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On capitalism's cusp

  • Jamie Peck

Research output: Contribution to journalArticlepeer-review

51 Citations (Scopus)

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 twosystems 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.
Original languageEnglish
Pages (from-to)1-30
Number of pages30
JournalArea Development and Policy
Volume6
Issue number1
DOIs
Publication statusPublished - 2021

Bibliographical note

Publisher Copyright:
© 2021 Regional Studies Association.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 17 - Partnerships for the Goals
    SDG 17 Partnerships for the Goals

Keywords

  • China
  • Hong Kong
  • capitalism
  • markets

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