Oligarchs and Oligopolies : New Formations of Global Power

Current configurations of global, imperial, and state power relate to formations of oligarchic control.

A major feature of this is the command of political organizations and institutions by close-knit social groups (families or familial dynasties, groups of kin, closed associations, or tightly controlled interlinked networks of persons) for the purpose of the relatively exclusive control of economic resources and their distribution.

Moreover, the oppressive powers of state systems (e.g., the denial or constraining of human freedoms, the production of poverty and class inequalities) and the expansion of these in imperial form are a consequence of oligarchic forces.

The nation-state, as the essays in this forum, which involve several lines of analysis in different concrete locations (North America, Russia, West Africa, and Australia) show, is giving way to a political-economic formation that has multiple state-like effects and is able to act in ways systemic with deterritorializing global processes.