Jerry Davis is spending his year at CASBS writing a book on how to tame corporate power in the 21st century. Corporations draw on input markets -- capital, labor, and supplies -- and a rule-bound product market in which to sell their output. Progressive efforts to harness the corporation during the 20th century focused on each of these: antitrust for product and supply markets around the turn of the century; reforms for capital and labor markets during the New Deal. But the digital revolution has radically changed the operations of each of the markets, and thus old reforms don’t fit today’s corporations. This book will provide a systematic analysis of the nature of economic power in the digital age to locate the pressure points for intervention by policymakers and citizens.
Davis received his PhD from Stanford and taught at Northwestern and Columbia before moving to the University of Michigan, where he is a professor of management and sociology. His research is broadly concerned with the effects of finance on society, changes in the corporate economy, and new forms of organization, particularly whether there exist viable organizational alternatives to shareholder-owned corporations in the United States. Davis was a fellow at CASBS in 1997-98. His books include Social Movements and Organization Theory; Organizations and Organizing; Managed by the Markets (Cambridge University Press, 2005); and The Vanishing American Corporation (Berrett-Koehler, 2016). You can find out more at https://sites.google.com/a/umich.edu/jerrydavis/home