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Government, State and Big Business - How big business exercises political power and how we challenge it - class two
In this second class, we look at how the state’s role has changed with the development of capitalism over the 20th century and into the beginning of the 21st. While it has maintained its role as the upholder of private property and continued to present itself as a neutral arbiter, the state has also become a major economic agent with a key role in capitalist economies. Introducing the concept of ‘state monopoly capitalism’ we’ll look at how the state’s role in the economy has developed and address the question of how the state works in the era of neoliberalism.
This course is led by Dr Jonathan White.