State platform capitalism : the United States, China, and the global battle for digital supremacy /
Rolf, Steve,
State platform capitalism : the United States, China, and the global battle for digital supremacy / Steve Rolf, Seth Schindler. - 1 online resource (87 pages) : illustrations (colour), digital, PDF file(s). - Cambridge elements. Elements in reinventing capitalism, 2634-8950 . - Cambridge elements. Elements in reinventing capitalism, Cambridge elements. .
Includes bibliographical references.
Open access.
Global capitalism is being reshaped by two major trends. States have become increasingly interventionist, reshaping their economies in response to crises and geopolitical tensions. Secondly, digital platform giants have emerged from the US and China that concentrate political economic power in private hands. This volume argues that these trends are increasingly symbiotic. Digital platforms are being folded into the spiralling rivalry between the US and China. As states tap into their extraterritorial governance capacities by exerting control over platforms, platform firms leverage state support to pursue and expand their internationalization strategies. Therefore, the US-China rivalry is increasingly being fought at the level of the technology stack, a dynamic the authors call state platform capitalism. The book examines four fields in which this novel regime of competition is at play.
Specialized.
9781009446594 (ebook)
10.1017/9781009446594 doi
Information technology--Economic aspects.
Multi-sided platform businesses.
Economic policy--Political aspects.
Business enterprises.
Capitalism.
United States--Relations--China.
China--Relations--United States.
HC79.I55 / R6 2025
338.7
State platform capitalism : the United States, China, and the global battle for digital supremacy / Steve Rolf, Seth Schindler. - 1 online resource (87 pages) : illustrations (colour), digital, PDF file(s). - Cambridge elements. Elements in reinventing capitalism, 2634-8950 . - Cambridge elements. Elements in reinventing capitalism, Cambridge elements. .
Includes bibliographical references.
Open access.
Global capitalism is being reshaped by two major trends. States have become increasingly interventionist, reshaping their economies in response to crises and geopolitical tensions. Secondly, digital platform giants have emerged from the US and China that concentrate political economic power in private hands. This volume argues that these trends are increasingly symbiotic. Digital platforms are being folded into the spiralling rivalry between the US and China. As states tap into their extraterritorial governance capacities by exerting control over platforms, platform firms leverage state support to pursue and expand their internationalization strategies. Therefore, the US-China rivalry is increasingly being fought at the level of the technology stack, a dynamic the authors call state platform capitalism. The book examines four fields in which this novel regime of competition is at play.
Specialized.
9781009446594 (ebook)
10.1017/9781009446594 doi
Information technology--Economic aspects.
Multi-sided platform businesses.
Economic policy--Political aspects.
Business enterprises.
Capitalism.
United States--Relations--China.
China--Relations--United States.
HC79.I55 / R6 2025
338.7