The state, capital formation, and industrial planning: financing nuclear energy in the United States and France
Dates
Year
1986
Citation
Campbell, J.L., 1986, The state, capital formation, and industrial planning: financing nuclear energy in the United States and France: Social Science Quarterly, v. 67, iss. 4, p. 707-721.
Summary
The state has different institutional capacities for providing finance capital to industrial sectors in different countries. These differences help explain the commercial nuclear energy sector's collapse in the United States and its success in France. The implications for institutional theories of political economy are explored. It is argued that to understand the state's ability to plan industrial development an analysis of its control over the processes of both internal and external capital formation is required.
Summary
The state has different institutional capacities for providing finance capital to industrial sectors in different countries. These differences help explain the commercial nuclear energy sector's collapse in the United States and its success in France. The implications for institutional theories of political economy are explored. It is argued that to understand the state's ability to plan industrial development an analysis of its control over the processes of both internal and external capital formation is required.
