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A state-capitalist country is one where the government controls the economy and essentially acts as a single huge corporation, extracting surplus value from the workforce in order to invest it in further production. [2] This designation applies regardless of the political aims of the state, even if the state is nominally socialist. [3]
The state controls approximately 55% of Russia's economy, and directly employs 20 million workers (28% of the workforce). Additionally, the existence of oligarchs in Russia makes the country non-capitalist. Is Japan capitalist? Yes, but in an altered form. Japan is a capitalist country in the form of "collective capitalism".
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What differences, if any, can one see between how the United States and other wealthy democracies interact in international organizations, and how democracies and authoritarian states interact in i...What lessons can be drawn from the impact of the 2008–2009 financial crisis on the ability of the United States and other democracies to promote rights and democracy worldwide? How much, if at all,...What are some of the reasons for the rise of elected autocrats in developing nations? How much of a role does statist economics play in the rise of elected autocrats? Is the trend of elected autocr...What would be an example of countries using state companies as weapons in international disputes? How might other nations respond? How should multinational corporations respond, if at all?Compare and contrast the development and political transitions of Indonesia and Thailand, two neighboring nations with relatively similar income levels. What factors account for their different pol...What are the prospects for successful democratic transition in Myanmar, which held its first successful national election in five decades in November 2015? What factors, including state control of...What lessons can be drawn from Norway’s ability to develop large, state owned enterprises that are relatively transparent and efficient? How much, if at all, can the “Norway model” be adapted to le...What lessons can be drawn from Singapore’s use of state funds to support nascent industries in sectors of the economy where there were shallow private capital markets? How much, if at all, could th...What lessons can be drawn from Indonesia’s example of political transition and applied to other developing nations in Asia? Pick specific lessons from the Indonesian experience and assess their app...What lessons can be drawn from the countries that went through the third wave of democratic transition—between 1974 and the mid-2000s—for countries that are facing democratic regression today? Offe...Argue why and how the U.S. federal government should adopt some of the economic policymaking strategies of the Chinese government.
Argue why and how the Chinese government should adopt some of the economic policymaking strategies of the U.S. federal government.
Examine countries that have combined high degrees of statist economics with successful democratic transitions—Indonesia, South Africa, Singapore, possibly Norway and other Scandinavian nations—and analyze what factors allowed them to democratize while remaining moderately restrictive of economic freedoms.
Argue pro and con of the resolution: Resolved: China could not have produced three decades of high growth, from the 1970s to the 2000s, without statist economics.
Anderson, Chris, The Long Tail: Why the Future of Business is Selling Less of More (New York: Hyperion, 2006). Anderson, Jonathan, “Beijing’s Exceptionalism,” The National Interest, March/April 2009, p. 23. Araujo, Heribierto and Cardenal, Juan Pablo, China’s Silent Army: The Pioneers, Traders, Fixers and Workers Who Are Remaking the World in Beiji...
Anderlini, Jamal, “How Long can the Communist Party Survive in China?” Financial Times,September 20, 2013, p. A7. “Chasing the Chinese Dream,” The Economist, May 4, 2013. Diamond, Larry, “Facing up to the Democratic Recession,” Journal of Democracy, January 2015, pp. 141-155. Diamond, Larry, Plattner, Mark, and Walker, Chris, eds., Authoritarianism...
- Joshua Kurlantzick
Capitalism is the dominant economic system in Western countries. In comparison, fewer countries use socialist economic systems. As of 2020, only Laos, China, Cuba, and Vietnam claimed to follow the principles of socialism as dictated by Marxist and Leninist theories. More often, however, it is difficult to label countries as solely capitalist ...
Feb 1, 2021 · The Virtual Special Issue on State Capitalism in International Context is posthumously dedicated to Mike Wright (1952-2019) who was the driving force behind the original ideas in the call for proposals, helped shape the overall contribution of the SI, and served as lead editor until his passing in late 2019.We are hugely indebted to him for this issue to come to life.The Virtual Special Issue ...
- Mike Wright, Geoffrey Wood, Aldo Musacchio, Ilya Okhmatovskiy, Anna Grosman, Jonathan P. Doh
- 2021
However, in less democratic countries like Thailand, Turkey, and Malaysia, state capitalism’s erosion of political freedom may lead to political instability. In young democracies such as Thailand and Malaysia, state capitalism could potentially put too much power in the hands of a few leaders and help corrode democratic culture and institutions.
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A Council on Foreign Relations Book. The rise of state capitalism is a defining feature of today's world order. As Kurlantzick warns, authoritarian regimes, like Russia and China, will use their ...
