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What is “Authoritarian” about Authoritarian Capitalism? The dual erosion of the private-public divide in state-dominated business systems

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journal contribution
posted on 19.12.2019, 09:35 by Dorottya Sallai, Gerhard SchnyderGerhard Schnyder
The “return of the state” as an economic actor has left scholars at a lack of theoretical tools to capture the characteristics of state-dominated business systems. This is reflected in the fact that any type of state intervention in the economy is too easily qualified as a sign of “authoritarian capitalism,” which has led scholars to lump together countries as diverse as China, Singapore, and Norway under that heading. Rather than considering any type of state intervention in the economy as authoritarian, we propose a more sophisticated conceptualization, which distinguishes two boundaries between the public and the private domains and conceives of the “return of the state” as the erosion of one or both of them. This conceptualization allows us to clearly distinguish a shift from an ideal-typical market-based “regulatory capitalism” to “state capitalism” or “authoritarian capitalism” respectively. We use interview data with business leaders in an extreme case of the return of the state to identify the nature of the mechanisms by which an authoritarian government erodes these public-private divides. We argue that a focus on these constitutive mechanisms of the erosion of public- private divides allows us to define “authoritarian capitalism” in a way that makes it a useful tool to understand contexts beyond the Chinese case in which it first emerged.

History

School

  • Loughborough University London

Published in

Business and Society

Volume

60

Issue

6

Pages

1312-1348

Publisher

SAGE Publications

Version

AM (Accepted Manuscript)

Rights holder

© The Authors

Publisher statement

Users who receive access to an article through a repository are reminded that the article is protected by copyright and reuse is restricted to non-commercial and no derivative uses. Users may also download and save a local copy of an article accessed in an institutional repository for the user's personal reference. For permission to reuse an article, please follow our Process for Requesting Permission. This paper was accepted for publication in the journal Business and Society and the definitive published version is available at https://doi.org/10.1177/0007650319898475.

Acceptance date

31/10/2019

Publication date

2020-01-15

Copyright date

2021

ISSN

0007-6503

eISSN

1552-4205

Language

en

Depositor

Dr Gerhard Schnyder Deposit date: 18 December 2019