The Political Economy of Power: Hegemony and Economic Liberalism

1995 ◽  
Vol 37 (4) ◽  
pp. 147-148
Author(s):  
Judyth L Twigg
2020 ◽  
Vol 6 (2) ◽  
Author(s):  
Dien Yudithadewi ◽  
Bonifasius Santiko Parikesit ◽  
Eka Wenats Wuryanta

Abstract As part of the political communication channel, speech is an essential tool to convey messages, especially at the global politics scope. In a speech at the IMF-World Bank 2018 meeting, President Joko Widodo used the phrase 'winter is coming' from the story of the popular television series Game of Thrones as a presupposition of the global political economy situation. Based on President Jokowi speech, this paper aims to understand the changes in the international political architecture caused by the spirit of economic liberalism from developed countries. The study applied discourse analysis approach of Norman Fairclough's version. Referring to Fairclough, presuppositions are the key to understanding how reality is differentiated and presented. In examining the contents of the speech, the author will choose words/sentences that lexically relate to Game of Thrones or the context of de-globalization through the phenomenon of protectionism and trade war. The speech represents an attempt of protest from developing countries to the superpower countries. President Jokowi reminded superpower countries that the protectionism and trade wars will only lead to de-globalization. Instead of competing for power domination, Indonesia is calling for the idea of an equilibrium hegemony in the political economy to all member-states.


2016 ◽  
Vol 13 (1) ◽  
pp. 27-45
Author(s):  
David Vallins

Recent criticism has often contrasted both deconstruction and Romantic idealism with diverse ‘progressive’ ideologies, whether historical-materialist in origin, or associated with the economic liberalism of British Whigs in the early nineteenth century. At the same time, however, Romantic idealism is often seen as involving a Platonic essentialism which distinguishes it from deconstruction as much as from historical materialism. My essay seeks to unravel these dichotomies and paradoxes, highlighting the political ambiguity of the advocates of Romantic-era political economy, as well as the anti-essentialist aspects of Coleridge's idealism, and the important elements it has in common with Derrida's questioning of ‘self-presence’ and logocentrism. The principal form of the sublime that I explore arises from Coleridge's and Derrida's recognition of the indefinableness of the origin of consciousness or the source of meaning in language – a recognition which, I argue, is progressive in its resistance to reductive and instrumentalizing definitions of humanity.


2019 ◽  
Vol 45 (9-10) ◽  
pp. 1170-1185 ◽  
Author(s):  
William E. Scheuerman

By revisiting late-Weimar debates between Carl Schmitt and two left-wing critics, Otto Kirchheimer and Franz L Neumann, we can shed light on the surprising alliance of populist politics with key tenets of economic liberalism, an alliance that vividly manifests itself in the political figure and retrograde policies of Donald Trump. In the process, we can begin to fill a striking lacuna in recent scholarly literature on populism, namely its failure to pay proper attention to matters of political economy. We can also perhaps begin to make sense of the roots of Trump’s assault on the US federal state: formal law and its organizational basis, modern bureaucracy, represent potential restraints on the alliance of populism with neoliberalism.


2020 ◽  
pp. 5-32

The political constitution of markets is promoted by Montchrestien whereas, on the contrary, the absolute autonomy of the sphere of exchange is favoured by Cantillon. Yet, this article seeks to demonstrate that both authors also participate in the emergence of a modern way of thinking about the economy. In both cases, we find the idea that the sphere of exchange acquires an autonomy which requires the application of a specific science. In the case of Cantillon, this autonomy is absolute and anticipates the foundations of contemporary economics. On the other hand, Montchrestien’s work forms part of a “political economy”. This article also aims to show that the mercantilism attributed to Montchrestien in no way implies that, in principle, the economy when theorised as such is a simple transposition of a war-like model. Similarly, it will seek to show that Cantillon, a supposed mercantilist, does not suggest that state intervention is futile, even if he adheres to the fundamental principles of economic liberalism. This modernity has two sides, represented by these texts which present economics as a science for the first time. It will be suggested that it allows us to call into question the postmodern theses which imagine a contemporary economic world in which the classical notion of sovereignty is totally absent.


Sign in / Sign up

Export Citation Format

Share Document