Rise of the Capital-state and Neo-Nationalism

Oleksandr Svitych is Assistant Professor at O.P. Jindal Global University, School of International Affairs. His overarching research orientation is critical political economy with a global perspective.

“Oleksandr Svitych’s The Rise of the Capital State and Neo-nationalism is an extraordinary contribution to our understanding of the current phenomena of populism and nationalism spreading across the globe. Instead of limiting his analysis to simple economic or cultural explanations, the author deftly combines both in a synthetic interpretation of the present conjuncture indebted to the insights of Karl Polanyi's The Great Transformation. Svitych distinguishes between right-wing neoliberalism, the response on the Right from authoritarian and neo-nationalist populists who favor some protection from market fundamentalism, and the more cosmopolitan, democratic, and egalitarian populism on the Left. His research and results illuminate the pathologies and possibilities in the current drift toward illiberal democracy and greater authoritarianism. This book is essential reading for understanding the dangers presented by demagogues and opportunists ready to exploit the genuine discontents of those left behind by capitalist globalization and the degradation of the welfare state.”——Ronald Grigor Suny, William H. Sewell, Jr. Distinguished University Professor of History, Professor of Political Science, University of Michigan | Emeritus Professor of Political Science and History, The University of Chicago“The rise of ‘populist’ political movements is a striking feature of modern politics. This book challenges simple interpretations of populism by digging deeper into the underlying political economic influences. It astutely blends political economic theory, statistical analysis, and country-specific case studies. It recasts conventional understandings of neoliberalism by considering the features of the ‘capital-state’ that have led people to seek alternatives in neo-nationalist movements. It extends Polanyi’s theory of the ‘double movement’ to show how cultural considerations have shaped these responses in different countries. Systematic, cogent and clearly written, this book has all the hallmarks of first-class social science. It deserves to be widely read by academics, students and citizens concerned with the future of democracy.”——Frank Stilwell, Professor Emeritus of Political Economy, University of Sydney“Why have nationalist movements, of reactionary and leftist stripes, thrived in our era of market-fundamentalist globalisation? And why have they gained traction in some countries but not others? Drawing on Polanyian theory, case study research and comparative statistical analysis, Oleksandr Svitych offers answers in this thought-provoking book. ——Gareth Dale, Reader in Political Economy, Brunel University“Populism, nationalism, and radicalism have been on the rise across the world. Svitych's book shows that the rise of all three are intimately connected to each other and that their combination in the hands of skillful political entrepreneurs amounts to a novel political project, neo-nationalism. In particular, Svitych shows how politicians exploit the state's retreat from regulating the market and the accompanying re-embedding of social life in a market society. The more society revolves around the market, the more opportunities for political entrepreneurs to combine populist, nationalist, and radical rhetorics to appeal to the legitimate grievances of ordinary citizens. By combining historical case-studies with large-n analysis and by synthesizing political science with Polanyian political economy, Svitych's book provides a valuable and timely explanation of how neo-nationalist politics gained ground around the world.——Kurtulus Gemici, One Hundred Talent Associate Professor, Department of Sociology, Zhejiang University

• AcknowledgmentsList of Figures and Tables1 Introduction A New Polanyian Moment1 The Argument2 Book Outline2 Bringing the Nation Back In1 What’s New in Neo-nationalism?2 Enter Populism and Radicalism3 Competing Neo-nationalisms4 Toward a Polanyian Explanation3 The Rise of the Capital-State1 A New Polanyian Moment2 Theorizing State Transformation under Globalization3 The Rise of the Capital-State4 Capital-State Index5 The Greatest Transformation4 Capital-State and Neo-nationalism Global Trends1 Neo-nationalism as a Protective Reaction2 Regression Analysis2.1 Aggregate Analysis2.2 Panel Data Analysis3 Interactive Models4 Conclusion5 The Post-socialist Capital-State Movement for a Better Hungary1 The Post-socialist Capital State2 Perceptions of the Transformation2.1 Nostalgic2.2 Deprived2.3 Status-Frustrated3 Jobbik: Appeal and Politicization4 Institutional Change, Social Demand, and Political Supply6 The Liberal Capital-State One Nation Party1 Perceptions of the Transformation2 One Nation Party: Closed Supply7 The Post-dirigiste Capital-State National Front1 The Post-dirigiste Capital-State2 Perceptions of the Transformation3 National Front: Appeal and Politicization8 The Developmental Capital-State Korean Progressivism1 Institutional Change and Continuity2 Progressivism in Lieu of Neo-nationalism9 Conclusion The Pandemic and Beyond1 The Neo-nationalist Blowback against the Capital-State2 Contributions and Implications3 The covid Capital-State and Neo-nationalismAppendicesGlossaryBibliographyIndex