Circuits of Capital and Transnational Corporate Spatial Behaviour: Nestlé in Southeast Asia

##plugins.themes.bootstrap3.article.main##

##plugins.themes.bootstrap3.article.sidebar##

Published Jan 15, 2021
Bill Bill Pritchard Robert Fagan

Abstract

The spatial behaviour of transnational corporations cannot be rendered as a monolithic 'whole'. Individual transnational corporations exercise a range of spatial strategies at varying scales. A key problem for economic sociology and human geography is how to represent the diversity that constitutes corporate spatial behaviour. Through the circuits of capital model, this article suggests that corporate spatial behaviour can be understood as manifested through circuits of capital production, realisation and reproduction. This approach is employed to help understand the spatial behaviour of Nestlé in Southeast Asia. This case illustrates the complex, and at times contradictory, interplay of strategies that can co-exist within the single corporation. The article concludes by presenting an agenda for future research, based around the need to more fully comprehend the linkages between Nestlé's legal-corporate existence in the region, and its production and sales strategies.

How to Cite

[1]
Bill Pritchard, B. and Fagan, R. 2021. Circuits of Capital and Transnational Corporate Spatial Behaviour: Nestlé in Southeast Asia . The International Journal of Sociology of Agriculture and Food. 8, (Jan. 2021), 3-20. DOI:https://doi.org/10.48416/ijsaf.v8i.348.
Abstract 67 | PDF Downloads 47

##plugins.themes.bootstrap3.article.details##

References
Allen, John and Doreen Massey. 1995. Geographical Worlds. Oxford: Oxford University Press.
Australia: Prices Surveillance Authority. 1994. Inquiry into the Instant Coffee Declaration. Canberra: Australian Government Publishing Service.
Bonanno, Alessandro, Douglas Constance and Mary Hendrickson. 1995. “Global Agro-Food Corporations and the State: The Feruzzi Case.” Rural Sociology 60(2):274-96.
Bryan, Richard. 1987. “The State and the Internationalisation of Capital: An Approach to Analysis.” Journal of Contemporary Asia 17(3):253-75.
––––. 1995. The Chase Across the Globe. Boulder: Westview Press.
Burbach, Roger and Patricia Flynn. 1980. Agribusiness in the Americas. New York: Monthly Review Press/North American Congress on Latin America.
Burch, David and Jasper Goss. 1999. “An End to Fordist Food? Economic Crisis and the Fast Food Sector in Southeast Asia.” Pp. 87-112 in Restructuring Global and Regional Agricultures: Transformations in Australasian Agri-Food Economies and Spaces, edited by David Burch, Jasper Goss and Geoffrey Lawrence. Aldershot: Ashgate.
Corbridge, Stewart and Nigel Thrift. 1994. “Money, Power and Space: Introduction and Overview.” Pp. 1-26 in Money, Power and Space, edited by Stewart Corbridge, Ron Martin and Nigel Thrift. Oxford: Basil Blackwell.
Dicken, Peter. 1998. Global Shift. London: Paul Chapman Publishing. Dicken, Peter, Jamie Peck and Adam Tickell. 1998. “Un-packing Globalization.” Pp. 158-66 in Geographies of Economies, edited by Roger Lee and Jane Wills. London: Edward
Arnold.
Dinham, Barbara and Colin Hines. 1983. Agribusiness in Africa. London: Earth Resources Research.
Fagan, Robert. 1990. “Elders IXL Ltd: Finance Capital and the Geography of Corporate Restructuring.” Environment and Planning A 22:647-666.
––––. 1998. “Local Food/Global Food: Globalisation and Local Restructuring.” Pp. 197-208 in Geographies of Economies, edited by Roger Lee and Jane Wills. London: Edward Arnold.
Fagan, Robert and Richard Le Heron. 1994. “Reinterpreting the Geography of Accumulation: The Global Shift and Local Restructuring.” Environment and Planning D: Society and Space 12:265-85.
Fagan, Robert and Pritchard, William. Forthcoming. “The Political Construction of Geographical Scale: Subic Bay Freeport, the Philippines.”
Fernandez, Francis. 1998. “Nestlé Forging an Improved Supply Chain.” Business Times (Malaysia) 12 May.
Goodman, David. 1997. “World-scale Processes and Agro-Food Systems: Critique and Research Needs.” Review of International Political Economy 4(4):663-87.
Goodman, David and Michael Watts. 1994. “Reconfiguring the Rural or Fording the Divide? Capitalist Restructuring and the Global Agro-food System” Journal of Peasant Studies 22(1):1-49.
Harvey, David. 1982. The Limits to Capital. Oxford: Basil Blackwell.
Heffernan, William and Douglas Constance. 1994. “Transnational Corporations and the Globalization of the Food System.” Pp. 29-51 in From Columbus to ConAgra: The Globalization of Food and Agriculture, edited by Alessandro Bonanno, Lawrence Busch, William Friedland, Lourdes Gouveia and Enzo Mingione. Lawrence: University Press of Kansas.
Hu, Y-S. 1992. “Global Firms are National Firms with International Operations.” California Management Review 34:107-26.
Instate Pty Limited. 1993. “Agribusiness and Processed Food Development in South East Asia.” Rural Industries Research and Development Corporation Research Paper Series 93(1).
Jakarta Post. 1998. “Nestlé’s Warehouse Center.” 12 May.
Kanitta, Pussadej. 1998. Personal communication, Bangkok, 21 April. (Mrs Kanitta is Executive Director, Thai Retailers’Association.)
Kelly, Phillip. 1997. “Globalization, Power and the Politics of Scale in The Philippines” Geoforum 28:151-71.
Leyshon, Andrew and Nigel Thrift. 1997. Money/Space: Geographies of Monetary Transformation. London: Routledge.
The Nation (Bangkok). 1998. “Six Projects Approved for Aico Scheme” Pp. B1-2, 9 May.
Ohmae, Kenichi. 1995. The End of the Nation State. London: Harper Collins.
Palloix, Christian. 1977. “The Self Expansion of Capital on a World Scale.” Review of Radical Political Economics 9:1-28.
Perrier, Raymond. 1998. “Brand Licensing.” Pp. 104-113 in Brands: The New Wealth Creators, edited by Susannah Hart and John Murphy. London: Macmillan Business.
Pritchard, William. 1995a. Uneven Globalisation: The Restructuring of Australian Dairy and Vegetable Processing Sectors. Ph.D. thesis submitted to the Department of Geography, the University of Sydney (unpublished).
Pritchard, Bill. 1995b. “Foreign Ownership in Australian Food Processing: The 1995 Sale of the Pacific Dunlop Food Division.” Journal of Australian Political Economy 36:26-47.
––––. 1999. “Switzerland’s Billabong: Brand Management in the Global Food System and Nestlé Australia.” Pp. 23-40 in Restructuring Global and Regional Agricultures: Transformations in Australasian Agri-Food Economies and Spaces, edited by David Burch, Jasper Goss and Geoff Lawrence. Aldershot: Ashbury.
Radice, Hugo. 1975. International Firms and Modern Imperialism. Harmondsworth: Penguin.
Rama, Ruth. 1992. Investing in Food. Paris: Organization for Economic Cooperation and Development.
Reich, Robert. 1991. The Work of Nations. New York: Alfred A. Knopf.
Ruigrok, Winfried and Rob Van Tulder. 1995. The Logic of International Restructuring. London: Routledge.
Rybczynski, Tad. 1988. “Financial Systems and Industrial Re-structuring.” National Westminster Bank Quarterly Review, November:1-11.
Thurow, Lester. 1996. The Future of Capitalism. New York: Allen and Unwin.
United Nations. 1993. World Economic Survey. New York:United Nations.
UNCTAD. 1994. World Investment Report: Transnational Corporations, Employment and the Workplace. New York: United Nations.
United States Tax Court. 1995. “Nestlé Holdings, Inc., on Behalf of Itself and Consolidated Subsidiaries, and as the Successor in Interest to Nestlé Enterprises, Inc. and Consolidated Subsidiaries (petitioner) v. Commissioner of Internal Revenue (respondent).” Docket No. 21562-90. T.C. Memo 1995-441; Tax Ct. Memo LEXIS 439;70 T.C.M. (CCH) 682.
Section
Articles