State Platform Capitalism - 9781009446587

Name: State Platform Capitalism - 9781009446587
Brand: Cambridge University Press

Cambridge University Press

State Platform CapitalismThe United States, China, and the Global Battle for Digital Supremacy\nAuthor(s): Steve Rolf, Seth Schindler\nFormat: Paperback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9781009446587, 978-1009446587\nSynopsis\nGlobal 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 Element 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 incr.