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Exploring the Multifaceted Nature of Public Sector Predation in the Age of Unreason

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  • Anna Klimina

Abstract

This article explores the core features of external public-sector predation in industrialized market economies, both advanced and emerging. It specifically examines how the ideology of global neoliberalism has contributed to the strengthening of authoritarianism and reemergence of neocolonial and imperialist trends among those nation-states, whose large, powerful governments and considerable economic resources enabled them to implement policies aimed at establishing, maintaining, and reinforcing dominance—civilizational, economic, and political—over other societies and populations. The analysis emphasizes the accumulation of military resources and a significant increase in military spending as direct outcomes of modern neocolonial and imperial strategies employed by these predatory states. Furthermore, the article provides a comprehensive case study of the troubling history of neoliberal transitional reforms in Russia and Ukraine, the two largest republics of the former Soviet Union. This case study profoundly illustrates key manifestations of external public-sector predation under neoliberalism and highlights the serious long-term risks associated with the implementation of neoliberal reforms globally.

Suggested Citation

  • Anna Klimina, 2026. "Exploring the Multifaceted Nature of Public Sector Predation in the Age of Unreason," Journal of Economic Issues, Taylor & Francis Journals, vol. 60(2), pages 426-431, April.
    • Handle: RePEc:mes:jeciss:v:60:y:2026:i:2:p:426-431
    DOI: 10.1080/00213624.2026.2657216
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