National state regulatory power persists, so no capitalist epochal break has occurred

Evidence

Callinicos, on the other hand, reversed this line of argument. While it was true that global capital was now more integrated than ever before, and possessed new degrees of mobility, this in no way added up to a ‘break’ in the history of capitalism. For national states retained substantial powers of regulation, as the ironic success of Reagan’s military keynesianism in reflating the world economy in the eighties had shown. — Perry Anderson, The Origins of Postmodernity, 215

Categorization

  • XREF: Callinicos’s anti-break skepticism parallels institutionalist critiques of epochal periodization. — connects to: The state’s files, censuses, and laws persist unchanged through revolutionary turnover — Benedict Anderson, Imagined Communities: Reflections on…, 626; Most American law remains state law despite federal growth — Lawrence M. Friedman, A History of American Law, 3761

Broader Connections