scholarly journals State-capitalism and Globalization – a challenge to whom?

2012 ◽  
Vol 2 (2) ◽  
pp. 119 ◽  
Author(s):  
Dr.Sc. Henrique Schneider
Keyword(s):  
Economic System ◽  
Authoritarian Rule ◽  
Market Outcomes ◽  
State Capitalism ◽  
Institutional Economic ◽  
Social Combination

State-capitalism is an economic system in which governments manipulate market outcomes for political purposes. Governments embrace state-capitalism because it serves political as well as economic purposes—not because it’s the most efficient means of generating prosperity. This paper examines the institutional, economic and social combination in which state-capitalism is possible and contributes to prosperity. It is argues that state-capitalism works best under authoritarian rule because there is no constituency to provide for. However, this article also argues that state-capitalism has fundamental flaws

scholarly journals NEGARA KESEJAHTERAAN (WELFARE STATE) DALAM PANDANGAN ISLAM DAN KAPITALISME

2016 ◽  
Vol 5 (1) ◽  
pp. 13
Author(s):  
Ariza Fuadi
Keyword(s):  
Economic Development ◽  
Welfare State ◽  
Social Control ◽  
Economic System ◽  
State Capitalism ◽  
Material Development ◽  
The People ◽  
State Welfare

Abstract Etimologically, the term of welfare state consists of two words welfare and state. Welfare means prosperity or safety, and state is defi ned as an agency of the society that having a power to control the relation of people and produce the symptoms of power within the society. The term of welfare state is often called in bahasa as negara kesejahteraan. The term of welfare state was used in English by Archbishop York from UK in 1940 as the response and resistance of warfare state from Nazi Hitler in Germany. Welfare state was conducted fi rstly in Europe and US. This program has been conducted to improve the economic system of capitalism more compassionate and to protect the weak within the society as the result of “wickedness” of capitalism. However, the program of welfare state, as time goes by, that has been conducted by capitalism has not worked to create prosperity for the people. The poverty and injustice are still happening until now. These are happening since the misleading of capitalism that only focuses on the increase economic development towards the existence of state creating social prosperity within the society. Therefore, besides material development, Islamic welfare state also focuses on the moral material aspect without followed by spiritual uplift. It is different from Islamic welfare state that gives the interrelated comprehensive concept. This linkage consists of the roles of state and religion to aspect as a social control for the human prosperity. Keywords: Welfare State, Capitalism, Islam

Conclusion

2020 ◽  
pp. 303-316
Author(s):  
Mark R. Beissinger
Keyword(s):  
Economic System ◽  
Authoritarian Rule ◽  
External Influences ◽  
Institutional Differences ◽  
External Sources ◽  
Sources Of Support ◽  
Global Fluctuations ◽  
The Impact ◽  
Foreign Ideas ◽  
Civil Societies

Russia and China took fundamentally different approaches to authoritarian rule beginning in the 1980s. But there is another dimension to the divide of the 1980s that has rendered. Chinese and Russian authoritarianisms increasingly similar: their common embrace of globalization. Both regimes established statist versions of globalization that seek to contain the impact of external influences and global fluctuations even while integrating into the global economic system. Even while globalizing, both have engaged in similar efforts to regulate their civil societies, cut them off from external sources of support, inoculate citizens against foreign ideas, and utilize globalization to their advantage. In their congruent handling of the challenges posed by globalization, Chinese and Russian authoritarianism may in fact be converging toward common forms of domination that render the institutional differences between competitive and non-competitive forms of authoritarianism moot.

On the Nature of the Chinese Economic System

2018 ◽  
pp. 32-43
Author(s):  
Zhiming Long ◽  
Rémy Herrera ◽  
Tony Andréani
Keyword(s):  
Economic System ◽  
Present Article ◽  
State Capitalism ◽  
Considerable Debate ◽  
The Many ◽  
System Today

There is considerable debate within China about the nature of the economy, including recognition of tendencies toward state capitalism. Consequently, most writers focus theorization of the many possible paths the economy could take—whether toward or away from capitalism. The present article takes a step further, arguing that the Chinese system today still contains some key components of socialism and is compatible with a market, or market-based, socialism that is clearly distinct from capitalism.

scholarly journals Economic sustainability in the era of complex technological systems: a fresh approach

2020 ◽  
Vol 208 ◽  
pp. 03032
Author(s):  
Svetlana Orekhova ◽  
Marina Evseeva
Keyword(s):  
Economic Growth ◽  
Economic Theory ◽  
Property Rights ◽  
Economic System ◽  
Technological System ◽  
Economic Sustainability ◽  
Technological Systems ◽  
Institutional Economic ◽  
Sustainable Economic Growth ◽  
Theory Of Complexity

The article presents a view on the structure and stability of the economic system through the prism of interconnected technologies. Based on the genesis of the term “technology”, as well as methodological provisions of the theory of complexity and neo-institutional economic theory, the concept of “technological system” as a special mechanism for coordination is introduced. Technology is considered as a system of interspecific resources and institutions. The boundaries of technological systems are defined by a bundle of interrelated technologies that function continuously through the implementation of self-executing institutional agreements. Four distinguished types of technological systems differ in the distribution of the bundle of property rights and the level of centralization.It is shown that the introduction of the concept of “technological systems” into scientific circulation will expand the understanding of mechanisms ensuring sustainable economic growth.

Business-groups in Russian industries

2004 ◽  
pp. 121-134 ◽  
Author(s):  
S. Avdasheva
Keyword(s):  
Industrial Organization ◽  
Economic System ◽  
Institutional Economics ◽  
Business Groups ◽  
Control Rights ◽  
Organization And Management ◽  
Russian Economy ◽  
Main Determinants ◽  
Soviet Economic System

The chapter of “Institutional Economics” textbook is devoted to the development of business-groups as a specific feature of industrial organization in the Russian economy. The main determinants of forming and functioning of business-groups such as allocation of property rights in Soviet enterprises, networks of directors and executive authorities in the Soviet economic system as well as import of new institutes and inefficient state enforcement are in the center of analysis. Origins, structure, organization and management within the groups and the role of shareholding and informal control rights are considered.

Russia in 2000-2004: Heading towards State Capitalism?

2004 ◽  
pp. 42-65 ◽  
Author(s):  
A. Radygin
Keyword(s):  
The State ◽  
Private Business ◽  
Private Companies ◽  
State Capitalism ◽  
The Government

The paper deals with one of the characteristic trends of the 2000s, that is, the government's property expansion. It is accompanied by attempts to consolidate economic structures controlled by the state and state-owned stock packages and unitary enterprises under the aegis of holdings. Besides the government practices selective severe enforcement actions against a number of the largest private companies, strengthens its control over companies with mixed capital and establishes certain informal procedures of relationships between private business and the state. The author examines the YUKOS case and the business community's actual capacity to protect its interests. One can argue that in all likelihood the trend to the 'state capitalism' in its specific Russian variant has become clearer over 2003-2004.

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