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The Concept of Capital-Control Complex (CCC): The Case of Japan

Gibin Hong
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Gibin Hong: Department of Political Science, York University, Toronto, Canada

Review of Radical Political Economics, 2004, vol. 36, issue 3, 344-350

Abstract: To explain the social dynamics of accumulation regime changes, I suggest the concept of capital control complex (CCC) by combining a Gramscian perspective and Veblenean view of capital/ money. A tripod of historical bloc, ownership structure, and financial system, this concept offers a new framework for studying nationally specific corporate structures and financial systems. The rise and recent transformation of Japanese cross shareholding and J-type financial system are discussed as a case.

Keywords: capital-control complex; cross-shareholding; historical bloc; keiretsu; ownership structure; national variety of capitalism (search for similar items in EconPapers)
Date: 2004
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