From Quiet to Noisy Politics: Transformations of Swiss Business Elites’ Power

Details

Serval ID
serval:BIB_B50FB3A01F37
Type
Article: article from journal or magazin.
Collection
Publications
Institution
Title
From Quiet to Noisy Politics: Transformations of Swiss Business Elites’ Power
Journal
Politics and Society
Author(s)
Mach André, David Thomas, Ginalski Stéphanie, Bühlmann Felix
ISSN
0032-3292 (print)
Publication state
Published
Issued date
2021
Peer-reviewed
Oui
Volume
49
Number
1
Pages
17–41
Language
english
Abstract
During most of the twentieth century, it was possible to consider Switzerland a coordinated market economy, characterized by dense interfirm networks and the strong role of business associations. Thanks to their cohesion and collective organization, in a context of quiet politics and informal institutions, business elites could largely self-regulate major socioeconomic issues in the shadow of politics. However, since the end of the twentieth century, Swiss business elites have undergone profound changes not only in their composition, but also in their
coordinating capacity, their growing political divisions, and their connections to politics. This growing sociological and political fragmentation, combined with changes
in the way of doing politics, through noisier and more formal politics, has weakened the instrumental power of Swiss business elites. To compensate for this loss of
direct influence, business elites of the largest Swiss companies have developed new political strategies, relying on their growing structural power in a context of global
and financial capitalism.
Create date
13/01/2021 14:42
Last modification date
10/11/2022 6:37
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