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

2010-08-09

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]
http://appli6.hec.fr/amo/Articles/Entry/Item/142.sls

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