Economic historians may thus remember Trump 2.0 as the great accelerator of 21st-century state capitalism, a historically specific form of capitalism whereby the fusion of private and state capital reaches new heights.
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Neoliberalism changed many things in Australia. Unions are weaker. Inequality is higher. But exactly what changed is often surprising. The state did not shrink. Social spending did not decrease, nor did it become less redistributive. Household wealth has increased rapidly, but largely due to [...]
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Ruth Dukes and Wolfgang Streeck’s Democracy at Work: Contract, Status and Post-Industrial Justice is a welcome contribution to a new wave of thinking about industrial democracy, one that will hopefully help us reverse the historical trend and meaningfully implement industrial democratic [...]
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In my book, World Statehood: The Future of World Politics, I develop a new processual understanding of world statehood. I pose questions about world political integration, especially (1) whether and to what degree elements of world statehood exist today, (2) whether the development of further [...]
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COVID-19 temporarily re-made fiscal politics. States responded to the health threat by enacting a sudden and far-reaching contraction of the private sector, partly compensated by an unprecedented expansion of the public sector. The moves proved temporary, with a swift return to fiscal and [...]
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Political economists often place the state at the centre of explanations of change in capitalism. The emergence of a ‘welfare’ or ‘nation building’ state during the twentieth century reflects the advance of democratic movements and Keynesian inspired macroeconomic management. More recently [...]
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We are delighted and very grateful to receive the 2022 AIPEN Richard Higgott Prize for our article “COVID-19 and the failure of the neoliberal regulatory state,” published in the journal, Review of International Political Economy. It is getting harder to remember just how extraordinary, and [...]
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Our contemporary era of perpetual crises demands, we contend, a critical reappraisal of the state’s potential role, to supplant the predominant market-led responses to crisis, to advance a more equitable society. Historically, all major theories of the state—liberal and radical—have been [...]
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