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Geopolitics and the 'New' State Capitalism

Lookup NU author(s): Dr Ingrid A. MedbyORCiD



This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License (CC BY-NC-ND).


© 2021 The Author(s). Published with license by Taylor & Francis Group, LLC. We may be witnessing the emergence of a new ‘state capitalist’ normal, a term this Forum proposes to problematise in its geopolitical dimensions. The growing prevalence of state-sponsored entities (encompassing state enterprises, policy banks, and sovereign wealth funds) as leading vehicles of economic activity is a defining feature of our times. This reassertion of state authority is altering configurations of state and corporate power across the world economy while generating a multiplicity of geopolitical tensions. This Forum reflects upon what it means, theoretically, methodologically, and politically, to articulate a geopolitics of contemporary state capitalism. It brings together interventions which draw on various theoretical approaches, including critical political geography, historical materialism, geographical political economy, and power structure research, in order to probe into the multiple spatialities at the core of contemporary state capitalism. The contributions aim to destabilise the assumptions and taken-for-granted ideas which have largely framed the debate thus far, including problematic binaries such as liberal/illiberal, state/market, commercial/geopolitical logics, and realist narratives of interstate power-maximising behaviour. Studying the (geo)political re-organisation of global capitalism requires moving beyond the castigation of a ‘rogue’ state capitalism as well as narratives of a clash between rival political-economic models, and disassembling the category state capitalism.

Publication metadata

Author(s): Alami I, Dixon AD, Gonzalez-Vicente R, Babic M, Seung-Ook Lee, Medby IA, Graaff ND

Publication type: Article

Publication status: Published

Journal: Geopolitics

Year: 2021

Volume: 27

Issue: 3

Pages: 995-1023

Online publication date: 29/07/2021

Acceptance date: 02/04/2018

Date deposited: 11/08/2021

ISSN (print): 1465-0045

ISSN (electronic): 1557-3028

Publisher: Routledge


DOI: 10.1080/14650045.2021.1924943


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