{"title":"On capitalism’s cusp","authors":"J. Peck","doi":"10.1080/23792949.2020.1866996","DOIUrl":null,"url":null,"abstract":"ABSTRACT The paper presents a critique of persistent tendencies in (macro)economic theorizing to draw binary distinctions between states and markets, and between liberal-market capitalism and its (more statist) others. Against this dichotomous perspective, a case is made for conjuncturally sited investigations of reconfigured capitalisms and recombinant economic forms. The ambitious scheme to construct a ‘Greater Bay Area’ (GBA) in China’s Pearl River Delta, with its inchoate remit to transcend the two-systems divide between ‘free market’ Hong Kong and the ‘state capitalism’ of the mainland, is taken as a case in point. The GBA scheme entails the construction of a new political economic scale, imagined as a developmental horizon and as a space for experimentation in economic statecraft.","PeriodicalId":31513,"journal":{"name":"Area Development and Policy","volume":null,"pages":null},"PeriodicalIF":1.8000,"publicationDate":"2021-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/23792949.2020.1866996","citationCount":"26","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Area Development and Policy","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/23792949.2020.1866996","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"DEVELOPMENT STUDIES","Score":null,"Total":0}
引用次数: 26
Abstract
ABSTRACT The paper presents a critique of persistent tendencies in (macro)economic theorizing to draw binary distinctions between states and markets, and between liberal-market capitalism and its (more statist) others. Against this dichotomous perspective, a case is made for conjuncturally sited investigations of reconfigured capitalisms and recombinant economic forms. The ambitious scheme to construct a ‘Greater Bay Area’ (GBA) in China’s Pearl River Delta, with its inchoate remit to transcend the two-systems divide between ‘free market’ Hong Kong and the ‘state capitalism’ of the mainland, is taken as a case in point. The GBA scheme entails the construction of a new political economic scale, imagined as a developmental horizon and as a space for experimentation in economic statecraft.