, social progress, and now towards sustainable development. Whereas...

>>Read more

The Divine Market “Free-market cultural revolution” - by Dany R. Dufour

[Reading report]

[Reading report] : Gaëtan Irrmann

The idea of a ‘divine market' is rooted in Jansenist and Calvinist theologies and is symbolized by Adam Smith's « invisible hand ». It states that the satisfaction of self-interest is necessary in order to achieve general interest. By dint of turning human weaknesses into public virtue,...

>>Read more

The ruling interest

[Reading report]

[Reading report] : Alice de Rochechouart

Using Baruch Spinoza’s philosophy, Frédéric Lordon studies current political and economical society’s foundations. He creates a new paradigm that enables him to analyze the matters of interest in modern societies.

>>Read more

With the same doctype

Reading report

Translucent society – taking to an... Translucent society focuses mostly on... by Badis Boussouar
The Religion of Capital - by Paul... This reading guide reveals how Paul... by Adrien Couret
Slow Food, collected thoughts on taste,... In this book, Carlo Petrini presents... by Audrey Boulkaid
Organic agriculture, from doing... The study of the book Organic... by Marine d'Allancé
Explaining culture: A naturalistic... “Where do our ideas come from?” Why... by Laura Callegari
Freefall - by Joseph E. Stiglitz The Great Recession has impacted more... by Nicolas Trimoulet
All Men Are Brothers - by Gandhi Westerners may certainly have heard... by Maëlle Gasc
Barefooted Bankers - by Jean-Michel... Jean-Michel Servet aims at presenting a... by Céline Lévy
Undocumented immigrants: a fatal... Migration policies and mobility control... by Camille Lacroix
The Empathic Civilization - by Jeremy... Humanity is entering a pivotal moment... by Roman Baudin