Small groups of investors and their private armies
The Ascendance of Private Equity Firms and Their Control Over Private Military Companies as Further Evidence of Epochal Change Theory
Bibliographic Data
| ID | 5724030 |
|---|---|
| Authors | Bryan Stinchfield (0000-0003-4497-0888, Franklin & Marshall College, corresponding author), Bryan T Stinchfield (Franklin & Marshall College) |
| Year | 2020 |
| Volume | 31 |
| Issue | 1 |
| Pages | 106-130 |
| Publication date | 2020-01-02 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Small Wars and Insurgencies (JOURNAL) |
| Journal identifiers | ISSN: 0959-2318 • E-ISSN: 1743-9558 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/09592318.2020.1672967 |
| OpenAlex | W2990248051 |
| Language | EN |
| Citations received | 1 |
| References cited | 4 |
Compelling trends in international affairs, such as the rise of private military companies (PMCs) and the increasing fragility of many nation-states, have caused some observers to question whether the state-centric, Westphalian world-order will exist in perpetuity. In this light, epochal change theory posits that world-orders have constantly changed and we are now witnessing a transition to a new one. In this paper, I discuss how small groups of private equity investors now control impressive war-fighting capabilities, and that this acquisition of PMCs by private equity firms is further evidence of epochal change theory
Business · Economics · Market economy · Perpetuity · Political economy · Political science · Private equity · Private equity firm · Private investment in public equity · Law · Private Equity and Venture Capital · State Capitalism and Financial Governance · Finance
| Unique citing works | 1 |
|---|---|
| Citations per year | 0.25 |
| Citation span | 2022 - 2022 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |