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Ilias Alami and Adam D. Dixon, "The Spectre of State Capitalism" (Oxford UP, 2024)

New Books in Critical Theory

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Exploring State Capitalism

This chapter examines the rise of state capitalism in the aftermath of the 2008 financial crisis, focusing on the resurgence of state involvement in global economies, particularly in China and the Gulf states. The speakers discuss their academic backgrounds, their collaborative project on political economy, and the complexities of analyzing capitalism today. They critique the simplistic dichotomy between liberal democracies and authoritarian states, highlighting historical misconceptions surrounding the dynamics of state intervention in both Eastern and Western economies.

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