Ringfencing globalization: US structural power, techno-nationalism, and Chinese dependent integration
Sean Kenji Starrs
Chapter 8 in Globalization in a Turbulent Era, 2025, pp 126-146 from Edward Elgar Publishing
Abstract:
Abstract: This chapter argues that by 2019 the United States had been deploying its immense structural power to reshape globalization from being driven by “free trade” to “techno-nationalism,” in which the ownership of advanced technology is explicitly regarded as a core national security issue. Rather than “deglobalizing,” the US is “ringfencing” globalization to control China's access to certain technologies that are considered foundational to pushing the technological frontier, especially advanced semiconductors. This chapter empirically lays out American dominance in the chip global value chain to understand how the US state can leverage this techno-ownership against both its allies (namely, the Netherlands and Japan) and adversaries (China, but also Russia)—structural power in production par excellence. Following from this, it argues that the manner in which China (and others) have integrated into globalization since the 1990s by being dependent on foreign capital has actually increased US structural power in the twenty-first century.
Keywords: US structural power; Hegemony; Techno-nationalism; Chip war; Globalization; China's rise (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035330492
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