Post-socialist societal trajectories: democratic and market transition or state capture?
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Academic Publishing UNWE (AP-UNWE)
Abstract
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The article discusses alternative trajectories of post-socialist societal transformations, with an emphasis on a specific state of society designated as "state capture". It presents a theoretical model that interprets the state capture not as an anonymous actorless process, but as a rational pursuit of specific strategies for acquisition, concentration and preservation of political and economic power and extraction of economic benefits/rents. The implementation of these strategies involves the formation and operation of the politico-economic power networks that seek to control key public legislative, executive and judiciary institutions. These processes have a systematic nature and significant political, economic and social consequences.
Keywords
State Capture, Public institutions, Politico-economic power networks, Clientelism, Corruption, A1 - General Economics, B4 - Economic Methodology, H11 - Structure, Scope, and Performance of Government, P3 - Socialist Institutions and Their Transitions