The relationship between multinational companies, state owned enterprises and state capitalism the case of China
Romano, Nesim Şay
Abstract
Open-access reader
Romano, Nesim Şay
Abstract
Open-access reader
The rise of neoliberal policies in the last century have influenced the whole world, sectors of society in the balance of supply and demand dynamics have been completely changed.The increasing effects of the transnational companies in this context have discovered its role in relation to the nation states.This thesis has focused on the change that caused the transfer of multi-national capital from nation states to the state owned enterprises in the case of China.Private actors have came to the forefront when the transnational capital become the global power in the international arena.In the case of China, multinational corporations have changed their directions to the East Asia which includes some of the world's most significant and various political economies.From 1970's to the 2000's the world witnessed the increasing power struggle between the United States and its rivals China and USSR.The relation between multi-national capital, Chinese state owned enterprises and state capitalism in China will be discovered through depth journal exercises; articles, academic books and graphs.Without understanding the concepts of hegemony, historic bloc, cooptation and the passive revolution it is very difficult to analyze and grasp the international political economy.The study claims we can only find the detail explanations of power struggle in the theory of Gramsci and Neo Gramscians such as Robert Cox and Stephen Gill.Neo Gramscian approachwill only be used to explain the relationship between state owned enterprises, multi-national companies and state capitalism in China as it figures out the transnational historical materialism which is a method to understand the three elements.
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The rise of neoliberal policies in the last century have influenced the whole world, sectors of society in the balance of supply and demand dynamics have been completely changed.The increasing effects of the transnational companies in this context have discovered its role in relation to the nation states.This thesis has focused on the change that caused the transfer of multi-national capital from nation states to the state owned enterprises in the case of China.Private actors have came to the forefront when the transnational capital become the global power in the international arena.In the case of China, multinational corporations have changed their directions to the East Asia which includes some of the world's most significant and various political economies.From 1970's to the 2000's the world witnessed the increasing power struggle between the United States and its rivals China and USSR.The relation between multi-national capital, Chinese state owned enterprises and state capitalism in China will be discovered through depth journal exercises; articles, academic books and graphs.Without understanding the concepts of hegemony, historic bloc, cooptation and the passive revolution it is very difficult to analyze and grasp the international political economy.The study claims we can only find the detail explanations of power struggle in the theory of Gramsci and Neo Gramscians such as Robert Cox and Stephen Gill.Neo Gramscian approachwill only be used to explain the relationship between state owned enterprises, multi-national companies and state capitalism in China as it figures out the transnational historical materialism which is a method to understand the three elements.
Key concepts: Multinational corporation, China, Capitalism, State capitalism, State owned, State (computer science), Business, Economic system