Paris School of Economics
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Corporate Capture and the Environmental Emergency
Workshop
Presentation
Forty years ago, the “neoliberal revolution” spread across the world in waves of privatization, deregulation and tax reduction. The promise was that free market competition would unleash entrepreneurship, bring prosperity and freedom to humankind.
The world has seen an unprecedented growth in material well-being. However, big corporations dominate Today’s world economy. Inequalities are rising bringing back poverty in developed countries. And humanity is facing an existential threat due to manmade climate change and the pollution of air, soils and oceans, witnessing of a disastrous allocation inefficiency.
At the same time, the rising power of unaccountable big corporations and international financial groups is raising concerns around the world. Through campaign funding, lobbying, revolving doors, media control and think tanks, a wealthy corporate and financial elite is having an unprecedented influence on the processes that shape regulations, laws and institutions as well as governmental policies.
Green transition, from CO2 reduction to sustainable agriculture, forestry and water management run against the business interests of most powerful corporations and financial groups.
This workshop aims at taking stock of corporate capture in the context of today’s capitalism with a special focus on its impact on environmental policies.
Organizers: Mireille Chiroleu-Assouline (PSE, Université Paris 1 Panthéon-Sorbonne) and Ariane Lambert-Mogiliansky (PSE)
Program
8.30-9.00 – Registration
9.00 – Introduction by Mireille Chiroleu-Assouline (PSE, Université Paris 1 Panthéon-Sorbonne) and Ariane Lambert-Mogiliansky (PSE)
Part 1: The rise of corporate power
Neoliberal policies and corporate capture
- 9.15-10.00 – Neoliberalism and corporate power, Terry Hataway (University of York)
- 10.00-10.45 – Antitrust policy revisited in the 80ies, Francisco Beneke (Max Plank Institute for Innovation and Competition)
Coffee break
- 11.15-12.00 – Financial deregulation, Thierry Philiponnat (Finance Watch)
- 12.00-12.45 – Democratic liberalization in LDC and Elections capture, Jean-Philippe Platteau (Université de Namur)
12.45-14.15 – Lunch
Mechanisms of corporate capture
- 14.15-15.00 – Justice for Sale: Pro-business arbitration with ISDS, Ariane Lambert-Mogiliansky (PSE, École des Ponts ParisTech)
- 15.00-15.45 – Science for Sale: Triumph of Doubt, David Michaels (George Washington University School of Public Health)
Coffee break
- 16.15-16.45 – Concentration and Crisis: exploring the root of vulnerability of the food industry, Jennifer Clapp (University of Waterloo)
- 16.45-17.30 – The Big Myth: Free Markets and Merchants of doubts, Naomi Oreskes (Harvard University)
19.30-21.30 – Social dinner
Part 2: Big Corporations vs Climate and Environmental action
- 9.00-9.45 – Politics, Agency Independence, and the Climate Urgency, Thomas Lambert (Rotterdam School of Management, Erasmus University)
- 9-45-10-30 – Lobbying through science, David Demortain (LISIS, INRAE)
Coffee break
- 11.00-11.45 – The social and political influence of the Fossil fuel industry, Daniel Nyberg (The University of Queensland)
- 11.45-12.30 – The Commercial Determinants of Health, Melissa Mialon (Institut national de la santé et de la recherche médicale, Ecole des Hautes Etudes en Santé Publique)
- 12.30-13.15 – Regulation of substance of high concerns, Jessica Coria (University of Gothenburg)
13.15-14.45 – Lunch
14.45-16.15 – Round table: Can Green Capitalism respond to the Environmental Emergency?
- Nathalie Blanc (director of research at the CNRS, director of the Earth Politics Center, member of the laboratory LADYSS UMR 7533 and of the Université Paris Cité)
- Thierry Philipponnat (Finance Watch)
- Marc Fleurbaey (PSE, CNRS)
- Yamina Saheb (researcher at OFCE and lecturer at PSIA (Sciences Po), author of IPCC Report 6, member of OpenExp and of the Université de Lausanne)
- Gabriel Zucman (PSE, ENS-PSL, director of the EU Tax Observatory)
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Paris School of Economics