State capitalism as Lazarus meets Loch Ness: Insights from the Asiatic mode of production

Abstract

This paper comments on the unexamined bifurcation of new state capitalism studies into two camps: changes in liberal capitalism and analyses of illiberal state forms. I characterize these aspects as Lazarus meets Loch Ness: Lazarus-like when focused on the ever-reborn market interventions of the liberal capitalist state, and Loch Ness-like in its rediscovery of the resurfaced 'other.'

Keywords: Asiatic mode of production; Marxism; State capitalism.