Servants of the state or masters of capital? Thinking through the class implications of state-owned capital

Dados Bibliográficos

ID6049984
AutoresNathan Sperber (0000-0002-5099-4651, Fudan University, autor correspondente)
Ano2022
Volume28
Fascículo3
Páginas264-284
Data de publicação2022-05-27
Open AccessNão
TipoARTICLE
PeriódicoContemporary Politics (JOURNAL)
Identificadores do periódicoISSN: 1356-9775 • E-ISSN: 1469-3631
EditoraInforma UK Limited (PUBLISHER • GB)
DOI10.1080/13569775.2021.2022323
OpenAlexW4205166118
IdiomaEN
Citações recebidas5
Referências citadas58

The emergent literature on 'new state capitalism' has offered little in terms of class analysis so far. This stands in contrast with prior twentieth-century writings which had sought to retool Marxist class theory to highlight the ambivalent position of the 'state class' in settings where the state owned large concentrations of productive capital. This article sets out a novel conceptual framework for analyzing the class situation of officials and executives embedded in government and state-owned enterprises. Overseers and managers of state-owned capital should be understood as Janus-faced actors, participating simultaneously in political and economic fields, articulating political hierarchy with power over capital. Furthermore, fractions inside the state can be identified in so far as the authority to operate, and to allocate, capital is distributed unevenly within the state's ruling stratum. As an illustration, an examination of the class ramifications of central-level SOEs in China is provided

Capital (architecture · Capitalism · China · Class (philosophy · Class conflict · Economic system · Economics · Government (linguistics · Hierarchy · Market economy · Marxist philosophy · Political economy · Political science · Politics · Ruling class · Sociology · State (computer science · Elite Sociology and Global Capitalism · Law · Political and Economic history of UK and US · State Capitalism and Financial Governance

Ferramentas

Abrir DOI