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The state is back, and it means business. Since the turn of the twenty-first century, state-owned enterprises, sovereign funds, and policy banks have vastly expanded their control over assets and markets. Concurrently, governments of all stripes have experimented with increasingly assertive modalities of statism, from techno-industrial policies and spatial development strategies to economic nationalism and trade and investment restrictions. We are currently witnessing an historic arc in the trajectories of state intervention, characterised by a drastic reconfiguration of the state's role as promoter, supervisor, shareholder-investor, and direct owner of capital across the world economy. This has fundamental implications for the nature and operations of global capitalism and world politics.
Professor Adam Dixon, the Adam Smith Chair at Panmure House, will be joined by his co-author Dr Ilias Alami to discuss their new book The Spectre of State Capitalism (Oxford University Press, 2024), along with interventions from Dr Victoria Barbary (International Forum of Sovereign Wealth Funds), Jeremy Grant (Former Journalist at Financial Times), and Stephen Boyd (IPPR Scotland).
The book is free to download from Oxford University Press
Limited seats available, so be sure to secure your spot early.
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