State Capitalism: How the Return of Statism Is Transforming the World
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
The Populist Backlash Against Europe : Why Only Alternative Economic and Social Policies Can Stop the Rise of Populism in Europe
This is a repository copy of The populist backlash against Europe : why only alternative economic and social policies can stop the rise of populism in Europe. White Rose Research Online URL for this paper: http://eprints.whiterose.ac.uk/142119/ Version: Accepted Version Book Section: Bugaric, B. (2020) The populist backlash against Europe : why only alternative economic and social policies can stop the rise of populism in Europe. In: Bignami, F., (ed.) EU Law in Populist Times : Crises and Prospects. Cambridge University Press , pp. 477-504. ISBN 9781108485081 https://doi.org/10.1017/9781108755641 © 2020 Francesca Bignami. This is an author-produced version of a chapter subsequently published in EU Law in Populist Times. Uploaded in accordance with the publisher's self-archiving policy. See: https://doi.org/10.1017/9781108755641. Reuse Items deposited in White Rose Research Online are protected by copyright, with all rights reserved unless indicated otherwise. They may be downloaded and/or printed for private study, or other acts as permitted by national copyright laws. The publisher or other rights holders may allow further reproduction and re-use of the full text version. This is indicated by the licence information on the White Rose Research Online record for the item. Takedown If you consider content in White Rose Research Online to be in breach of UK law, please notify us by emailing [email protected] including the URL of the record and the reason for the withdrawal request. [email protected] https://eprints.whiterose.ac.uk/ The Populist Backlash Against Europe: Why Only Alternative Economic and Social Policies Can Stop the Rise of Populism in Europe Bojan Bugarič1 I. -
The Challenge of Refurbished State Capitalism: Implications for the Global Political Economic Order
Schwerpunkt: Staatskapitalismus Christopher A. McNally The Challenge of Refurbished State Capitalism: Implications for the Global Political Economic Order Abstract Will the global financial crisis of 2008 represent a symbolic juncture in the geo-economics of globalization? There are differing views, with some arguing that the Washington Consensus is dead, while others holding that the fundaments of the neo-liberal global order remain intact. This article engages with this debate by putting three distinct questions analytically prior: First, is there a political economic model that actually stands in con- tradistinction to the Washington Consensus and the neo-liberal global order? Second, if there is a potential challenge to the neo-liberal order, what exactly is it? And third, if such a challenge exists, what precisely is its nature and logic as it interacts with the neo-liberal global order? This article argues that there is, indeed, a chal- lenger: refurbished forms of state capitalism. However, the nature and logic of the state capitalist challenge to the U.S.-centered neo-liberal system is fundamentally different from the Soviet challenge during the Cold War. Diverse formations of capitalism are co-dependent on the global level in the present era. Refurbished state capitalism is no exception. It represents an “in-system” challenge, since it does not attempt to actively under- mine and supplant the neo-liberal order, but rather to gain influence over it. New forms of refurbished state capitalisms are thus simultaneously in symbiosis and in rivalry with the neo-liberal global order. Key words: State capitalism, Neo-liberal Order, Washington Consensus, China, Economic Development 1. -
Philosophical Statism and the Illusions of Citizenship Reflections on the Neutral State
1 Philosophical Statism and the Illusions of Citizenship Reflections on the Neutral State Frank van Dun ∗ Is the welfare state neutral to personal morality? 1 In today's welfare states one can find numerous life-styles existing side by side. These indicate a wide scope for 'personal mo- ralities' 2, but do not prove that the welfare state is 'neutral' to them. Welfare states interfere in more or less onerous ways with the business of (private) life with police checks, administrative controls and a vast arsenal of regulatory, penal and/or fiscal regimes. Some of the regulations may be more or less reasonable attempts to minimise the risk of one person inflicting irreparable damage on others or their property, but a great many are not. It is not too difficult to see the hand of special (economic, ideological, even sectarian) interests in the bulk of the rules and regulations on the books. 3 The state's non-neutrality is often an unintended outcome, but not always. Officials introduce new regulations with proud declarations of their intention to enforce particular 'moral choices', to treat one thing as a 'merit good' and another as an evil. They also justify intrusive policies with blatantly paternalistic arguments—remember their promise, or was it threat, to take care of us "from the cradle to the grave"—, with self-congratulatory references to an unspecified 'responsibility of the government'. There is no more direct negation of the role of private mo- rality than the claim that one discharges one's own responsibility by depriving others of the opportunity to exercise theirs. -
Reconciling Statism with Freedom: Turkey's Kurdish Opening
Reconciling Statism with Freedom Turkey’s Kurdish Opening Halil M. Karaveli SILK ROAD PAPER October 2010 Reconciling Statism with Freedom Turkey’s Kurdish Opening Halil M. Karaveli © Central Asia-Caucasus Institute & Silk Road Studies Program – A Joint Transatlantic Research and Policy Center Johns Hopkins University-SAIS, 1619 Massachusetts Ave. NW, Washington, D.C. 20036 Institute for Security and Development Policy, V. Finnbodav. 2, Stockholm-Nacka 13130, Sweden www.silkroadstudies.org “Reconciling Statism with Freedom: Turkey’s Kurdish Opening” is a Silk Road Paper published by the Central Asia-Caucasus Institute and the Silk Road Studies Program. The Silk Road Papers Series is the Occasional Paper series of the Joint Center, and ad- dresses topical and timely subjects. The Joint Center is a transatlantic independent and non-profit research and policy center. It has offices in Washington and Stockholm and is affiliated with the Paul H. Nitze School of Advanced International Studies of Johns Hopkins University and the Stockholm-based Institute for Security and Development Policy. It is the first institution of its kind in Europe and North America, and is firmly established as a leading research and policy center, serving a large and diverse commu- nity of analysts, scholars, policy-watchers, business leaders, and journalists. The Joint Center is at the forefront of research on issues of conflict, security, and development in the region. Through its applied research, publications, research cooperation, public lec- tures, and seminars, it functions as a focal point for academic, policy, and public dis- cussion regarding the region. The opinions and conclusions expressed in this study are those of the authors only, and do not necessarily reflect those of the Joint Center or its sponsors. -
Unfree Labor, Capitalism and Contemporary Forms of Slavery
Unfree Labor, Capitalism and Contemporary Forms of Slavery Siobhán McGrath Graduate Faculty of Political and Social Science, New School University Economic Development & Global Governance and Independent Study: William Milberg Spring 2005 1. Introduction It is widely accepted that capitalism is characterized by “free” wage labor. But what is “free wage labor”? According to Marx a “free” laborer is “free in the double sense, that as a free man he can dispose of his labour power as his own commodity, and that on the other hand he has no other commodity for sale” – thus obliging the laborer to sell this labor power to an employer, who possesses the means of production. Yet, instances of “unfree labor” – where the worker cannot even “dispose of his labor power as his own commodity1” – abound under capitalism. The question posed by this paper is why. What factors can account for the existence of unfree labor? What role does it play in an economy? Why does it exist in certain forms? In terms of the broadest answers to the question of why unfree labor exists under capitalism, there appear to be various potential hypotheses. ¾ Unfree labor may be theorized as a “pre-capitalist” form of labor that has lingered on, a “vestige” of a formerly dominant mode of production. Similarly, it may be viewed as a “non-capitalist” form of labor that can come into existence under capitalism, but can never become the central form of labor. ¾ An alternate explanation of the relationship between unfree labor and capitalism is that it is part of a process of primary accumulation. -
The Rise and Fall of Fascism
The Rise and Fall of Fascism Michael Mann, Professor of Sociology, University of California at Los Angeles. E-mail: [email protected] Fascism was probably the most important political ideology created during the 20th century. In th e inter -war period it dominated half of Europe and threatened to overwhelm the other half. It also influenced many countries across the Middle East, Asia, Latin America and South Africa. In Asia, for example, its influence was probably strongest on the Chinese Kuomintang, Japanese militarists and Hindu nationalists. My book Fascists (Cambridge University Press, 2004) is based on research on fascists where they were strongest, in six European countries -- Austria, Germany, Hungary, Italy, Romania and Spain. In the book I ask the question, why did fascism rise to such prominence? And I answer it looking at the men and women who became fascists: who were they, what did they believe in, and how did they act? There are two main schools of interpretation among scholars as to the rise of fascism. An idealist school has focused on fascists' beliefs and doctrines, emphasizing their nationalist values. Most recently, some of these scholars have termed fascism a form of “political religion”. 1 A more materialist school has focused on fascism’s supposed lower -middle class or middle class (petit bourgeois or bourgeois) base and the supposed way in which fascism was used to save capitalism when it was in difficulties. The debates between them constitute yet another replay of ongoing polemics between idealism and materialism in the social sciences. Both nationalism and class were important in fascism. -
The Impact of Western Sanctions on Russia and How They Can Be Made Even More Effective
The impact of Western sanctions on Russia and how they can be made even more effective REPORT By Anders Åslund and Maria Snegovaya While Western sanctions have not succeeded in forcing the Kremlin to fully reverse its actions and end aggression in Ukraine, the economic impact of financial sanctions on Russia has been greater than previously understood. Dr. Anders Åslund is a resident senior fellow in the Eurasia Center at the Atlantic Council. He also teaches at Georgetown University. He is a leading specialist on economic policy in Russia, Ukraine, and East Europe. Dr. Maria Snegovaya is a non-resident fellow at the Eurasia Center, a visiting scholar with the Institute for European, Russian, and Eurasian Studies at the George Washington University; and a postdoctoral scholar with the Kellogg Center for Philosophy, Politics, and Economics at the Virginia Polytechnic Institute and State University. THE IMPACT OF WESTERN SANCTIONS ON RUSSIA AND HOW MAY 2021 THEY CAN BE MADE EVEN MORE EFFECTIVE Key points While Western sanctions have not succeeded in forcing the Kremlin to fully reverse its actions and end aggression in Ukraine, the economic impact of financial sanctions on Russia has been greater than previously understood. Western sanctions on Russia have been quite effective in two regards. First, they stopped Vladimir Putin’s preannounced military offensive into Ukraine in the summer of 2014. Second, sanctions have hit the Russian economy badly. Since 2014, it has grown by an average of 0.3 percent per year, while the global average was 2.3 percent per year. They have slashed foreign credits and foreign direct investment, and may have reduced Russia’s economic growth by 2.5–3 percent a year; that is, about $50 billion per year. -
Vietnamese Migrants in Russia in Migrants Vietnamese
NEW MOBILITIES IN ASIA Hoang Vietnamese Migrants in Russia Lan Anh Hoang Vietnamese Migrants in Russia Mobility in Times of Uncertainty Vietnamese Migrants in Russia New Mobilities in Asia In the 21st century, human mobility will increasingly have an Asian face. Migration from, to, and within Asia is not new, but it is undergoing profound transformations. Unskilled labour migration from the Philippines, China, India, Burma, Indonesia, and Central Asia to the West, the Gulf, Russia, Singapore, Malaysia, and Thailand continues apace. Yet industrialization in Bangladesh, Cambodia, and India, the opening of Burma, and urbanization in China is creating massive new flows of internal migration. China is fast becoming a magnet for international migration from Asia and beyond. Meanwhile, Asian students top study-abroad charts; Chinese and Indian managers and technicians are becoming a new mobile global elite as foreign investment from those countries grows; and Asian tourists are fast becoming the biggest travellers and the biggest spenders, both in their own countries and abroad. These new mobilities reflect profound transformations of Asian societies and their relationship to the world, impacting national identities and creating new migration policy regimes, modes of transnational politics, consumption practices, and ideas of modernity. This series brings together studies by historians, anthropologists, geographers, and political scientists that systematically explore these changes. Series Editor Pál Nyíri, Vrije Universiteit, Amsterdam Editorial -
The Political Economy of Chinese State Capitalism
The Political Economy of Chinese State Capitalism Li Xing and Timothy M. Shaw∗ Abstract: The paper intends to provide a framework of understanding the political economy of Chinese state capitalism in which China transformed from an economy owned and controlled by the state to one supervised and regulated by the state in combination with market mechanisms. It explores how China is able to combine political, economic and socio- cultural innovations in developing state capitalism with “Chinese characteristics”. It argues that the uniqueness of Chinese state capitalism can be conceptualized from the perspectives of: 1) understanding China as a “civilization-state” (vis-à-vis Western “nation-state”) that has a unique type of political culture and rationality; 2) examining the resilient capacity of Chinese culture and the Chinese party-state in sinicizing and internalizing foreign ideas and practices; 3) analyzing the Chinese state-market relationship in which institutional innovations, commodification of state power, and marketization of public resource play a positive role in securing a certain level of state-market-society embeddedness. But the paper also indicates the potential challenges and limitations of Chinese state capitalism. Introduction One of the puzzling questions facing many scholars of social sciences and especially those engaged in Chinese studies is how to comprehend and interpret China’s historical transformations shaped by fundamental changes and great successes in the past three decades. What are the internal driving forces and the external influences behind these transformations? There is a general consensus that China’s success in moving from an economy owned and controlled by the state (state socialism) to one supervised and regulated by the state through combining legal means with market mechanisms cannot be achieved without an active role by the Chinese state in attaining macro-policy independence and socio-political stability. -
Download Article
Advances in Economics, Business and Management Research, volume 107 External Challenges and Risks for Russia in the Context of the World Community’s Transition to Polycentrism: Economics, Finance and Business (ICEFB 2019) Prospects of Enhancing Russia-Vietnam Economic Cooperation: Barriers and Drivers Larisa I. Egorova, Alla V. Trofimovskaya, Maksim V. Fatin, Evgeniya A. Medvedeva Financial University under the Government of the Russian Federation Moscow, Russia Abstract—The cooperation between Russia and Vietnam in the current conditions of global turbulence and the stagnation of II. METHODOLOGY the Russian economy development is one of the major and most The article is based on the following methodology. Firstly, efficient ways of reviving the growth ratios. The Vietnamese the authors research a general context of cooperation and economy is also seeking development drivers, so a partnership reveal the main spheres of mutual interest for the countries. with Russia may be one of such drivers. The article is devoted to Then, the authors analyze the dynamic of these spheres revealing the key barriers for the deeper cooperation and the development and reveal major problems in the cooperation ways of creating a better environment for future tighter cooperation. The novelty of the article is characterized by a new strategies. approach to the analysis of the cooperation of Vietnam and As the key sphere of cooperation is trade, the authors EAEU states through the research of its interactions with Russia develop a forecast of its development up to 2023 with the help as the key driver of the EAEU economy and Eurasian of linear smoothening instruments and calculate the trade integration. -
Is India Fit for a Role in Global Governance? the Predicament of Fragile Domestic Structures and Institutions
A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Wulf, Herbert Working Paper Is India Fit for a Role in Global Governance? The Predicament of Fragile Domestic Structures and Institutions Global Cooperation Research Papers, No. 4 Provided in Cooperation with: University of Duisburg-Essen, Käte Hamburger Kolleg / Centre for Global Cooperation Research (KHK/GCR21) Suggested Citation: Wulf, Herbert (2014) : Is India Fit for a Role in Global Governance? The Predicament of Fragile Domestic Structures and Institutions, Global Cooperation Research Papers, No. 4, University of Duisburg-Essen, Käte Hamburger Kolleg / Centre for Global Cooperation Research (KHK/GCR21), Duisburg, http://dx.doi.org/10.14282/2198-0411-GCRP-4 This Version is available at: http://hdl.handle.net/10419/214697 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content Licence (especially Creative Commons Licences), you genannten Lizenz gewährten Nutzungsrechte. -
Death and Prices: the Political Economy of Russia's Alcohol Crisis
Death and prices: The political economy of Russia’s alcohol crisis Most experts agree that alcohol abuse has been a major cause of Russia’s soaring mortality rate. But why have ever more Russians been drinking themselves to death? Some attribute this to despair in the face of painful economic change. I present evidence that, in fact, the surge in alcohol-related deaths—and premature deaths in general— was fueled by a dramatic fall in the real price of vodka, which dropped 77 percent between December 1990 and December 1994. Variation in vodka prices—both over time and across Russia’s regions—closely matches variation in mortality. Although market competition and weak excise collection help explain the fall in prices, the main reason appears to be populist price regulation during inflationary periods. Daniel Treisman University of California, Los Angeles Department of Political Science University of California, Los Angeles 4289 Bunche Hall Los Angeles, CA 90095-1472 [email protected] August 2009 I10, I18, P36, P35 Keywords: alcohol, Russia, mortality, price regulation 1 Introduction During the last 20 years, Russia’s mortality rate has risen dramatically. In 1990, 11.2 of every thousand Russians died; by 2005, this had risen to 16.1 per thousand.1 Experts agree that alcohol abuse is among the most important causes.2 The increase in the death rate was accompanied by rapid growth in vodka sales and an upsurge of alcohol-related health problems. What is less clear is why such abuse should have risen so much during these years. Why—to put it bluntly—have growing numbers of Russians been drinking themselves to death? The recent mortality spike coincided with the introduction of painful economic reforms and many have suggested a connection.