The Shaping of Quebec’s Economic Elites Through the Financialization of Companies
The article describes the structuring characteristics of the phenomenon of the financialization of firms and seeks to show how this regime of accumulation contributes to the transformation of economic elites. The present study of the social networks of Quebec firms and organizations has made it possible to compare the economic elite and the financial elite, the former being linked to the process of capitalist accumulation in general and the latter to the dynamics of financialization in particular. The results showed that the financial elite, in terms of its individual and professional profile and the power it wields, was better able than the economic elite to maximize its interests, profit from the 2008 financial crisis and consolidate its ties in the network.