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• W2113581333 abstract "A sociology of business needs to work with sufficient detail to capture the actual (lived) differentiations within the world of business but state its findings at sufficient level of generality to have theoretical interest. Bob Connell's Ruling Class, Ruling Culture (RCRC) was a model of such an exercise. This paper takes RCRC as an initial exposition of the sociology of business in Australia and the position of business in the system of social and political power. The paper examines RCRC in terms of its approach to two perennial issues for a sociology of business: its blend of objective and subjective traditions of class analysis to create a meaningful narrative of class history and, secondly, its use of Gramscian concepts of hegemony to place the professional, media and 'middle class' into a Marxist framework of class conflict. The paper then considers Leslie Sklair's recent theorisation of the 'transnational capitalist class' and the extended account of Australian globalisation it contains. The paper suggests that Sklair's theory is a compatible extension of certain aspects of the theory of RCRC. The paper argues, however, that Sklair's account of the sociology of Australian business fails to adequately consider the findings of power structure research in Australia in the 1980s and 1990s. The paper looks at how this task is foreshadowed in RCRC and provides some suggestions for blending these empirical matters into a theoretical account of the sociology of Australian business in the last three decades. Introduction: Research and theory in the sociology of business The sociologist researching the business world is confronted with an excess of information. Stock exchange and corporate affairs requirements provide a constant flow of company reports and glossy prospectuses. Daily debate in government and policy institutions, the news and public affairs reports devote a significant proportion of their time and effort to economic issues and business activity. Even media and celebrity columns cover prominent business personalities and their doings. This constant scrutiny and discussion of business makes use of social groupings and subdivisions. Sometimes these subdivisions are institutionally defined industries or sectors (the 'mining industry', the 'banking sector' etc.) but sometimes they are perceived social divisions ('foreign investors', 'the big end of town', 'the corporate" @default.
• W2113581333 created "2016-06-24" @default.
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• W2113581333 date "2004-01-01" @default.
• W2113581333 modified "2023-09-25" @default.
• W2113581333 title "The Sociology of Australian Business 1970-2005: Blending Class Theory and Empirical Research" @default.
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