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Large companies are increasingly on trial. Over the last decade, many of the world’s biggest firms have been embroiled in legal disputes over corruption charges, financial fraud, environmental damage, taxation issues or sanction violations, ending in convictions or settlements of record-breaking fines, well above the billion-dollar mark. For critics of globalization, this turn towards corporate accountability is a welcome sea-change showing that multinational companies are no longer above the law. For legal experts, the trend is noteworthy because of the extraterritorial dimensions of law enforcement, as companies are increasingly held accountable for activities independent of their nationality or the place of the activities. Indeed, the global trend required understanding the evolution of corporate criminal law enforcement in the United States in particular, where authorities have skillfully expanded its effective jurisdiction beyond its territory. This paper traces the evolution of corporate prosecutions in the United States. Analyzing federal prosecution data, it then shows that foreign firms are more likely to pay a fine, which is on average 6,6 times larger.
Episodes of liberalization in autocracies: a new approach to quantitatively studying democratization
(2022)
This paper introduces a new approach to the quantitative study of democratization. Building on the comparative case-study and large-N literature, it outlines an episode approach that identifies the discrete beginning of a period of political liberalization, traces its progression, and classifies episodes as successful versus different types of failing outcomes, thus avoiding potentially fallacious assumptions of unit homogeneity. We provide a description and analysis of all 383 liberalization episodes from 1900 to 2019, offering new insights on democratic “waves”. We also demonstrate the value of this approach by showing that while several established covariates are valuable for predicting the ultimate outcomes, none explain the onset of a period of liberalization.
Although scholars hypothesized early on that social belonging is an important predictor for voting behavior, its role for populist voting remains empirically ambiguous and underexplored. This contribution investigates how different aspects of social belonging, that is, quality, quantity, and perception of one's own social relationships, relate to electoral abstention and to populist voting on the left and right. Employing multilevel regression models using data from four waves of the European Social Survey, this study finds that all measures of social belonging foster turnout, but they exert an incoherent influence on populist voting depending on the party's ideological leaning. While social belonging plays a subordinate role for left populist support, strong social belonging reduces the probability to support populist parties on the right. With that, the study analysis offers a nuanced view on how different dimensions of social belonging relate to electoral behavior. By doing so, this study sheds light on what aspects of social belonging encourage, or inhibit, which form of “protest at the ballot box.”
In this article, we propose to develop a realist interpretation of political progress—that is, an analysis of what it means to achieve better conditions of life in society under political power according to realist standards. Specifically, we are interested in identifying the criteria according to which political realism defines a change in the status quo as a desirable change...
The sixth sanction package of the European Union in the context of the aggression against Ukraine excludes Sberbank, the largest Russian bank, from the SWIFT network. The increasing use of SWIFT as a tool for sanctions stimulates the rollout of alternative payment information systems by the governments of Russia and China. This policy white paper informs about the alternatives at hand, as well as their advantages and disadvantages. Careful reflection about these issues is particularly important, given the call for an “Economic Article 5” tabled for the next NATO meeting. Finally, the white paper highlights the need for institutional reforms, if policymakers decide to return SWIFT to the status of a global public good after the war.
Cryovalues beyond high expectations: endurance and the construction of value in cord blood banking
(2022)
Cryopreservation attracts attention as a practice grounded in high expectations: current life is suspended for future use—to generate life, to save life, and to resurrect life. But what happens when high expectations in cryobanking give way to looming uselessness and the risk of failure? Based on ethnographic insights into the case of umbilical cord blood (CB) banking in Germany, this contribution investigates the liminal state of “non-failure.” Averting failure amid a lack of success in this field requires putting effort into the construction of value. The resulting practices and dynamics overflow generic stories of commercialization and instrumentalization of biological material and are best grasped as an expanded version of the recently coined notion of “cryovalue.” The long-term availability of cryopreserved CB facilitates the steady yield of social and economic capital beyond and after promise. Moreover, the value construction is reoriented from CB itself toward the socio-technical cryo-arrangements in which it is embedded. In exemplifying how it expands the understanding of the diversity of valuation and valorization practices, continuities, and economic endurance in cryoeconomies and bioeconomies, the paper advocates the study of their ambivalent and allegedly uneventful sites.