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State-Owned Enterprises as Institutional Actors in Contemporary Capitalism and Beyond
94 pages, Hardcover
Published February 6, 2025
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January 8, 2026
State-Owned Enterprises as Institutional Actors in Contemporary Capitalism and Beyond, by Butzbach et al. is a quick read, coming in at under 70 pages. As a literature review, it is fantastic. As a descriptive work that illustrates the role of state-owned enterprises in economies across the globe, that describes the emergence of the new state capitalism from New York to Shanghai, Paris to Seoul, this book is great. It is unparalleled in brevity.
You will be able to get a grasp on what a state-owned enterprise is across national and multinational markets. In some economies, they’re held by one institution, some by many. In some economies, the state owns the whole share, in some a minority share, or in some cases only having some say in the election of boards. In many cases, it is a mix of all three, and then some.
My issues come from it being a work that tries, in some ways, to go beyond this, while remaining stuck in a capitalist logic, going so far as to admit a political economic and historical institutionalist analysis in trying to give guidance. My guidance is simple: whether enterprises are appendages of the state, semi-autonomous agents affiliated with the state, or loose from it, they must go. My criticism comes from my being a Marxist. This book gets three big booms, one small boom. Boom! Boom! Boom! Boom.
You will be able to get a grasp on what a state-owned enterprise is across national and multinational markets. In some economies, they’re held by one institution, some by many. In some economies, the state owns the whole share, in some a minority share, or in some cases only having some say in the election of boards. In many cases, it is a mix of all three, and then some.
My issues come from it being a work that tries, in some ways, to go beyond this, while remaining stuck in a capitalist logic, going so far as to admit a political economic and historical institutionalist analysis in trying to give guidance. My guidance is simple: whether enterprises are appendages of the state, semi-autonomous agents affiliated with the state, or loose from it, they must go. My criticism comes from my being a Marxist. This book gets three big booms, one small boom. Boom! Boom! Boom! Boom.
Displaying 1 of 1 review