TY - BOOK AU - Rolf,Steve AU - Schindler,Seth TI - State platform capitalism: the United States, China, and the global battle for digital supremacy T2 - Cambridge elements. Elements in reinventing capitalism, SN - 9781009446594 (ebook) AV - HC79.I55 R6 2025 U1 - 338.7 23 PY - 2025/// CY - Cambridge PB - Cambridge University Press KW - Information technology KW - Economic aspects KW - Multi-sided platform businesses KW - Economic policy KW - Political aspects KW - Business enterprises KW - Capitalism KW - United States KW - Relations KW - China N1 - Includes bibliographical references; Open access; Specialized N2 - 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 UR - https://doi.org/10.1017/9781009446594 ER -