capitalism. José A. Tapia Granados is Professor at Drexel University in Philadelphia, PA, USA. He teaches courses on …

With the title "Capitalism: time for a reset" the Financial Times (18 September 2019) published a series of articles … along the same theme of a "broken capitalism" have been published by other publications such as The Guardian, The Economist … and Foreign Affairs. If, however, capitalism is to be re-set and repaired so must the theories underpinning these policies …

. However, state capitalism does not necessarily serve broad developmental purposes, and rather can be directed to supporting … sectional and private interests. As the literature on variegated capitalism alerts us, governments and other actors regularly … profligately. Although, as with state capitalism, crony capitalism is most often associated with emerging markets, we conclude that …