Park & Doucette, ‘Financialization or Capitalization? Debating Capitalist Power in South Korea in the Context of Neoliberal Globalization’

Abstract The article reviews debates concerning financialization in South Korea, with a focus on ongoing arguments between liberal, post-Keynesian, institutionalist and Marxist economists. It argues that post-Keynesian and institutionalist perspectives in particular neglect important class processes through which the financial circuit operates within the Korean economy, especially the power of Korea‚Äôs large, family-led conglomerates, or […]

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Di Muzio, ‘Energy, Capital as Power and World Order’

Abstract Until late, the subject of energy and its importance for capitalism and the constitution and reconstitution of world order has been sorely overlooked in the international political economy (IPE) literature. Indeed, only two of the major textbooks in IPE have chapters on energy. This is also true of the literature known as classical political […]

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