مقاله State capitalism and the rent-seeking conjecture : تی پی بین

خلاصه مقاله

The notion that state capitalism (an economic system “in which the state functions as the leading economic actor and uses markets primarily for political gain”) is a new form of capitalism emerging in the global arena has been recently advanced by several authors. This paper explores the problem of the nature of this system in the light of these claims to novelty. What are its main features as described by these authors? Is state capitalism distinctive from other forms of capitalism or other types of economic systems? Are we really witnessing the emergence of a new type of economic system? To address such questions the paper starts by trying to place the model of state capitalism within the traditional comparative economic systems framework. The inconclusive result leads to a different approach in which the concept of rent-seeking society is used to underlie the structural similarities between mercantilism, real life socialism and state capitalism. The article argues that the conjecture that what has been labeled “state capitalism” is yet another form of rent-seeking system is both robust and worth further investigating.

نویسندگان

Paul Dragos Aligica [ Mercatus Center, George Mason University, 3301 N. Fairfax Dr., Ste. 450, Arlington, VA, 22201, USA ]

Vlad Tarko [ Economics Department, Mercatus Center, George Mason University, 3301 N. Fairfax Dr., Ste. 450, Arlington, VA, 22201, USA ]

کلمات کلیدی

State capitalism Mercantilism Rent seek Comparative economic systems Political economy P10 P16 P20 P51 D72 F59

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مجموعه مقالات Constitutional Political Economy 2013

Constitutional Political Economy offers a forum for research in the broad area of constitutional analysis, which lies at the intersection of several approaches in modern economics, sharing a common interest in the systematic integration of the institutional dimension - the study of political, legal and moral institutions - into economic analysis.Grounded in economics, Constitutional Political Economy is explicitly interdisciplinary. It encourages exchange and dialogue extending across a range of social sciences, including law, philosophy, political science and sociology. The journal publishes theoretical and empirical research, as well as contributions to constitutional policy issues.Officially cited as: Const Polit Econ

حوزه های تحت پوشش : Political Science, general, Constitutional Law, Economic Theory