Student Research Paper
Date of Creation
In the modern day, many nations have instituted State Capitalist policies to grow their economies and increase their international influence. To evaluate the efficacy of this strategy, this paper analyzes the historical impacts of State Capitalism, as well as its effects upon economic concepts, including competition and innovation. This work also analyzes the ways in which State Capitalist policies have negatively impacted the international reputations of nations such as Russia and China and explores the specific national characteristics and circumstances that are required to truly alter the global power structure. Ultimately, the work concludes that state capitalism is unlikely to lead to large-scale changes in the international system, as it diminishes a nation’s reputation, provides no avenue for enhanced influence in international institutions, and is not impactful enough to open up the opportunity for global change.
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This work is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 4.0 License.
Woods, Michael R., "State Capitalism’s Inability to Alter the Global Power Structure" (2022). Student Publications. 1041.