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In this episode, we sit down with Shaina Potts, author of Judicial Territory: Law, Capital, and the Expansion of American Empire (Duke University Press, 2024)—a groundbreaking book that reveals how U.S. courts have quietly become instruments of global economic governance. Drawing on legal geography and a sharp understanding of finance and political economy, Shaina uncovers how American judicial authority has extended beyond borders to discipline postcolonial states, enforce the primacy of private property, and protect the rights of foreign investors. This legal reach—what she calls judicial territory—has been a crucial, yet overlooked, pillar of U.S. empire and the liberal international order. The conversation unpacks how doctrines like foreign sovereign immunity and the act of state doctrine have enabled courts in New York and elsewhere to shape global capital flows, often treating foreign governments like private firms. Through detailed case studies—such as a startling instance where a U.S. court orders Ghana to seize an Argentine ship—we trace the long arc of legal imperialism from the Cold War through today's multipolar tensions. We also ask: Could China or Russia create alternative legal geographies of power? What does the future hold for judicial authority in fields like tech regulation, climate, and global finance? GUEST BIO: Dr. Shaina Potts is an economic, legal, and political geographer and Associate Professor at UCLA. She focuses on the articulation of international political economy, geopolitics, and law. In the age of globalization, cross-border economic processes are often treated as placeless, ubiquitous flows, making nation-states and borders increasingly obsolete. Her work shows, in contrast, how transnational economic relations are inscribed in concrete and geographically specific legal and institutional practices and that states remain central to producing and governing this activity. Much of her research combines analyses of technical, economic, and legal processes with extensive historical and geopolitical contextualization to show how the perpetuation of North-South economic inequalities is shaped by the micro-operations of contracts, financial transactions, and law. A strand of her research focuses on financial geographies of sovereign debt, with a focus on debt crises in the Global South. More on Shaina and research is available here: https://geog.ucla.edu/person/shaina-potts/ LINKS TO RESOURCES: Judicial Territory: Law, Capital, and the Expansion of American Empire: https://dukeupress.edu/judicial-territory Long-form essay on Shaina Potts' Judicial Territory by Ilias Alami: https://journals.sagepub.com/doi/10.1177/0308518X251342660 The Spectre of State Capitalism by Ilias Alami and Adam Dixon: https://academic.oup.com/book/57552 Corporate Sovereignty Law and Government under Capitalism by Joshua Barkan - https://www.upress.umn.edu/9780816674275/corporate-sovereignty/ Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory
In this episode, we sit down with Shaina Potts, author of Judicial Territory: Law, Capital, and the Expansion of American Empire (Duke University Press, 2024)—a groundbreaking book that reveals how U.S. courts have quietly become instruments of global economic governance. Drawing on legal geography and a sharp understanding of finance and political economy, Shaina uncovers how American judicial authority has extended beyond borders to discipline postcolonial states, enforce the primacy of private property, and protect the rights of foreign investors. This legal reach—what she calls judicial territory—has been a crucial, yet overlooked, pillar of U.S. empire and the liberal international order. The conversation unpacks how doctrines like foreign sovereign immunity and the act of state doctrine have enabled courts in New York and elsewhere to shape global capital flows, often treating foreign governments like private firms. Through detailed case studies—such as a startling instance where a U.S. court orders Ghana to seize an Argentine ship—we trace the long arc of legal imperialism from the Cold War through today's multipolar tensions. We also ask: Could China or Russia create alternative legal geographies of power? What does the future hold for judicial authority in fields like tech regulation, climate, and global finance? GUEST BIO: Dr. Shaina Potts is an economic, legal, and political geographer and Associate Professor at UCLA. She focuses on the articulation of international political economy, geopolitics, and law. In the age of globalization, cross-border economic processes are often treated as placeless, ubiquitous flows, making nation-states and borders increasingly obsolete. Her work shows, in contrast, how transnational economic relations are inscribed in concrete and geographically specific legal and institutional practices and that states remain central to producing and governing this activity. Much of her research combines analyses of technical, economic, and legal processes with extensive historical and geopolitical contextualization to show how the perpetuation of North-South economic inequalities is shaped by the micro-operations of contracts, financial transactions, and law. A strand of her research focuses on financial geographies of sovereign debt, with a focus on debt crises in the Global South. More on Shaina and research is available here: https://geog.ucla.edu/person/shaina-potts/ LINKS TO RESOURCES: Judicial Territory: Law, Capital, and the Expansion of American Empire: https://dukeupress.edu/judicial-territory Long-form essay on Shaina Potts' Judicial Territory by Ilias Alami: https://journals.sagepub.com/doi/10.1177/0308518X251342660 The Spectre of State Capitalism by Ilias Alami and Adam Dixon: https://academic.oup.com/book/57552 Corporate Sovereignty Law and Government under Capitalism by Joshua Barkan - https://www.upress.umn.edu/9780816674275/corporate-sovereignty/ Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
In this episode, we sit down with Shaina Potts, author of Judicial Territory: Law, Capital, and the Expansion of American Empire (Duke University Press, 2024)—a groundbreaking book that reveals how U.S. courts have quietly become instruments of global economic governance. Drawing on legal geography and a sharp understanding of finance and political economy, Shaina uncovers how American judicial authority has extended beyond borders to discipline postcolonial states, enforce the primacy of private property, and protect the rights of foreign investors. This legal reach—what she calls judicial territory—has been a crucial, yet overlooked, pillar of U.S. empire and the liberal international order. The conversation unpacks how doctrines like foreign sovereign immunity and the act of state doctrine have enabled courts in New York and elsewhere to shape global capital flows, often treating foreign governments like private firms. Through detailed case studies—such as a startling instance where a U.S. court orders Ghana to seize an Argentine ship—we trace the long arc of legal imperialism from the Cold War through today's multipolar tensions. We also ask: Could China or Russia create alternative legal geographies of power? What does the future hold for judicial authority in fields like tech regulation, climate, and global finance? GUEST BIO: Dr. Shaina Potts is an economic, legal, and political geographer and Associate Professor at UCLA. She focuses on the articulation of international political economy, geopolitics, and law. In the age of globalization, cross-border economic processes are often treated as placeless, ubiquitous flows, making nation-states and borders increasingly obsolete. Her work shows, in contrast, how transnational economic relations are inscribed in concrete and geographically specific legal and institutional practices and that states remain central to producing and governing this activity. Much of her research combines analyses of technical, economic, and legal processes with extensive historical and geopolitical contextualization to show how the perpetuation of North-South economic inequalities is shaped by the micro-operations of contracts, financial transactions, and law. A strand of her research focuses on financial geographies of sovereign debt, with a focus on debt crises in the Global South. More on Shaina and research is available here: https://geog.ucla.edu/person/shaina-potts/ LINKS TO RESOURCES: Judicial Territory: Law, Capital, and the Expansion of American Empire: https://dukeupress.edu/judicial-territory Long-form essay on Shaina Potts' Judicial Territory by Ilias Alami: https://journals.sagepub.com/doi/10.1177/0308518X251342660 The Spectre of State Capitalism by Ilias Alami and Adam Dixon: https://academic.oup.com/book/57552 Corporate Sovereignty Law and Government under Capitalism by Joshua Barkan - https://www.upress.umn.edu/9780816674275/corporate-sovereignty/ Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs
In this episode, we sit down with Shaina Potts, author of Judicial Territory: Law, Capital, and the Expansion of American Empire (Duke University Press, 2024)—a groundbreaking book that reveals how U.S. courts have quietly become instruments of global economic governance. Drawing on legal geography and a sharp understanding of finance and political economy, Shaina uncovers how American judicial authority has extended beyond borders to discipline postcolonial states, enforce the primacy of private property, and protect the rights of foreign investors. This legal reach—what she calls judicial territory—has been a crucial, yet overlooked, pillar of U.S. empire and the liberal international order. The conversation unpacks how doctrines like foreign sovereign immunity and the act of state doctrine have enabled courts in New York and elsewhere to shape global capital flows, often treating foreign governments like private firms. Through detailed case studies—such as a startling instance where a U.S. court orders Ghana to seize an Argentine ship—we trace the long arc of legal imperialism from the Cold War through today's multipolar tensions. We also ask: Could China or Russia create alternative legal geographies of power? What does the future hold for judicial authority in fields like tech regulation, climate, and global finance? GUEST BIO: Dr. Shaina Potts is an economic, legal, and political geographer and Associate Professor at UCLA. She focuses on the articulation of international political economy, geopolitics, and law. In the age of globalization, cross-border economic processes are often treated as placeless, ubiquitous flows, making nation-states and borders increasingly obsolete. Her work shows, in contrast, how transnational economic relations are inscribed in concrete and geographically specific legal and institutional practices and that states remain central to producing and governing this activity. Much of her research combines analyses of technical, economic, and legal processes with extensive historical and geopolitical contextualization to show how the perpetuation of North-South economic inequalities is shaped by the micro-operations of contracts, financial transactions, and law. A strand of her research focuses on financial geographies of sovereign debt, with a focus on debt crises in the Global South. More on Shaina and research is available here: https://geog.ucla.edu/person/shaina-potts/ LINKS TO RESOURCES: Judicial Territory: Law, Capital, and the Expansion of American Empire: https://dukeupress.edu/judicial-territory Long-form essay on Shaina Potts' Judicial Territory by Ilias Alami: https://journals.sagepub.com/doi/10.1177/0308518X251342660 The Spectre of State Capitalism by Ilias Alami and Adam Dixon: https://academic.oup.com/book/57552 Corporate Sovereignty Law and Government under Capitalism by Joshua Barkan - https://www.upress.umn.edu/9780816674275/corporate-sovereignty/ Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/geography
In this episode, we sit down with Shaina Potts, author of Judicial Territory: Law, Capital, and the Expansion of American Empire (Duke University Press, 2024)—a groundbreaking book that reveals how U.S. courts have quietly become instruments of global economic governance. Drawing on legal geography and a sharp understanding of finance and political economy, Shaina uncovers how American judicial authority has extended beyond borders to discipline postcolonial states, enforce the primacy of private property, and protect the rights of foreign investors. This legal reach—what she calls judicial territory—has been a crucial, yet overlooked, pillar of U.S. empire and the liberal international order. The conversation unpacks how doctrines like foreign sovereign immunity and the act of state doctrine have enabled courts in New York and elsewhere to shape global capital flows, often treating foreign governments like private firms. Through detailed case studies—such as a startling instance where a U.S. court orders Ghana to seize an Argentine ship—we trace the long arc of legal imperialism from the Cold War through today's multipolar tensions. We also ask: Could China or Russia create alternative legal geographies of power? What does the future hold for judicial authority in fields like tech regulation, climate, and global finance? GUEST BIO: Dr. Shaina Potts is an economic, legal, and political geographer and Associate Professor at UCLA. She focuses on the articulation of international political economy, geopolitics, and law. In the age of globalization, cross-border economic processes are often treated as placeless, ubiquitous flows, making nation-states and borders increasingly obsolete. Her work shows, in contrast, how transnational economic relations are inscribed in concrete and geographically specific legal and institutional practices and that states remain central to producing and governing this activity. Much of her research combines analyses of technical, economic, and legal processes with extensive historical and geopolitical contextualization to show how the perpetuation of North-South economic inequalities is shaped by the micro-operations of contracts, financial transactions, and law. A strand of her research focuses on financial geographies of sovereign debt, with a focus on debt crises in the Global South. More on Shaina and research is available here: https://geog.ucla.edu/person/shaina-potts/ LINKS TO RESOURCES: Judicial Territory: Law, Capital, and the Expansion of American Empire: https://dukeupress.edu/judicial-territory Long-form essay on Shaina Potts' Judicial Territory by Ilias Alami: https://journals.sagepub.com/doi/10.1177/0308518X251342660 The Spectre of State Capitalism by Ilias Alami and Adam Dixon: https://academic.oup.com/book/57552 Corporate Sovereignty Law and Government under Capitalism by Joshua Barkan - https://www.upress.umn.edu/9780816674275/corporate-sovereignty/ Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
In this episode, we sit down with Shaina Potts, author of Judicial Territory: Law, Capital, and the Expansion of American Empire (Duke University Press, 2024)—a groundbreaking book that reveals how U.S. courts have quietly become instruments of global economic governance. Drawing on legal geography and a sharp understanding of finance and political economy, Shaina uncovers how American judicial authority has extended beyond borders to discipline postcolonial states, enforce the primacy of private property, and protect the rights of foreign investors. This legal reach—what she calls judicial territory—has been a crucial, yet overlooked, pillar of U.S. empire and the liberal international order. The conversation unpacks how doctrines like foreign sovereign immunity and the act of state doctrine have enabled courts in New York and elsewhere to shape global capital flows, often treating foreign governments like private firms. Through detailed case studies—such as a startling instance where a U.S. court orders Ghana to seize an Argentine ship—we trace the long arc of legal imperialism from the Cold War through today's multipolar tensions. We also ask: Could China or Russia create alternative legal geographies of power? What does the future hold for judicial authority in fields like tech regulation, climate, and global finance? GUEST BIO: Dr. Shaina Potts is an economic, legal, and political geographer and Associate Professor at UCLA. She focuses on the articulation of international political economy, geopolitics, and law. In the age of globalization, cross-border economic processes are often treated as placeless, ubiquitous flows, making nation-states and borders increasingly obsolete. Her work shows, in contrast, how transnational economic relations are inscribed in concrete and geographically specific legal and institutional practices and that states remain central to producing and governing this activity. Much of her research combines analyses of technical, economic, and legal processes with extensive historical and geopolitical contextualization to show how the perpetuation of North-South economic inequalities is shaped by the micro-operations of contracts, financial transactions, and law. A strand of her research focuses on financial geographies of sovereign debt, with a focus on debt crises in the Global South. More on Shaina and research is available here: https://geog.ucla.edu/person/shaina-potts/ LINKS TO RESOURCES: Judicial Territory: Law, Capital, and the Expansion of American Empire: https://dukeupress.edu/judicial-territory Long-form essay on Shaina Potts' Judicial Territory by Ilias Alami: https://journals.sagepub.com/doi/10.1177/0308518X251342660 The Spectre of State Capitalism by Ilias Alami and Adam Dixon: https://academic.oup.com/book/57552 Corporate Sovereignty Law and Government under Capitalism by Joshua Barkan - https://www.upress.umn.edu/9780816674275/corporate-sovereignty/ Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/law
How should we understand China's unique variety of party-state capitalism? In this episode of The World Unpacked, Isaac Kardon sits down with Dr. Meg Rithmire, a renowned scholar of political economy in China and the James E. Robison Professor at Harvard Business School, to discuss how capitalism functions in a party-state that tries to maintain “rule by market” without ceding too much control to private capital. Their discussion is based on Dr. Rithmire's chapter in a new volume released from Carnegie called The Life of the Party: Past and Present Constraints on the Future of the Chinese Communist Party. They explore how private capitalists have been important to China's economy since the 1950s, and how China attempts to exert control over companies to ensure that their activities serve party-state objectives, like Made in China 2025.Notes:1. Yvonne Chiu, Isaac B. Kardon, Jason M. Kelly, “The Life of the Party: Past and Present Constraints on the Future of the Chinese Communist Party,” Carnegie Endowment for International Peace, June 9, 2025.
Most policies that Trump attempts to implement, such as cuts to Medicaid, NOAA, and more, have an End-Stage Capitalism component.Subscribe to our Newsletter:https://politicsdoneright.com/newsletterPurchase our Books: As I See It: https://amzn.to/3XpvW5o How To Make AmericaUtopia: https://amzn.to/3VKVFnG It's Worth It: https://amzn.to/3VFByXP Lose Weight And BeFit Now: https://amzn.to/3xiQK3K Tribulations of anAfro-Latino Caribbean man: https://amzn.to/4c09rbE
Featuring more analysis from Ilias Alami and Tim Sahay on the shape of global geopolitics and geoeconomics. We discuss: the fault lines of the green energy transition; the US and China battle for dominance while the rest of the world seeks advantage and opportunities for leverage; the US and Russia's full-throttle commitment to fossil capitalism; the IMF's ongoing imposition of neoliberal austerity on the world's poorest countries, which, in opposition to these plans, want to remake the entire world capitalist system. Plus: Why the economic weapon failed against China and Russia, and a lot more. The second in a two-part series. Support The Dig at Patreon.com/TheDig Subscribe to The Polycrisis newsletter phenomenalworld.org/series/the-polycrisis Download a free copy of The Spectre of State Capitalism by Ilias Alami and Adam Dixon academic.oup.com/book/57552 Transnational Institute reports: The New Frontline: The US-China Battle for Control of Global Networks tni.org/en/article/the-new-frontline Geopolitics of Capitalism: State of Power 2025 tni.org/en/publication/geopolitics-of-capitalism Get 50% off Pirate Care and other books in your first order from plutobooks.com with code ‘DIG50′. Use code “DIG” for 30% off a subscription to The-Syllabus.com The Dig goes deep into politics everywhere, from labor struggles and political economy to imperialism and immigration. Hosted by Daniel Denvir.
Featuring more analysis from Ilias Alami and Tim Sahay on the shape of global geopolitics and geoeconomics. We discuss: the fault lines of the green energy transition; the US and China battle for dominance while the rest of the world seeks advantage and opportunities for leverage; the US and Russia's full-throttle commitment to fossil capitalism; the IMF's ongoing imposition of neoliberal austerity on the world's poorest countries, which, in opposition to these plans, want to remake the entire world capitalist system. Plus: Why the economic weapon failed against China and Russia, and a lot more. The second in a two-part series. Support The Dig at Patreon.com/TheDig Subscribe to The Polycrisis newsletter phenomenalworld.org/series/the-polycrisis Download a free copy of The Spectre of State Capitalism by Ilias Alami and Adam Dixon academic.oup.com/book/57552 Transnational Institute reports: The New Frontline: The US-China Battle for Control of Global Networks tni.org/en/article/the-new-frontline Geopolitics of Capitalism: State of Power 2025 tni.org/en/publication/geopolitics-of-capitalism Get 50% off Pirate Care and other books in your first order from plutobooks.com with code ‘DIG50'.
Featuring Ilias Alami and Tim Sahay on a global conjuncture defined by Washington's shredding of the liberal international order's legitimacy amid a panic over decline: the escalating Cold War with China; Gaza genocide; Trump's tariff wars and militarism, and his pivot toward Putin on Ukraine; European defense buildup and fiscal revolution; what this all means for the poor majority of the Global South, and more. Part one of a two-part series. Subscribe to The Polycrisis newsletter phenomenalworld.org/series/the-polycrisis Download a free copy of The Spectre of State Capitalism by Ilias Alami and Adam Dixon: academic.oup.com/book/57552 Transnational Institute reports: The New Frontline: The US-China Battle for Control of Global Networks: tni.org/en/article/the-new-frontline Geopolitics of Capitalism: State of Power 2025: tni.org/en/publication/geopolitics-of-capitalism The Dig goes deep into politics everywhere, from labor struggles and political economy to imperialism and immigration. Hosted by Daniel Denvir.
Featuring Ilias Alami and Tim Sahay on a global conjuncture defined by Washington's shredding of the liberal international order's legitimacy amid a panic over decline: the escalating Cold War with China; Gaza genocide; Trump's tariff wars and militarism, and his pivot toward Putin on Ukraine; European defense buildup and fiscal revolution; what this all means for the poor majority of the Global South, and more. Part one of a two-part series. Support The Dig at Patreon.com/TheDig Subscribe to The Polycrisis newsletter phenomenalworld.org/series/the-polycrisis Download a free copy of The Spectre of State Capitalism by Ilias Alami and Adam Dixon academic.oup.com/book/57552 Transnational Institute reports: The New Frontline: The US-China Battle for Control of Global Networks tni.org/en/article/the-new-frontline Geopolitics of Capitalism: State of Power 2025 tni.org/en/publication/geopolitics-of-capitalism Buy Perfect Victims and the Politics of Appeal at Haymarketbooks.com Buy Nuclear Is Not The Solution at Versobooks.com
Professor Richard Wolff infers that the election of Donald Trump reflects America's denial of the reality that it is no longer an unambiguous empire and has reached end-state capitalism. Subscribe to our Newsletter: https://politicsdoneright.com/newsletter Purchase our Books: As I See It: https://amzn.to/3XpvW5o How To Make America Utopia: https://amzn.to/3VKVFnG It's Worth It: https://amzn.to/3VFByXP Lose Weight And Be Fit Now: https://amzn.to/3xiQK3K Tribulations of an Afro-Latino Caribbean man: https://amzn.to/4c09rbE
Professor Richard Wolff infers that Trump's election reflects America's denial. Rep. Crockett destroys Trump's immigration myths--likely his most ingenious grift. Mobilize against the rich? Subscribe to our Newsletter: https://politicsdoneright.com/newsletter Purchase our Books: As I See It: https://amzn.to/3XpvW5o How To Make America Utopia: https://amzn.to/3VKVFnG It's Worth It: https://amzn.to/3VFByXP Lose Weight And Be Fit Now: https://amzn.to/3xiQK3K Tribulations of an Afro-Latino Caribbean man: https://amzn.to/4c09rbE
Thank you Jeanne Elbe, Elwyn Hudson, and many others for tuning into my live video! Join me for my next live video in the app.* Rep. Jasmine Crockett destroys the immigration myths. This is likely Trump's most ingenious grift: Congresswoman Jasmine Crockett did not mince her words as she dispelled the myth that immigrants are a drag. The fact is that he will use them as a source of personal financial gain. [More]* Neil Aquino visits with a special request: If We Don't Stand Up For Sarah Terrell Wrongly Arrested At HISD Meeting, Who Will Stand For Us In Democracy Fights Ahead? [More] To hear more, visit egberto.substack.com
In this interview, Dr.SHIVA Ayyadurai, MIT PhD, Inventor of Email, Scientist, Engineer and Candidate for President, Talks about State Capitalism Vs. REAL Socialism. The SWARM's BIG LIE
After close to three decades of the hegemony of free market ideas, the state has made a big comeback as an economic actor since the 2008 financial crisis. China's state-owned companies and international financial institutions have made headlines for their growing influence in the world economy. State-backed investment vehicles based in the Gulf states have made high-profile investments in global real estate markets and professional sports, while their state-owned firms have become world leaders in the logistics and natural resource sectors. Governments around the world – including in the heartlands of advanced capitalism – have promoted the interests of ‘national champion' companies in strategic economic sectors, bailed out financial institutions by taking toxic assets off of their balance sheets, and implemented industrial policies with the aim of moving into the most profitable segments of global value chains. What accounts for this renewed prominence of states in global capitalism? Does the increased activism of states mark the end of neoliberal hegemony? And how do contemporary state-led economic initiatives compare to the heyday of Keynesian and developmentalist policy agendas in the decades immediately following World War II? The book that we are discussing today, The Spectre of State Capitalism (Oxford UP, 2024) by Ilias Alami and Adam Dixon, marks the culmination of a highly productive research project that the authors have led on the compulsions and constraints that shape the ‘new' state capitalism. The book aims to challenge narratives that pathologize state capitalism as an authoritarian deviation from the ‘normal' course of free market capitalism while also showing how new forms of state activism depart from earlier models of state-led development. Ilias Alami is a University assistant professor in the political economy of development at Cambrdige University. His previous book is Money Power and Financial Capital in Emerging Markets (2019). Adam Dixon holds the Adam Smith Chair in Sustainable Capitalism at Heriot Watt University's Ediburgh Business School. He is the author of several books, most recently Sovereign Wealth Funds: Between States and Markets (2022). This book is available open access here. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
After close to three decades of the hegemony of free market ideas, the state has made a big comeback as an economic actor since the 2008 financial crisis. China's state-owned companies and international financial institutions have made headlines for their growing influence in the world economy. State-backed investment vehicles based in the Gulf states have made high-profile investments in global real estate markets and professional sports, while their state-owned firms have become world leaders in the logistics and natural resource sectors. Governments around the world – including in the heartlands of advanced capitalism – have promoted the interests of ‘national champion' companies in strategic economic sectors, bailed out financial institutions by taking toxic assets off of their balance sheets, and implemented industrial policies with the aim of moving into the most profitable segments of global value chains. What accounts for this renewed prominence of states in global capitalism? Does the increased activism of states mark the end of neoliberal hegemony? And how do contemporary state-led economic initiatives compare to the heyday of Keynesian and developmentalist policy agendas in the decades immediately following World War II? The book that we are discussing today, The Spectre of State Capitalism (Oxford UP, 2024) by Ilias Alami and Adam Dixon, marks the culmination of a highly productive research project that the authors have led on the compulsions and constraints that shape the ‘new' state capitalism. The book aims to challenge narratives that pathologize state capitalism as an authoritarian deviation from the ‘normal' course of free market capitalism while also showing how new forms of state activism depart from earlier models of state-led development. Ilias Alami is a University assistant professor in the political economy of development at Cambrdige University. His previous book is Money Power and Financial Capital in Emerging Markets (2019). Adam Dixon holds the Adam Smith Chair in Sustainable Capitalism at Heriot Watt University's Ediburgh Business School. He is the author of several books, most recently Sovereign Wealth Funds: Between States and Markets (2022). This book is available open access here. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/political-science
After close to three decades of the hegemony of free market ideas, the state has made a big comeback as an economic actor since the 2008 financial crisis. China's state-owned companies and international financial institutions have made headlines for their growing influence in the world economy. State-backed investment vehicles based in the Gulf states have made high-profile investments in global real estate markets and professional sports, while their state-owned firms have become world leaders in the logistics and natural resource sectors. Governments around the world – including in the heartlands of advanced capitalism – have promoted the interests of ‘national champion' companies in strategic economic sectors, bailed out financial institutions by taking toxic assets off of their balance sheets, and implemented industrial policies with the aim of moving into the most profitable segments of global value chains. What accounts for this renewed prominence of states in global capitalism? Does the increased activism of states mark the end of neoliberal hegemony? And how do contemporary state-led economic initiatives compare to the heyday of Keynesian and developmentalist policy agendas in the decades immediately following World War II? The book that we are discussing today, The Spectre of State Capitalism (Oxford UP, 2024) by Ilias Alami and Adam Dixon, marks the culmination of a highly productive research project that the authors have led on the compulsions and constraints that shape the ‘new' state capitalism. The book aims to challenge narratives that pathologize state capitalism as an authoritarian deviation from the ‘normal' course of free market capitalism while also showing how new forms of state activism depart from earlier models of state-led development. Ilias Alami is a University assistant professor in the political economy of development at Cambrdige University. His previous book is Money Power and Financial Capital in Emerging Markets (2019). Adam Dixon holds the Adam Smith Chair in Sustainable Capitalism at Heriot Watt University's Ediburgh Business School. He is the author of several books, most recently Sovereign Wealth Funds: Between States and Markets (2022). This book is available open access here. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory
After close to three decades of the hegemony of free market ideas, the state has made a big comeback as an economic actor since the 2008 financial crisis. China's state-owned companies and international financial institutions have made headlines for their growing influence in the world economy. State-backed investment vehicles based in the Gulf states have made high-profile investments in global real estate markets and professional sports, while their state-owned firms have become world leaders in the logistics and natural resource sectors. Governments around the world – including in the heartlands of advanced capitalism – have promoted the interests of ‘national champion' companies in strategic economic sectors, bailed out financial institutions by taking toxic assets off of their balance sheets, and implemented industrial policies with the aim of moving into the most profitable segments of global value chains. What accounts for this renewed prominence of states in global capitalism? Does the increased activism of states mark the end of neoliberal hegemony? And how do contemporary state-led economic initiatives compare to the heyday of Keynesian and developmentalist policy agendas in the decades immediately following World War II? The book that we are discussing today, The Spectre of State Capitalism (Oxford UP, 2024) by Ilias Alami and Adam Dixon, marks the culmination of a highly productive research project that the authors have led on the compulsions and constraints that shape the ‘new' state capitalism. The book aims to challenge narratives that pathologize state capitalism as an authoritarian deviation from the ‘normal' course of free market capitalism while also showing how new forms of state activism depart from earlier models of state-led development. Ilias Alami is a University assistant professor in the political economy of development at Cambrdige University. His previous book is Money Power and Financial Capital in Emerging Markets (2019). Adam Dixon holds the Adam Smith Chair in Sustainable Capitalism at Heriot Watt University's Ediburgh Business School. He is the author of several books, most recently Sovereign Wealth Funds: Between States and Markets (2022). This book is available open access here. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs
After close to three decades of the hegemony of free market ideas, the state has made a big comeback as an economic actor since the 2008 financial crisis. China's state-owned companies and international financial institutions have made headlines for their growing influence in the world economy. State-backed investment vehicles based in the Gulf states have made high-profile investments in global real estate markets and professional sports, while their state-owned firms have become world leaders in the logistics and natural resource sectors. Governments around the world – including in the heartlands of advanced capitalism – have promoted the interests of ‘national champion' companies in strategic economic sectors, bailed out financial institutions by taking toxic assets off of their balance sheets, and implemented industrial policies with the aim of moving into the most profitable segments of global value chains. What accounts for this renewed prominence of states in global capitalism? Does the increased activism of states mark the end of neoliberal hegemony? And how do contemporary state-led economic initiatives compare to the heyday of Keynesian and developmentalist policy agendas in the decades immediately following World War II? The book that we are discussing today, The Spectre of State Capitalism (Oxford UP, 2024) by Ilias Alami and Adam Dixon, marks the culmination of a highly productive research project that the authors have led on the compulsions and constraints that shape the ‘new' state capitalism. The book aims to challenge narratives that pathologize state capitalism as an authoritarian deviation from the ‘normal' course of free market capitalism while also showing how new forms of state activism depart from earlier models of state-led development. Ilias Alami is a University assistant professor in the political economy of development at Cambrdige University. His previous book is Money Power and Financial Capital in Emerging Markets (2019). Adam Dixon holds the Adam Smith Chair in Sustainable Capitalism at Heriot Watt University's Ediburgh Business School. He is the author of several books, most recently Sovereign Wealth Funds: Between States and Markets (2022). This book is available open access here. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/intellectual-history
After close to three decades of the hegemony of free market ideas, the state has made a big comeback as an economic actor since the 2008 financial crisis. China's state-owned companies and international financial institutions have made headlines for their growing influence in the world economy. State-backed investment vehicles based in the Gulf states have made high-profile investments in global real estate markets and professional sports, while their state-owned firms have become world leaders in the logistics and natural resource sectors. Governments around the world – including in the heartlands of advanced capitalism – have promoted the interests of ‘national champion' companies in strategic economic sectors, bailed out financial institutions by taking toxic assets off of their balance sheets, and implemented industrial policies with the aim of moving into the most profitable segments of global value chains. What accounts for this renewed prominence of states in global capitalism? Does the increased activism of states mark the end of neoliberal hegemony? And how do contemporary state-led economic initiatives compare to the heyday of Keynesian and developmentalist policy agendas in the decades immediately following World War II? The book that we are discussing today, The Spectre of State Capitalism (Oxford UP, 2024) by Ilias Alami and Adam Dixon, marks the culmination of a highly productive research project that the authors have led on the compulsions and constraints that shape the ‘new' state capitalism. The book aims to challenge narratives that pathologize state capitalism as an authoritarian deviation from the ‘normal' course of free market capitalism while also showing how new forms of state activism depart from earlier models of state-led development. Ilias Alami is a University assistant professor in the political economy of development at Cambrdige University. His previous book is Money Power and Financial Capital in Emerging Markets (2019). Adam Dixon holds the Adam Smith Chair in Sustainable Capitalism at Heriot Watt University's Ediburgh Business School. He is the author of several books, most recently Sovereign Wealth Funds: Between States and Markets (2022). This book is available open access here. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
After close to three decades of the hegemony of free market ideas, the state has made a big comeback as an economic actor since the 2008 financial crisis. China's state-owned companies and international financial institutions have made headlines for their growing influence in the world economy. State-backed investment vehicles based in the Gulf states have made high-profile investments in global real estate markets and professional sports, while their state-owned firms have become world leaders in the logistics and natural resource sectors. Governments around the world – including in the heartlands of advanced capitalism – have promoted the interests of ‘national champion' companies in strategic economic sectors, bailed out financial institutions by taking toxic assets off of their balance sheets, and implemented industrial policies with the aim of moving into the most profitable segments of global value chains. What accounts for this renewed prominence of states in global capitalism? Does the increased activism of states mark the end of neoliberal hegemony? And how do contemporary state-led economic initiatives compare to the heyday of Keynesian and developmentalist policy agendas in the decades immediately following World War II? The book that we are discussing today, The Spectre of State Capitalism (Oxford UP, 2024) by Ilias Alami and Adam Dixon, marks the culmination of a highly productive research project that the authors have led on the compulsions and constraints that shape the ‘new' state capitalism. The book aims to challenge narratives that pathologize state capitalism as an authoritarian deviation from the ‘normal' course of free market capitalism while also showing how new forms of state activism depart from earlier models of state-led development. Ilias Alami is a University assistant professor in the political economy of development at Cambrdige University. His previous book is Money Power and Financial Capital in Emerging Markets (2019). Adam Dixon holds the Adam Smith Chair in Sustainable Capitalism at Heriot Watt University's Ediburgh Business School. He is the author of several books, most recently Sovereign Wealth Funds: Between States and Markets (2022). This book is available open access here. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/politics-and-polemics
After close to three decades of the hegemony of free market ideas, the state has made a big comeback as an economic actor since the 2008 financial crisis. China's state-owned companies and international financial institutions have made headlines for their growing influence in the world economy. State-backed investment vehicles based in the Gulf states have made high-profile investments in global real estate markets and professional sports, while their state-owned firms have become world leaders in the logistics and natural resource sectors. Governments around the world – including in the heartlands of advanced capitalism – have promoted the interests of ‘national champion' companies in strategic economic sectors, bailed out financial institutions by taking toxic assets off of their balance sheets, and implemented industrial policies with the aim of moving into the most profitable segments of global value chains. What accounts for this renewed prominence of states in global capitalism? Does the increased activism of states mark the end of neoliberal hegemony? And how do contemporary state-led economic initiatives compare to the heyday of Keynesian and developmentalist policy agendas in the decades immediately following World War II? The book that we are discussing today, The Spectre of State Capitalism (Oxford UP, 2024) by Ilias Alami and Adam Dixon, marks the culmination of a highly productive research project that the authors have led on the compulsions and constraints that shape the ‘new' state capitalism. The book aims to challenge narratives that pathologize state capitalism as an authoritarian deviation from the ‘normal' course of free market capitalism while also showing how new forms of state activism depart from earlier models of state-led development. Ilias Alami is a University assistant professor in the political economy of development at Cambrdige University. His previous book is Money Power and Financial Capital in Emerging Markets (2019). Adam Dixon holds the Adam Smith Chair in Sustainable Capitalism at Heriot Watt University's Ediburgh Business School. He is the author of several books, most recently Sovereign Wealth Funds: Between States and Markets (2022). This book is available open access here. Learn more about your ad choices. Visit megaphone.fm/adchoices
After close to three decades of the hegemony of free market ideas, the state has made a big comeback as an economic actor since the 2008 financial crisis. China's state-owned companies and international financial institutions have made headlines for their growing influence in the world economy. State-backed investment vehicles based in the Gulf states have made high-profile investments in global real estate markets and professional sports, while their state-owned firms have become world leaders in the logistics and natural resource sectors. Governments around the world – including in the heartlands of advanced capitalism – have promoted the interests of ‘national champion' companies in strategic economic sectors, bailed out financial institutions by taking toxic assets off of their balance sheets, and implemented industrial policies with the aim of moving into the most profitable segments of global value chains. What accounts for this renewed prominence of states in global capitalism? Does the increased activism of states mark the end of neoliberal hegemony? And how do contemporary state-led economic initiatives compare to the heyday of Keynesian and developmentalist policy agendas in the decades immediately following World War II? The book that we are discussing today, The Spectre of State Capitalism (Oxford UP, 2024) by Ilias Alami and Adam Dixon, marks the culmination of a highly productive research project that the authors have led on the compulsions and constraints that shape the ‘new' state capitalism. The book aims to challenge narratives that pathologize state capitalism as an authoritarian deviation from the ‘normal' course of free market capitalism while also showing how new forms of state activism depart from earlier models of state-led development. Ilias Alami is a University assistant professor in the political economy of development at Cambrdige University. His previous book is Money Power and Financial Capital in Emerging Markets (2019). Adam Dixon holds the Adam Smith Chair in Sustainable Capitalism at Heriot Watt University's Ediburgh Business School. He is the author of several books, most recently Sovereign Wealth Funds: Between States and Markets (2022). This book is available open access here. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/finance
After close to three decades of the hegemony of free market ideas, the state has made a big comeback as an economic actor since the 2008 financial crisis. China's state-owned companies and international financial institutions have made headlines for their growing influence in the world economy. State-backed investment vehicles based in the Gulf states have made high-profile investments in global real estate markets and professional sports, while their state-owned firms have become world leaders in the logistics and natural resource sectors. Governments around the world – including in the heartlands of advanced capitalism – have promoted the interests of ‘national champion' companies in strategic economic sectors, bailed out financial institutions by taking toxic assets off of their balance sheets, and implemented industrial policies with the aim of moving into the most profitable segments of global value chains. What accounts for this renewed prominence of states in global capitalism? Does the increased activism of states mark the end of neoliberal hegemony? And how do contemporary state-led economic initiatives compare to the heyday of Keynesian and developmentalist policy agendas in the decades immediately following World War II? The book that we are discussing today, The Spectre of State Capitalism (Oxford UP, 2024) by Ilias Alami and Adam Dixon, marks the culmination of a highly productive research project that the authors have led on the compulsions and constraints that shape the ‘new' state capitalism. The book aims to challenge narratives that pathologize state capitalism as an authoritarian deviation from the ‘normal' course of free market capitalism while also showing how new forms of state activism depart from earlier models of state-led development. Ilias Alami is a University assistant professor in the political economy of development at Cambrdige University. His previous book is Money Power and Financial Capital in Emerging Markets (2019). Adam Dixon holds the Adam Smith Chair in Sustainable Capitalism at Heriot Watt University's Ediburgh Business School. He is the author of several books, most recently Sovereign Wealth Funds: Between States and Markets (2022). This book is available open access here. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/book-of-the-day
After close to three decades of the hegemony of free market ideas, the state has made a big comeback as an economic actor since the 2008 financial crisis. China's state-owned companies and international financial institutions have made headlines for their growing influence in the world economy. State-backed investment vehicles based in the Gulf states have made high-profile investments in global real estate markets and professional sports, while their state-owned firms have become world leaders in the logistics and natural resource sectors. Governments around the world – including in the heartlands of advanced capitalism – have promoted the interests of ‘national champion' companies in strategic economic sectors, bailed out financial institutions by taking toxic assets off of their balance sheets, and implemented industrial policies with the aim of moving into the most profitable segments of global value chains. What accounts for this renewed prominence of states in global capitalism? Does the increased activism of states mark the end of neoliberal hegemony? And how do contemporary state-led economic initiatives compare to the heyday of Keynesian and developmentalist policy agendas in the decades immediately following World War II? The book that we are discussing today, The Spectre of State Capitalism (Oxford UP, 2024) by Ilias Alami and Adam Dixon, marks the culmination of a highly productive research project that the authors have led on the compulsions and constraints that shape the ‘new' state capitalism. The book aims to challenge narratives that pathologize state capitalism as an authoritarian deviation from the ‘normal' course of free market capitalism while also showing how new forms of state activism depart from earlier models of state-led development. Ilias Alami is a University assistant professor in the political economy of development at Cambrdige University. His previous book is Money Power and Financial Capital in Emerging Markets (2019). Adam Dixon holds the Adam Smith Chair in Sustainable Capitalism at Heriot Watt University's Ediburgh Business School. He is the author of several books, most recently Sovereign Wealth Funds: Between States and Markets (2022). This book is available open access here.
Ya-Wen Lei er professor på Harvard University. Hun er først uddannet jurist og sociolog i USA, og senere rejste hun til Kina for at studere den måde, det kinesiske tech-samfund udvikler sig på. Udgangspunktet for samtalen med Rune Lykkeberg er Leis nyeste bog The Gilded Cage: Technology, Development, and State Capitalism in China, som handler om den kæmpemæssige investering i tech, som Kina har lavet i det 21. århundrede, og hvordan det i 2020 førte til det, som nu er kendt som “the Chinese crackdown”. Ya-Wen Lei siger selv, at hendes bog er et svar på spørgsmålet om, hvordan et kommunistisk land som Kina kan opføre sig så kapitalistisk.
Since the mid-2000s, the Chinese state has increasingly shifted away from labor-intensive, export-oriented manufacturing to a process of socioeconomic development centered on science and technology. In The Gilded Cage: Technology, Development, and State Capitalism in China (Princeton University Press, 2023) Ya-Wen Lei traces the contours of this techno-developmental regime and its resulting form of techno-state capitalism, telling the stories of those whose lives have been transformed—for better and worse—by China's rapid rise to economic and technological dominance. Drawing on groundbreaking fieldwork and a wealth of in-depth interviews with managers, business owners, workers, software engineers, and local government officials, Lei describes the vastly unequal values assigned to economic sectors deemed “high-end” versus “low-end,” and the massive expansion of technical and legal instruments used to measure and control workers and capital. She shows how China's rise has been uniquely shaped by its time-compressed development, the complex relationship between the nation's authoritarian state and its increasingly powerful but unruly tech companies, and an ideology that fuses nationalism with high modernism, technological fetishism, and meritocracy. Some have compared China's extraordinary transformation to America's Gilded Age. This provocative book reveals how it is more like a gilded cage, one in which the Chinese state and tech capital are producing rising inequality and new forms of social exclusion. Ya-Wen Lei is professor of sociology at Harvard University, where she is affiliated with the Fairbank Center for Chinese Studies and the Weatherhead Center for International Affairs. Caleb Zakarin is Editor at the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
Since the mid-2000s, the Chinese state has increasingly shifted away from labor-intensive, export-oriented manufacturing to a process of socioeconomic development centered on science and technology. In The Gilded Cage: Technology, Development, and State Capitalism in China (Princeton University Press, 2023) Ya-Wen Lei traces the contours of this techno-developmental regime and its resulting form of techno-state capitalism, telling the stories of those whose lives have been transformed—for better and worse—by China's rapid rise to economic and technological dominance. Drawing on groundbreaking fieldwork and a wealth of in-depth interviews with managers, business owners, workers, software engineers, and local government officials, Lei describes the vastly unequal values assigned to economic sectors deemed “high-end” versus “low-end,” and the massive expansion of technical and legal instruments used to measure and control workers and capital. She shows how China's rise has been uniquely shaped by its time-compressed development, the complex relationship between the nation's authoritarian state and its increasingly powerful but unruly tech companies, and an ideology that fuses nationalism with high modernism, technological fetishism, and meritocracy. Some have compared China's extraordinary transformation to America's Gilded Age. This provocative book reveals how it is more like a gilded cage, one in which the Chinese state and tech capital are producing rising inequality and new forms of social exclusion. Ya-Wen Lei is professor of sociology at Harvard University, where she is affiliated with the Fairbank Center for Chinese Studies and the Weatherhead Center for International Affairs. Caleb Zakarin is Editor at the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/east-asian-studies
Since the mid-2000s, the Chinese state has increasingly shifted away from labor-intensive, export-oriented manufacturing to a process of socioeconomic development centered on science and technology. In The Gilded Cage: Technology, Development, and State Capitalism in China (Princeton University Press, 2023) Ya-Wen Lei traces the contours of this techno-developmental regime and its resulting form of techno-state capitalism, telling the stories of those whose lives have been transformed—for better and worse—by China's rapid rise to economic and technological dominance. Drawing on groundbreaking fieldwork and a wealth of in-depth interviews with managers, business owners, workers, software engineers, and local government officials, Lei describes the vastly unequal values assigned to economic sectors deemed “high-end” versus “low-end,” and the massive expansion of technical and legal instruments used to measure and control workers and capital. She shows how China's rise has been uniquely shaped by its time-compressed development, the complex relationship between the nation's authoritarian state and its increasingly powerful but unruly tech companies, and an ideology that fuses nationalism with high modernism, technological fetishism, and meritocracy. Some have compared China's extraordinary transformation to America's Gilded Age. This provocative book reveals how it is more like a gilded cage, one in which the Chinese state and tech capital are producing rising inequality and new forms of social exclusion. Ya-Wen Lei is professor of sociology at Harvard University, where she is affiliated with the Fairbank Center for Chinese Studies and the Weatherhead Center for International Affairs. Caleb Zakarin is Editor at the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/political-science
Since the mid-2000s, the Chinese state has increasingly shifted away from labor-intensive, export-oriented manufacturing to a process of socioeconomic development centered on science and technology. In The Gilded Cage: Technology, Development, and State Capitalism in China (Princeton University Press, 2023) Ya-Wen Lei traces the contours of this techno-developmental regime and its resulting form of techno-state capitalism, telling the stories of those whose lives have been transformed—for better and worse—by China's rapid rise to economic and technological dominance. Drawing on groundbreaking fieldwork and a wealth of in-depth interviews with managers, business owners, workers, software engineers, and local government officials, Lei describes the vastly unequal values assigned to economic sectors deemed “high-end” versus “low-end,” and the massive expansion of technical and legal instruments used to measure and control workers and capital. She shows how China's rise has been uniquely shaped by its time-compressed development, the complex relationship between the nation's authoritarian state and its increasingly powerful but unruly tech companies, and an ideology that fuses nationalism with high modernism, technological fetishism, and meritocracy. Some have compared China's extraordinary transformation to America's Gilded Age. This provocative book reveals how it is more like a gilded cage, one in which the Chinese state and tech capital are producing rising inequality and new forms of social exclusion. Ya-Wen Lei is professor of sociology at Harvard University, where she is affiliated with the Fairbank Center for Chinese Studies and the Weatherhead Center for International Affairs. Caleb Zakarin is Editor at the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/sociology
Since the mid-2000s, the Chinese state has increasingly shifted away from labor-intensive, export-oriented manufacturing to a process of socioeconomic development centered on science and technology. In The Gilded Cage: Technology, Development, and State Capitalism in China (Princeton University Press, 2023) Ya-Wen Lei traces the contours of this techno-developmental regime and its resulting form of techno-state capitalism, telling the stories of those whose lives have been transformed—for better and worse—by China's rapid rise to economic and technological dominance. Drawing on groundbreaking fieldwork and a wealth of in-depth interviews with managers, business owners, workers, software engineers, and local government officials, Lei describes the vastly unequal values assigned to economic sectors deemed “high-end” versus “low-end,” and the massive expansion of technical and legal instruments used to measure and control workers and capital. She shows how China's rise has been uniquely shaped by its time-compressed development, the complex relationship between the nation's authoritarian state and its increasingly powerful but unruly tech companies, and an ideology that fuses nationalism with high modernism, technological fetishism, and meritocracy. Some have compared China's extraordinary transformation to America's Gilded Age. This provocative book reveals how it is more like a gilded cage, one in which the Chinese state and tech capital are producing rising inequality and new forms of social exclusion. Ya-Wen Lei is professor of sociology at Harvard University, where she is affiliated with the Fairbank Center for Chinese Studies and the Weatherhead Center for International Affairs. Caleb Zakarin is Editor at the New Books Network.
Since the mid-2000s, the Chinese state has increasingly shifted away from labor-intensive, export-oriented manufacturing to a process of socioeconomic development centered on science and technology. In The Gilded Cage: Technology, Development, and State Capitalism in China (Princeton University Press, 2023) Ya-Wen Lei traces the contours of this techno-developmental regime and its resulting form of techno-state capitalism, telling the stories of those whose lives have been transformed—for better and worse—by China's rapid rise to economic and technological dominance. Drawing on groundbreaking fieldwork and a wealth of in-depth interviews with managers, business owners, workers, software engineers, and local government officials, Lei describes the vastly unequal values assigned to economic sectors deemed “high-end” versus “low-end,” and the massive expansion of technical and legal instruments used to measure and control workers and capital. She shows how China's rise has been uniquely shaped by its time-compressed development, the complex relationship between the nation's authoritarian state and its increasingly powerful but unruly tech companies, and an ideology that fuses nationalism with high modernism, technological fetishism, and meritocracy. Some have compared China's extraordinary transformation to America's Gilded Age. This provocative book reveals how it is more like a gilded cage, one in which the Chinese state and tech capital are producing rising inequality and new forms of social exclusion. Ya-Wen Lei is professor of sociology at Harvard University, where she is affiliated with the Fairbank Center for Chinese Studies and the Weatherhead Center for International Affairs. Caleb Zakarin is Editor at the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
Since the mid-2000s, the Chinese state has increasingly shifted away from labor-intensive, export-oriented manufacturing to a process of socioeconomic development centered on science and technology. In The Gilded Cage: Technology, Development, and State Capitalism in China (Princeton University Press, 2023) Ya-Wen Lei traces the contours of this techno-developmental regime and its resulting form of techno-state capitalism, telling the stories of those whose lives have been transformed—for better and worse—by China's rapid rise to economic and technological dominance. Drawing on groundbreaking fieldwork and a wealth of in-depth interviews with managers, business owners, workers, software engineers, and local government officials, Lei describes the vastly unequal values assigned to economic sectors deemed “high-end” versus “low-end,” and the massive expansion of technical and legal instruments used to measure and control workers and capital. She shows how China's rise has been uniquely shaped by its time-compressed development, the complex relationship between the nation's authoritarian state and its increasingly powerful but unruly tech companies, and an ideology that fuses nationalism with high modernism, technological fetishism, and meritocracy. Some have compared China's extraordinary transformation to America's Gilded Age. This provocative book reveals how it is more like a gilded cage, one in which the Chinese state and tech capital are producing rising inequality and new forms of social exclusion. Ya-Wen Lei is professor of sociology at Harvard University, where she is affiliated with the Fairbank Center for Chinese Studies and the Weatherhead Center for International Affairs. Caleb Zakarin is Editor at the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/science-technology-and-society
#NewWorldReport: #Brazil back to the future with command economy state capitalism. Joseph Humire @JMHumire @SecureFreeSoc. Ernesto Araujo, Former Foreign Minister Republic of Brazil. #NewWorldReportHumire https://www.reuters.com/world/americas/brazils-lula-launches-re-industrialization-plan-next-decade-2024-01-22/ 1920 Rio De Janeiro
#NewWorldReport: Brazil tries State Capitalism again. Latin American Research Professor Evan Ellis, U.S. Army War College Strategic Studies Institute. @revanellis #NewWorldReportEllis https://on.ft.com/3vFJrlB 1928 Brazil
About the Talk In this episode of the podcast, Prof. Mark Pennington interviews Prof. Adam Dixon on the contemporary relevance of the Scottish philosopher and political economist Adam Smith. The Guest Adam D. Dixon holds the Adam Smith Chair in Sustainable Capitalism at Adam Smith's Panmure House, the last and final home of moral philosopher and father of economics Adam Smith. Professor Dixon is recognized as a world-leading scholar on the political economy of sovereign wealth funds, theories of state capitalism, and the intersection of markets and the state in the sustainability transition. His books include The Specter of State Capitalism (Oxford University Press, forthcoming 2024), Sovereign Wealth Funds: Between the State and Markets (Agenda, 2022), The Political Economy of Geoeconomics: Europe in a Changing World (Palgrave 2022), The New Frontier Investors: How Pension Funds, Sovereign Funds, and Endowments are Changing the Business of Investment Management and Long-Term Investing (Palgrave Macmillan 2016), The New Geography of Capitalism: Firms, Finance, and Society (Oxford University Press 2014) Sovereign Wealth Funds: Legitimacy, Governance, and Global Power (Princeton University Press, 2013), and Managing Financial Risks: From Global to Local (Oxford University Press, 2009). Trained as an economic geographer and political economist in the United States, Spain, France, and the United Kingdom, Adam brings an interdisciplinary perspective to this work. Previously, Adam worked at the University of Bristol and Maastricht University in the Netherlands, where he led a large European Research Council project on sovereign wealth funds. He holds a D.Phil. in economic geography from the University of Oxford, a Diplôme (Master) de l'Institut d'Etudes Politiques de Paris, and a BA in international affairs and Spanish literature from The George Washington University in Washington, DC.
In this episode of Pekingology, Freeman Chair in China Studies Jude Blanchette is joined by Ya-Wen Lei, Professor of Sociology at Harvard University to discuss her recent report entitled “The Gilded Cage: Technology, Development and State Capitalism in China.”
Martin Wolf, the Chief Economics Commentator at the Financial Times and one of the world's top 100 global thinkers, delves deep into the core of our global economic and political systems. Wolf's latest book, The Crisis of Democratic Capitalism, serves as the foundation for our exploration of the fundamental question: Is the West's Democratic Capitalism the optimal system to confront the world's complex and interconnected challenges? We examine various models, such as: Democracy without Capitalism, Capitalism without Democracy, Stakeholder Capitalism, State Capitalism, Socialism, Global Dictatorship, Plutocracy, and the growing specter of fascism. Wolf's insights into the resurgence of geopolitics in business, the impact of globalization, and the roles of multilateral organizations and central banks offer vital context. Moreover, we address the pressing need for reform within the Bretton Woods institutions. This episode makes a significant contribution to the ongoing discourse regarding the future of our economic and political systems, featuring one of the most influential economics journalists on a global scale, Martin Wolf.
"I believe that State Capitalism in the short term provides certain advantages because you can mobilize in a concentrated way a lot of resources to reach a specific objective. I believe the future is not State Capitalism or Shareholder [private] Capitalism, the future is what I call Stakeholder Capitalism which is capitalism combined with social responsibility." -- Klaus Schwab Klaus Schwab wants the world to participate in solving our problems and he has a few rules to make sure it's done right. And that means the pesky individuals who believe in free association and free markets must set aside those values and get on board with Stakeholders. And since individuals do not understand the importance of the "stakes" Klaus will seek people capable of solving these very technical problems. We will call them Technocrats; George Soros, Bill Gates, John Kerry are a few worthy leaders who are technically proficient in solving all of these problems. So you should feel a relief. Klaus has the plan and he calls it Stakeholder Capitalism. I used my pocket Thesaurus to find a synonym for his term and Productive Socialism came up! Wow! how silly of us. I read about that throughout history and it never ends well-- millions of people dying through the State, oops I mean Stakeholders... Anyhooo, they have it figured out now and all it took was rebranding! Stakeholder Capitalism-- This time it's different. Coming to a city near you.
How badly has China's stock market performed except for one remarkable decadeWhat are the economic and governance factors that contributed to the underperformanceWhy it's too soon to write off China despite the structural headwindsWhat are the factors that contribute to economic growth and a robust stock market, and which emerging market countries display those factorsWhat are some ETFs to invest in countries with favorable economic tailwindsSponsorsUse code MONEY10 to get 10% off on your NAPA Autoparts online orderNordVPN – Click here for a special offerUse this link to post your job for free on LinkedIn JobsInsiders Guide Email NewsletterGet our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter.Show NotesState-Owned Enterprises Going Public: The Case of China by Xiaozu Wang, et al.—SSRNA Model of China's State Capitalism by Xi Li, et al.—SSRNHas China given up on state-owned enterprise reform? by Nicholas Borst—The InterpreterChina Regulator's New Slogan Fuels Buying Spree in State Firms by Bloomberg News—BloombergInvestors sour on Beijing's bid to boost state-owned enterprises by Sun Yu—The Financial TimesChina's 40-Year Boom Is Over. What Comes Next? by Lingling Wei and Stella Yifan Xie—The Wall Street JournalWhat just happened: Storm clouds loom for China's economy by Sebastian Mallaby, et al.—The Washington PostImminent end of ‘demographic dividend': Share of India's working age population set to fall by 2036 by Tca Sharad Raghavan—The PrintWhat's Holding Back India's Economic Ambitions? by Shan Li and Vibhuti Agarwal—The Wall Street JournalSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
David Cobb visited with Politics Done Right to remind the audience about the Decolonizing Economics summit. He also discussed end-state capitalism and much more. --- Send in a voice message: https://podcasters.spotify.com/pod/show/politicsdoneright/message Support this podcast: https://podcasters.spotify.com/pod/show/politicsdoneright/support
OPINION: Who's afraid of state capitalism? | Dec. 19, 2022Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe Visit our website at https://www.manilatimes.net Follow us: Facebook - https://tmt.ph/facebook Instagram - https://tmt.ph/instagram Twitter - https://tmt.ph/twitter DailyMotion - https://tmt.ph/dailymotion Subscribe to our Digital Edition - https://tmt.ph/digital Check out our Podcasts: Spotify - https://tmt.ph/spotify Apple Podcasts - https://tmt.ph/applepodcasts Amazon Music - https://tmt.ph/amazonmusic Deezer: https://tmt.ph/deezer Stitcher: https://tmt.ph/stitcherTune In: https://tmt.ph/tuneinSoundcloud: https://tmt.ph/soundcloud #TheManilaTimes Hosted on Acast. See acast.com/privacy for more information.
In Episode 149 of the CounterVortex podcast, Bill Weinberg notes that the UN Human Rights Office determination that China may be guilty of "crimes against humanity" in its mass detention of Uyghurs in Xinjiang province is dismissed by the tankie-left ANSWER Coalition as "propagadistic." Meanwhile, it falls to Radio Free Asia, media arm of the US State Department, to aggressively cover the very real conditions of forced labor faced by the Uyghurs and other Turkic peoples of Xinjiang—and how Western corporations benefit from it. While the Western pseudo-left betrays the Uyghurs, US imperialism exploits their suffering for propaganda against a rising China in the Great Game for the Asia-Pacific region. Figures such as Australia's Kevin Rudd incorrectly portray a "Return of Red China," blaming the PRC's increasingly totalitarian direction on a supposed neo-Marxism. Fortunately, the new anthology Xinjiang Year Zero offers a corrective perspective, placing the industrial-detention complex and techno-security state in the context of global capitalism and settler colonialism. Listen on SoundCloud or via Patreon. https://www.patreon.com/countervortex Production by Chris Rywalt We ask listeners to donate just $1 per weekly podcast via Patreon -- or $2 for our new special offer! We now have 50 subscribers. If you appreciate our work, please become Number 51!
This week we're re-airing our 2020 conversation with Wayne Price, longtime anarchist, author and then-member of Bronx Climate Justice North and the Metropolitan Anarchist Coordinating Council, or MACC, in New York City. Transcript PDF (Unimposed) - pending Zine (Imposed PDF) - pending From the original post: After reading his book, The Value Of Radical Theory: An Anarchist Introduction to Marx's Critique of Political Economy (AK Press, 2013), I became excited to speak to him about his views on anarchists engaging Marxist economic concepts and some of the historical conflicts and engagements between Marxism and Anarchism. We talk about his political trajectory from a pacifist Anarchist in high school, through Trotskyism and back to anarchy. Wayne talks about common visions of what an anarchist economy might look like, how we might get there, class and intersection of other oppressions, critique of State Capitalism. Wayne sees the oppressed of the world having a chance during this economic freeze to fight against re-imposition of wide-scale capitalist ecocide by building libertarian, anti-imperialist, anti-capitalist and heterogenous future societies in the shell of the old. You can find his books Anarchism & Socialism: Reformism or Revolution? available from at AKPress.Org and The Abolition Of The State: Anarchist & Marxist Perspectives (AuthorHouse, 2007) or through a fine, independent radical bookstore in your area that could use support. A reminder that AKPress published books, such as “The Value…” can be purchased in e-book format for free from AKPress.org. You can find some of Wayne's writing at this mirror of AnarchistLibrary, as well as at the site for the Platformist Anarkismo Network, Anarcho-Syndicalist Review, and The Utopian Journal (seemingly out of print). A transcript of this interview will be available soon at our website . ... . .. Featured Track: I'm So Bored with the U.S.A. by The Clash from The Clash
China is taking an authoritarian approach in its quest to be a dominant power in technology and global affairs. Silicon Valley innovator and former Under Secretary of State Keith Krach has a unique perspective on both aspects. Rob and Jackie sat down with him to discuss how China is impacting global market competition and what it means for U.S. competition policy. MentionedKeith Krach, “Present your China contingency plan at the next board meeting,” Fortune Magazine, April 2022.RelatedRobert D. Atkinson, “China's ‘State Capitalism' Is Not Capitalism” (ITIF, August 2021).Robert D. Atkinson, “A Remarkable Resemblance: Germany From 1900 to 1945 and China Today,” International Economy, January 20, 2021.Robert D. Atkinson, “Who Lost China?” (ITIF, July 2018).
The Black Spy, Carlton King, speaks with Ron Bienvenu about the future of world financial order and its geo-political consequences. The Black Spy Podcast, Season 3, Episode 0005 This is the third in a trilogy of podcasts about what really makes the world go round - Money (finances). How will the coming new financial order affect the world monetary system? How will it effect everyday life? How will you be effected? What part will Crypto, NFT's and the Blockchain play? And, geo-politically, what effect will this have on public order (disorder) globally and on individual nation states? All of these questions are considered with author of ‘The Fourth Shock', Ron Bienvenu, of Spear Point Capital. The previous two Black Spy Podcast episodes in this fiscal trilogy featured Peter Smith, a City of London investment banker, concerning how many moves, the functionality of financial data and its usage, with Mathew Harrowing a major tech expert and this week's episode with, Ron Bienvenu, observing the present and future role of venture capitalism, big data, NFTs Crypto Currency and the Blockchain. Finances are truly at the crossroad of power, its where industrial, monetary and military policy coalesses with the secret intelligence and national security outcomes that affect the life of everyday citizens and their finances; regardless of the prevailing political system. It matters not, if this political system is based on the aggressive Capital Democracy of the USA or the State Capitalism practiced in China. This is another Black Spy Podcast episode that you can't afford to miss. To contact the Black Spy or donate to The Black Spy Podcast use the following: To donate - Patreon.com/TheBlackSpyPodcast Email: carltonking2003@gmail. Facebook: The Black Spy Podcast Facebook: Carlton King Author Twitter: @Carlton_King Instagram: @carltonkingauthor To read Carlton's Autobiography: “Black Ops – The incredible true story of a British secret agent” Click the link below: https://www.amazon.co.uk/dp/BO1MTV2GDF/ref=cm_sw_r_cp_awdb_WNZ5MT89T9C14CB53651 Carlton is also available for speaking events. Use the contact details above.
While the importance of politics over economics has always been a key feature of China's economic system, many observers say that there has been a paradigm shift in how the CCP governs China's economy today. This new model is often described as party-state capitalism. To get a clearer picture of this new form of economic governance that is emerging in China, Johannes Heller-John is joined by Nis Grünberg, Senior Analyst at MERICS. Nis is the editor and one of the authors of the MERICS Paper on China on the “CCP's next century”. Read his chapter on "Party-state capitalism under Xi: integrating political control and economic efficiency".
You can support this podcast and get early releases and bonus content at https://www.patreon.com/aksubversive Or check out my writing and the early releases on Substack at https://alexkaschuta.substack.com/ I speak to the bête noire of Marxist commentary & nemesis of the dirtbag left, Aimee Terese about: Leaving the Left. Being "post-left" & the tyranny of political labels. Love for the little guy & the genius of small accounts. Being honest under weaponized dishonesty. Jordan Peterson, Steven Pinker & liberal "progress porn." "There are no more nazis or communists." Covert authoritarianism and the Right adopting enemy framing by default. Compulsory enjoyment & loving everyone (or else). Turning social dysfunction into GDP go BRRRRR. Climate change freaks & "the world will end in 12 years" millenarianism. Who is "the worker" in 2021? No real difference between market & state: State Capitalism gone global. Using individualism as a shield to ignore collective problems and reneging on our responsibility to each other. Indigenous rights in Australia and the tyranny of empty gestures. Her recommended subversive thinker is Rosa Luxemburg. Aimee is the co-host of the What's Left Podcast and can be found on Twitter @aimeeterese --- Send in a voice message: https://anchor.fm/aksubversive/message