Reconfiguring Regimes of Capitalist Integration: Hungary Since the 1970s

Gagyi, Ágnes; Gerőcs, Tamás

doi:10.1007/978-3-030-78915-2_7

Cited by 17 publications

(1 citation statement)

References 28 publications

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“…For (semi-)peripheral countries, this broader process has resulted in a push to rethink and redefine their current incorporation into global capitalism and their dependency on the core regimes of capital accumulation. Hence, in our understanding, the BBRC project is not only important in and of itself, but is also a potential trigger for other similar projects between China and Europe – or even for the emergence of a larger ecosystem of Chinese investments in (Eastern) Europe (Gagyi and Gerőcs, 2021). For example, according to one of our expert interviewees, preparatory work for the BBRC triggered a correspondence between a Chinese SOE (CRDC) and the Hungarian Chamber of Civic Engineers about potentially modifying existing regulations to allow Chinese engineers to work on Hungarian projects at large.…”

Section: The Case Of the Budapest-belgrade Railway Constructionmentioning

confidence: 99%

State, capitalism and infrastructure-led development: A multi-scalar analysis of the Belgrade-Budapest railway construction

Szabó¹,

Jelinek²

2023

Environ Plan A

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The 2008 financial crisis allowed for the rising power of China to expand deeper into more (semi-)peripheral regions: in the past decade, the role of China and Chinese SOEs has increased markedly in Eastern Europe. This has been in step with China's geopolitical and geoeconomic expansion, hallmarked by the Belt and Road Initiative; the reconstruction of the Belgrade-Budapest railway line constitutes one of its flagship projects in Europe. This paper aims to explore the complexities of the current reconfiguration of state-capital nexus through an empirical analysis of this particular development project; in doing so, we hope to contribute to the scholarly debate about the heuristic use of ‘new’ state capitalism in three specific ways. First, instead of conceptualizing the state as a territorially confined power container, we propose to scrutinize the state-capital nexus from a multi-scalar and relational perspective. Second, we claim that the study of funding, financing and governing of large-scale infrastructural investments is a fruitful analytical entry point to theorize the changing relations between ‘state’ and ‘capital’. Finally, we argue that from the perspective of contemporary shifts in global power structures, the emergence of state capitalist modalities in the Eastern peripheries of Europe should be understood as a ‘co-production’ of the geopolitical rivalry and elite capture of domains of infrastructure. In terms of methodology, in order to show how state-capital relations are produced, enacted and redrawn, the study builds on the analysis of media sources, policy documents, company networks, semi-structured interviews, and non-participant observations.

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Section: The Case Of the Budapest-belgrade Railway Constructionmentioning

confidence: 99%

State, capitalism and infrastructure-led development: A multi-scalar analysis of the Belgrade-Budapest railway construction

Szabó¹,

Jelinek²

2023

Environ Plan A

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FX mortgages in Hungary: political crisis and capitalist reconstruction

Gagyi¹

2023

City

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Flexible Authoritarianism

Schwenck

2023

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Flexible Authoritarianism challenges the idea that the transnational rise of authoritarianism is a backlash against economic globalization and neoliberal capitalism. Flexible authoritarianism—a form of government that simultaneously incentivizes a can-do spirit and suppresses dissent—reflects the resonances between authoritarian and neoliberal ideologies in the contemporary return of strongman rule. The book conveys the look and feel of flexible authoritarianism in Russia through the eyes of up-and-coming youth. Because politicians use neoliberal techniques to perpetuate authoritarian ends (and vice versa), which accounts only partially for the persistence of a flexible authoritarian regime, my analysis focuses on meaning-making processes, cultural forms, and public stories that lead people to tolerate, accept, or even embrace authoritarian practices and neoliberal techniques. Drawing on field observations, in-depth interviews, and analyses of documents and video clips, the book demonstrates how flexible authoritarianism is stabilized ideologically by the cultural codes of cool start-up capitalism, public stories such as those portraying patriotism as a precondition for development, and familiar cultural forms such as the summer camp. It critically evaluates how loyalty to the regime—the order underlying political and economic life in a polity—is produced and contested among those young people who seek key positions in politics, business, the public sector, or the creative industries. While these potential strategic elites, striving to attain the conveniences enjoyed by the middle classes in economically prosperous states, openly criticize corruption and favoritism, they also accept and amplify the Russian government’s practice of blaming poverty and slow development on passivity, indifference to the common good, and a lack of patriotism among ordinary citizens, rather than on the self-serving indifference among those in the higher echelons of power.

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Reconfiguring Regimes of Capitalist Integration: Hungary Since the 1970s

Cited by 17 publications

References 28 publications

State, capitalism and infrastructure-led development: A multi-scalar analysis of the Belgrade-Budapest railway construction

State, capitalism and infrastructure-led development: A multi-scalar analysis of the Belgrade-Budapest railway construction

FX mortgages in Hungary: political crisis and capitalist reconstruction

Flexible Authoritarianism

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