Foreign ownership and myths about Canadian development

Laxer, Gordon

doi:10.1111/j.1755-618x.1985.tb00083.x

Cited by 14 publications

(5 citation statements)

References 16 publications

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“…Staples economy theory, developed by Harold A. Innis, is a theory based on the Canadian experience as a new settler society with a vast resource base. The theory argues that the development of Canada's economy was strongly linked to its natural resources, driven by global demand for these resources, or rather, subject to the external pressures of global demand (ibid; Laxer, 1985). The pressures of external demand created a centre-periphery relationship, whereby the external forces represent the metropole or centre which determines the development of the periphery, in this case Canada's, economy.…”

Section: The Fisheries As Staples Industriesmentioning

confidence: 99%

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The Canadian Fisheries Industry: Retrospect and Prospect

Hoogensen

2007

CPSR

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Without question, Canadian domestic policy has had an influence on the development of the fisheries staple industry – from its National Policy to its subsidization of both fishers and, more recently its effort to conserve of fish stocks. In this respect Laxer is correct in allocating “blame” for the current dire status of the fisheries industry where it is, in part, due: on the Canadian government itself. However, it is also the case that trade liberalization, from the pressures exerted early on by the colonizing country of Britain, to the current dependency upon the US market for fish exports, has played an enormous role on the development, if not devastation of the industry. In this respect the Canadian government could have done much more in the way of first recognizing the severity of fish stock depletion as well as fostering a sustainable fisheries industry that met the needs of conservation and fisher communities

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Section: The Fisheries As Staples Industriesmentioning

confidence: 99%

“…There has always, therefore been a major, international, focus to staples theory (Laxer, 1985). So much so, that staples theory has sometimes been interpreted so as to take Canada "off the hook", so to speak, regarding its own responsibility for its economic development.…”

Section: The Fisheries As Staples Industriesmentioning

confidence: 99%

The Canadian Fisheries Industry: Retrospect and Prospect

Hoogensen

2007

CPSR

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“…In fact, ICTs are essential for the socio-economic development of any society. While it has been broadly acknowledged that no country can develop all the new technologies essential for the global informationbased economy, there is also the need to avoid technological dependence (Laxer 1985). Ghana's inability, therefore, to innovate and adapt ICTs to its development has further marginalised it, and makes it less competitive in the global economy.…”

Section: Icts and The Global Information-based Economymentioning

confidence: 99%

Information and Communication Technologies and Development in Ghana

Dzisah

2006

Science, Technology and Society

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“…The similarities between Canada and Australia are strong. They are two mid-sized capitalist democracies with common historical origins and a similar location in the world capitalist system (Ehrensaft and Armstrong, 1981;Laxer, 1985). They have much in common as capitalist middlepowers with shared historical legacies as white settler colonies affiliated with the British Commonwealth.…”

Section: Traces Of Power In Corporate Network: Canada and Australiamentioning

confidence: 99%

“…They have much in common as capitalist middlepowers with shared historical legacies as white settler colonies affiliated with the British Commonwealth. Both political economies are resource rich, and capitalist development has taken advantage of resource rents, export-oriented production and foreign sources of capital while limiting the growth of secondary manufacturing (Laxer, 1985). Some noteworthy differences include Australia's more diversified trade and investment relations compared with Canada's strong "continental" ties to the United States (which have further intensified under F T m A F T A ) and Canada's more influential domestic financial sector, whose major chartered banks, ranked among the world's largest financial institutions (Darroch, 1994), have maintained close relations with Canadian industrials throughout this century (Piedelue, 1976;Carroll, 1986).…”

Section: Traces Of Power In Corporate Network: Canada and Australiamentioning

confidence: 99%

Finance Capital and Capitalist Class Integration in the 1990s: Networks of Interlocking Directorships in Canada and Australia*

Carroll

Alexander

1999

Canadian Review of Sociology

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Cet article permet de connaître le fonctionnement des conseils d'administration interdépendants des 250 premières entreprises et réseaux associés du Canada et d'Australie dans les années 1990. Ces conseils reflètent les relations sociales d'une classe hégémonique et représentent des instruments d'accumulation du capital le long d'un axe financier et industriel intégre (capital financier). Au Canada, ces deux aspects du pouvoir corporatif sont extrêmement centralisés au sein d'une élite essentiellement nationale. Le réseau australien est plus lâche, mais comporte un noyau visible, bien que le secteur financier y occupe une place moins importante et que les intérêts étrangers, quoique non dominants, soient plus présents sur le plan structurel. Au Canada, la classe capitaliste possède toutes les caractéristiques propres au capital financier tandis qu'en Australie les mécanismes d'intégration de la classe capitaliste, dans le cadre de l'interdépendance des entreprises, sont moins évidents. Dans cet article, on démontre que des systèmes differents d'intégration des classes sont ancrés historiquement dans les deux pays, et les auteurs s'interrogent sur le rôle du capital financier national dans le contexte contemporain de la mondialisation du capital. This paper examines the top 250 corporations and associated networks of interlocking directorates in Canada and Australia in the 1990s. Interlocks are interpreted both as social relations of class hegemony and as vehicles in the accumulation of capital along an integrated financial‐industrial axis (finance capital). In Canada both these sides of corporate power are highly centralized within a predominantly national corporate elite. The Australian network is much sparser but still has a discernible core, although its financial sector has less presence at the core, and foreign interests while not dominant are somewhat more structurally prominent. The Canadian capitalist class exhibits all the characteristics suggested by finance capital; the mechanisms of capitalist class integration through corporate interlocking in Australia are weaker. We argue that different systems of class integration are historically embedded in the two countries, and speculate about the role of nationally organized finance capital in the contemporary globalization of capital.

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Foreign ownership and myths about Canadian development

Cited by 14 publications

References 16 publications

The Canadian Fisheries Industry: Retrospect and Prospect

The Canadian Fisheries Industry: Retrospect and Prospect

Information and Communication Technologies and Development in Ghana

Finance Capital and Capitalist Class Integration in the 1990s: Networks of Interlocking Directorships in Canada and Australia*

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