By S. Gill, I. Bakker
Written by way of top professionals from Europe, the Americas and Asia, this path-breaking paintings develops an leading edge and unique theorization of worldwide political economic climate. whereas so much techniques theorize international political financial system from the views of energy and construction or states and markets, this paintings argues that what feminists name social replica is a extra easy framework, upon which such a lot sorts of strength and construction, and states and markets, needs to inevitably leisure.
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Extra resources for Power, Production and Social Reproduction: Human In/security in the Global Political Economy
Sample text
The UNDP was also making the implicit historical argument that the post-Cold War order would not be sustainable either in economic, 16 Power, Production and Social Reproduction social, or environmental terms without redistribution to compensate for the effects of crises and growing inequality on world society. 3. Policy-makers also seek to provide security for the world’s consumers, defined in terms of their significance and salience for policy by their income, which defines their ability to purchase goods and services.
The security of the consumer is seen as a crucial aspect of consumer confidence and as such the propensity to consume. 2 Ontology, Method, and Hypotheses1 Isabella Bakker and Stephen Gill Chapter 2 is concerned to advance some of the theoretical and practical agenda outlined at the end of Chapter 1 by introducing issues of ontology and epistemology so as to outline a methodological sketch to frame a number of our main hypotheses. Thus a starting point for this work is the construction of an appropriate ontology of the global political economy and the emerging world order.
Disciplinary neo-liberalism involves the way that social discipline is increasingly exercised through market-based structures, for example in capital and labor markets. In addition, the state is also subjected to market disciplines: governments now seek to prove their credibility, and the consistency of their policies according to the degree to which they inspire the confidence of investors and, of course, consumers (the “three Cs”). Credibility is defined by the World Bank as the “reliability of the institutional framework” and “the predictability of its rules and policies and the consistency with which they are applied” (Gill 1998b, citing the World Bank 1997: 5).