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The Salim Group and the Social Relations of Capital Expansion

  • Faris Al-Fadhat
Chapter
Part of the Critical Studies of the Asia-Pacific book series (CSAP)

Abstract

This chapter examines the international expansion of capital and the way it structured the political support for regional economic governance in Southeast Asia through the case study of the Salim Group—Indonesia’s largest and most prominent conglomerate. The Salim Group was selected due to its increasingly internationalized economic activity and the way this activity promoted the regional economic project through political coalitions within the state—capital relations. The emergence of Salim as a major political and economic actor provides a window into the structural architecture of the internationalization of key Indonesian capitalist groupings across the Southeast Asian region. This chapter argues that the emergence of the Salim Group as an internationally oriented corporate group is a part of a broader story about the fundamental restructuring of the capitalist class. It is this internationally oriented fraction of capital that has supported and reinforced the project of regional economic integration.

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Authors and Affiliations

  • Faris Al-Fadhat
    • 1
  1. 1.Department of International RelationsUniversitas Muhammadiyah YogyakartaBantulIndonesia

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