from Part III - Intersections: National(ist) Synergies and Tensions with Other Social, Economic, Political, and Cultural Categories, Identities, and Practices
Published online by Cambridge University Press: 08 November 2023
The relationship between capitalism and nationalism escapes easy generalization – hardly surprising given the many conceptions of nationalism, and the many stages and varieties of capitalism. Let us begin, then, with some ideal-typical definitions.
Nationalism is a form of politicized ethnicity in which a self-identified cultural group seeks to create or succeeds in creating a nation-state of its own. It also refers to ideological goals and tangible policies oriented to the preservation or strengthening of the nation-state.
There are as many ways of defining capitalism as there are of nationalism. For our purposes, this definition is most useful. Capitalism is a political-economic system in which property rights are legally protected by the state, in which prices are set primarily by supply and demand in a market composed of profit-seeking entrepreneurs or companies, usually (but not always) employing free wage labor.
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