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  • Will the global financial crisis of 2008 represent a symbolic juncture in the geo-economics of globalization? There are differing views, with some arguing that the Washington Consensus is dead, while others holding that the fundaments of the neo-liberal global order remain intact. This article engages with this debate by putting three distinct questions analytically prior: First, is there a political economic model that actually stands in contradistinction to the Washington Consensus and the neo-liberal global order? Second, if there is a potential challenge to the neo-liberal order, what exactly is it? And third, if such a challenge exists, what precisely is its nature and logic as it interacts with the neo-liberal global order? This article argues that there is, indeed, a challenger: refurbished forms of state capitalism. However, the nature and logic of the state capitalist challenge to the U.S.-centered neo-liberal system is fundamentally different from the Soviet challenge during the Cold War. Diverse formations of capitalism are co-dependent on the global level in the present era. Refurbished state capitalism is no exception. It represents an "in-system" challenge, since it does not attempt to actively undermine and supplant the neo-liberal order, but rather to gain influence over it. New forms of refurbished state capitalisms are thus simultaneously in symbiosis and in rivalry with the neo-liberal global order. (xsd:string)
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  • 2013 (xsd:gyear)
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  • 2013 (xsd:gyear)
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  • en (xsd:string)
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  • 2196-1395 ()
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  • 1 (xsd:string)
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  • The Challenge of Refurbished State Capitalism: Implications for the Global Political Economic Order (xsd:string)
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  • Zeitschriftenartikel (xsd:string)
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  • In: der moderne staat - dms: Zeitschrift für Public Policy, Recht und Management, 6, 2013, 1, 33-48 (xsd:string)
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  • urn:nbn:de:0168-ssoar-59228-2 ()
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  • 6 (xsd:string)