The Predator State: Hegemony, Planning, and the Market Crisis

This article provides a thorough analysis of James K. Galbraith's concept of the "predator state," challenging neoliberal dogmas. The author exposes the language of contemporary economics as a system of euphemisms that conceal the true distribution of power and resources. The text details the mechanisms of the dollar's global hegemony and the financial planning processes that have replaced the mythical free-market competition. By comparing the American model with Nordic systems, the article demonstrates how the state is being captured by vested interests to privatize the commons. A key theme is the instrumentalization of crises and the systemic transfer of wealth, which leads to the erosion of democratic control. This is an important contribution to the discussion on the need to redefine the role of the state in an era of global market aporias and financial domination.