Political capitalism
Concept introduced by Max Weber
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Through Max Weber, Economy and Society and Economic system
Robert Brenner and Dylan Riley have characterized the post-1990 economy of United States as political capitalism, where raw 'political power' rather than 'productive investment' is the "key determinant of rate of return".
Filippa Chatzistavrou broadens the concept of political capitalism applied in the digital age by pushing further the idea of states and high tech markets being co-constitutive in order to include not only rent seeking, property rights' issues and surplus extraction mechanisms, but also models of governance.
Background
The definition of capitalism as an economic system based on monetary profit-making rather than a subsistence economy is shared by Max Weber and Fernand Braudel.