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iliasalami.bsky.social
Assistant prof political economy University of Cambridge Books: Money Power in Emerging Markets (2020); The Spectre of State Capitalism (now out and free to download!) Editor Economy and Society Member Second Cold War Observatory
252 posts 6,631 followers 1,404 following
Prolific Poster

Today, @iliasalami.bsky.social observes that the role of the state appears to be changing in its relation to capital and society at large, and outlines the political economic transformations that sparked this "new" state capitalism.

Wrote a piece for @lpeblog.bsky.social "Historians may remember Trump 2.0 as the great accelerator of 21st-century state capitalism, a historically specific form of capitalism where the fusion of private and state capital reaches new heights" lpeproject.org/blog/state-c... @campolis.bsky.social

Excellent entretien sur la situation en Kanaky -- Nouvelle Calédonie www.youtube.com/watch?v=XI9V...

Starmer in the FT: "For decades, successive governments have shied away from a proper industrial strategy. We have had a state that, paradoxically, both stands back and interferes too much." www.ft.com/content/a033...

Fascinating!

Great review of @jamiemerchant.bsky.social 's book by Sarah Brouillete lareviewofbooks.org/article/cons...

Important new development here

Great piece on Kenya's polyalignment by Tim Zajontz. Strongly recommend! www.tandfonline.com/doi/full/10....

Dig! @astra.bsky.social interviews @ryannliebenthal.bsky.social, @chenjerai.bsky.social, @millennialdebt.bsky.social on Ryann's Burdened: Student Debt and the Making of an American Crisis. How we got individualized student debt instead of socialized higher ed for all. thedigradio.com/podcast/stud...

New paper in @ripejournal.bsky.social: What if state capacity isn’t hollowed out by derisking but used to signal feasibility to investors? My research suggests states build capacity for bankable policies. The problem: where $$$ doesn’t flow, capacity won't grow. www.tandfonline.com/doi/full/10....

Extremely cool present, from an awesome student

Hugely disappointing episode of the Odd Lots episode with Stephen Miran (Trump economic advisor). The sycophancy is embarrassing.

Beautiful

"Industrial policy is being deployed asymmetrically across the global economy. The capacity to pursue transformative industrial policies remains enormously shaped by global financial and monetary hierarchies, integration into global supply chains, and geopolitical positioning."

"Despite its promise, the revival of industrial policy space cannot be divorced from broader structures of power in the global financial and monetary system." NEW @iliasalami.bsky.social, @tomchodor.bsky.social, and Jack Taggart

New essay on Industrial Policy and Imperial Realignment, co-written with comrades @jacktaggart.bsky.social and @tomchodor.bsky.social for @phenomenalworld.bsky.social www.phenomenalworld.org/analysis/ind... @campolis.bsky.social

Dernière émission de cette saison pour @offinvestigation.bsky.social ! On termine en parlant de l'impact de l'évasion fiscale sur nos vies et comment on peut lutter contre grâce aux enquêtes. www.youtube.com/watch?v=3q51...

Giving a talk with @adamdixon.bsky.social at King’s College London Centre for the Study of Governance & Society, 6pm this Thursday (June 12). Come along! csgs.kcl.ac.uk/event/the-sp...

Absolutely fucking brilliant: students use AI to write their assignments, and then teachers use AI to grade them. David Graeber wrote an entire book on "bullshit jobs," but I don't think even he could foresee how rapidly we would all run off this cliff together.

In his contribution to our dossier, @jamiemerchant.bsky.social argues that the latest iteration of Trump's economic policy represents a window into the global restructuring of class conflict, "a renewed ruling class offensive." Read Jamie's piece below👇

🧵Don Goldstein & I edit a symposium on “Political Economy of Occupation, Colonialism, and Conflict in Palestine" in Review of Radical Political Economics. 5 powerful essays that place Palestine at the heart of global capitalism’s contradictions. Intro: doi.org/10.1177/0486...

So much waste and harm could be avoided if we just treated these as fragile, dangerous tools suited for very specialized use cases, like we do with lasers and circular saws, and not as magic thinking beans

This looks excellent "True master of our own destiny: the Third World and the decolonisation of political freedom" www.tandfonline.com/doi/full/10....

GAZA CATASTROPHE: THE GENOCIDE IN WORLD-HISTORICAL PERSPECTIVE 30% Discount on online orders of the US edition (in the US and Canada only). Use promo code UCPSAVE30 at checkout. www.ucpress.edu/books/the-ga...

Feeling energised after three days at the Law and Political Economy in Europe summer academy in Rotterdam, expertly organised by Ioannis Kampourakis, Anna Chadwick, and Eva Meyermans Spelmans

Congratulations to @iliasalami.bsky.social - winner of the 2025 Aaron Rapport Teaching Prize. Dr Alami is an Assistant Professor in the Political Economy of Development in the Centre of Development Studies. This award is based on student nominations and feedback. www.polis.cam.ac.uk/news/dr-ilia...

Yep.

🚨New Publication 🚨 in New Political Economy with the one and [email protected]. We propose the term 'Green Financial Planning' to tie together many of the terms in political economy at the moment, and demonstrate that green finance is much more than a few loans/bonds with green names

Wrote a long essay on Shaina Potts' excellent book. Have a read if you're interested in international financial subordination, articulations of law and empire, the constitute role of the law in capitalism, and the future of globalisation journals.sagepub.com/doi/10.1177/... @campolis.bsky.social

Remember the Brexit campaign and what you might describe as “racialized calls to restore the powers of the sovereign”, which have not been set aside since. Far from it. Well,

had a lovely day at cambridge uni, listening to a panel on governing finance with @iliasalami.bsky.social, @nataschavanderzwan.bsky.social, @stomarova.bsky.social & Anush Kapadia. Seeing my undergrad thesis supervisor Barbara Fritz quoted on slide 2 of Ilias' presentation was the cherry on top ^^

Excellent @triofrancos.bsky.social as usual

This week's university redundancies are the following: *Bangor *Cardiff Met *De Montfort *Liverpool Hope *Plymouth *Suffolk That's after last week's Aberdeen, Arts Uni Bournemouth, Durham, Exeter, Falmouth, Greenwich, Keele, Newcastle, Nottingham and Trinity St Davids.

Capital's factions clashes in the Trump2 era. "The ambitions of the new Silicon Valley elite is not only to incapacitate the federal bureaucracy, but also to dethrone Wall Street." with @benbraun.bsky.social www.phenomenalworld.org/analysis/ame...

New (open access!) paper out now with Eric Helleiner and Hongying Wang in New Political Economy: "A less reluctant (green) Atlas? Explaining the People’s Bank of China’s distinctive environmental shift" 1/ A brief thread 🧵 doi.org/10.1080/1356...

Beyond neoliberalism conference plenary

As Gaza faces mass starvation, I wrote about Israel’s new militarised aid plan (to be run by a ‘Gaza Humanitarian Foundation’ headed by a former US sniper) and the call for a Diplomatic Humanitarian Convoy to break the siege. www.abc.net.au/religion/as-...

I've got a new chapter out, "State Capitalism in Transition", in this excellent collection edited by Yuko Aoyama, Daniel Haberly, Rory Horner, and Seth Schindler www.elgaronline.com/edcollchap/b... Unpaywalled PDF at the following link: www.academia.edu/127145001/St... @campolis.bsky.social

Did not have time to read this yet but it looks like it is summarising/based on @adamdixon.bsky.social and @iliasalami.bsky.social's Spectre of State Capitalism, in which case this is definitely excellent and a must-read. legrandcontinent.eu/fr/2025/05/2...

« Ce phénomène est mondial, puisqu’il est ancré dans les transformations historiques de l’accumulation du capital à l’échelle planétaire. Les mutations de la propriété étatique et la restructuration du rôle de l’État sont des tendances globales lourdes. » legrandcontinent.eu/fr/2025/05/2...

New open access article co-authored with @davidaviles.bsky.social in Environment and Planning A, refocuses attention on development banks in Mexico and Chile as a way of "sorting out" mixed economy + state capitalism debates @llchristyll.bsky.social @iliasalami.bsky.social @abieler.bsky.social

More developments in the world of state capitalism "SoftBank’s Masayoshi Son floats idea of US-Japan sovereign wealth fund" - on.ft.com/4kiHGzi via @FT