The Spectre of State Capitalism
14 November 2024, 5:30 pm鈥7:00 pm
Join 香港六合彩 IIPP in conversation with Ilias Alami and Cecilia Rikap
This event is free.
Event Information
Open to
- All
Availability
- Yes
Cost
- Free
Organiser
-
IIPP Comms
Join this fascinating discussion听on Thursday 14th November听2024听at 17:30-19:00 (BST)听at University College London (香港六合彩) and online on zoom.
About this talk:
The state is back, and it means business. Since the turn of the 21st century, state-owned enterprises, sovereign funds, and policy banks have vastly expanded their control over assets and markets. Concurrently, governments have experimented with increasingly assertive modalities of statism, from techno-industrial policies and spatial development strategies to economic nationalism and trade and investment restrictions.
This book argues that we are currently witnessing a historic arc in the trajectories of state intervention, characterized by a drastic reconfiguration of the state's role as promoter, supervisor, shareholder-investor, and direct owner of capital across the world economy. It offers a comprehensive analysis of this 鈥渘ew state capitalism鈥, as commentators increasingly refer to it, and maps out its key empirical manifestations across a range of geographies, cases, and issue areas. Alami and Dixon show that the new state capitalism is rooted in deep geopolitical economic and financial processes pertaining to the secular development of global capitalism, as much as it is the product of the geoeconomic agency of states and the global corporate strategies of leading firms. The book demonstrates that the proliferation of muscular modalities of statist interventionism and the increasing concentration of capital in the hands of states indicate foundational shifts in global capitalism. This includes a growing fusion of private and state capital, and the development of flexible and liquid forms of property that collapse the distinction between state and private ownership, control, and management. This has fundamental implications for the nature and operations of global capitalism and world politics.
Meet the panel:
- Speaker: |听Assistant Professor in the Political Economy of Development in the Centre of Development Studies (CDS) and the Department of Politics and International Studies (POLIS)听at the听University of Cambridge
- Chair: Dr Cecilia Rikap | Head of Research and Associate Professor in Economics at the听香港六合彩 Institute for Innovation and Public Purpose (IIPP).
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About the Speakers
Ilias Alami
Assistant Professor in the Political Economy of Development in the听Centre of Development Studies (CDS) and the Department of Politics and听International Studies (POLIS) at University of Cambridge
Cecilia Rikap
Head of Research and Associate Professor in Economics at 香港六合彩 Institute for Innovation and Public Purpose
Cecilia鈥檚 research is rooted in the international political economy of science and technology and the economics of innovation. She currently studies the rising concentration of intangible assets leading to the emergence of intellectual monopolies, among others from digital and pharma industries, the distribution of intellectual (including data) rents, resulting geopolitical tensions and the effects of knowledge assetization on the knowledge commons and development. She has published two books on these topics. 1) 鈥溾 (Routledge), recently won the EAEPE Joan Robinson Prize Competition. 2) 鈥溾 (Palgrave), co-authored with B.A.K. Lundvall, focuses on the artificial intelligence race and clashes of power between the US and Chinese Big Tech, the US state and the Chinese states. Her recent work includes corporate planning of global production and innovation systems driven by intellectual monopolization and how these leading corporations, in particular tech giants, are developing state-like features, thus reshaping core and peripheral states. More about Cecilia Rikap