#  CES: Broken Contract: The Rise of the Networked Firm and the Transformation of 21st Century Capitalism 

 



####  calendar\_today Date and Time 

 **March 23, 2018** 

 02:15PM - 04:00PM EDT 

####  pin\_drop Location 

 **Adolphus Busch Hall, Hoffmann Room, 27 Kirkland Street, Cambridge, MA**  



 

 



 

 ***\*\* Please note: Those planning to attend events in this series should read the paper that will be posted on the CES website before the seminar.\*\****

 SPEAKER

 [Kathleen Thelen](https://ces.fas.harvard.edu/people/000089-kathleen-thelen)  
Ford Professor of Political Science, MIT and CES Faculty Associate & Seminar Chair, Harvard University

###  Contact: 

 Peter A. Hall[​​​​​​​  
​​​​​​​phall@fas.harvard.edu](mailto:phall@fas.harvard.edu)

###  About

 This paper identifies key trends in 21st century capitalism – financialization and fissurization– and shows how they have reshuffled power relations among firms, investors, labor, and consumers. It argues that these trends have promoted the emergence of a new alliance between firms and powerful investors behind a wholly new model of patient capital that is aimed not, as before, at steady growth and shared prosperity but instead at winner-take-all market strategies. The resulting new concentrations of corporate power are consolidated and rationalized under the banner of serving consumer interests. In this way, consumers are enlisted – either explicitly or, more often, implicitly – in a political alliance against labor.

##  Sponsors

- [Seminar on the State and Capitalism since 1800](https://ces.fas.harvard.edu/study-groups/seminar-on-the-state-and-capitalism-since-1800)



 

 



 

 See also:- [ Elsewhere at Harvard ](/events/elsewhere)
 
 

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