Nicolas asks, “What about Wal-Mart….?”

Nicolas asks:

How do you see business enterprises that have historically done much harm to people and the environment as fitting into your claims about enterprises? For example, sugar and cotton production on the backs of African slaves in the New World, or the fossil fuel industry and its accompanying environmental degradation and military interventions in the Mid-East, or Wal-Mart-style corporations and the extinction of small businesses, or sweatshop commodity production? Are these enterprises just incredibly misguided?

Thank you for the great question(s)! Let’s explore:

  1. All of the examples fit. Each of the institutions you mention was constituted as a collection of historical communities to take care of particular concerns, constituted itself in networks of commitments, and accumulated capital (power is a good synonym) of various sorts – financial, pragmatic, symbolic or political. Continue reading