Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 551038
Title State Capitalism Revisited: A Review of Emergent Forms and Developments
Author(s) Dolfsma, Wilfred; Grosman, Anna
Source Journal of Economic Issues 53 (2019)2. - ISSN 0021-3624 - p. 579 - 586.
DOI https://doi.org/10.1080/00213624.2019.1606653
Department(s) Business Management & Organization
Publication type Refereed Article in a scientific journal
Publication year 2019
Keyword(s) (Polanyi’s) double movement - SOMNCs - sovereign wealth funds - state capitalism - state-owned enterprises
Abstract

Abstract: Even when the neoliberal ideology of the free market was more dominant than it now is, the state was involved in economic activities that could be undertaken by private firms. State capitalism takes increasingly diverse forms, including beyond direct, partial or even indirect ownership. This paper briefly reviews some of these forms without claiming to be exhaustive as the shape state capitalism takes differs widely across the institutionalized contexts of countries. We assess state capitalism using Polanyi’s double movement framework and argue that this framework needs adaptation to novel forms of state capitalism that include, e.g., state-owned multinationals and sovereign wealth funds.

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