O'Reilly logo

Capitalist Restructuring and the Pacific Rim by Ravi Palat

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

3 The making of industrial behemoths

Patterns of state intervention and industrial organization

 

Presciently anticipating theorists of the ‘developmental state,’ Friedrich List had argued in 1885 that in ‘less advanced nations … a perfectly developed manufacturing industry, an important mercantile marine, and foreign trade on a really large scale, can only be attained by means of the interposition of the power of the State’ (quoted in Leftwich, 1995: 401). Similarly, Alexander Gerschenkron (1962) concluded from a study of pat-terns of ‘late industrialization’ that state intervention in ‘relatively backward’ countries was especially important because the average size of plants needed to be larger precisely when capital was scare. Building on ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required