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David Coates and Leo Panitch

to contribute to the development of Marxist political theory in general. Unlike him, however (he once privately admitted to being bored by economics), we also sought to engage on this basis with the new Marxist political economy. Thus in our accounts of the Labour Party from the 1960s to the 1990s we both built on what he had established and yet departed from him in various ways. This meant telling the history of policy and intra-party conflict in more detail than he did, and concentrating much more on economic policy and political economy. Miliband was therefore

in Interpreting the Labour Party
Open Access (free)
Geoffrey Wood

include questions of social stratification, progress and development. The development of classical social theories of democracy can be broadly summarized as in Table 8.1. These categories are not totally watertight; some theorists straddle more than one tradition. All three traditions are centrally rooted in the Enlightenment, with its emphasis on rationality and social progress. 116 DISCIPLINES Table 8.1 Classical (pre-1940) sociological perspectives on democratization Political science/ rational actor perspective Political Economy tradition Interactionist and

in Democratization through the looking-glass
Obama, Trump and the Asia Pacific political economy
Michael Mastanduno

transitions are neither simple nor straightforward, and in its first two years the Trump administration struggled to articulate and carry out a coherent grand strategy. Whether it can develop and implement an alternative to hegemony remains to be seen. But it has taken the initial steps to reframe the US strategic debate from its post-Cold War emphasis on means – how best to pursue hegemony – to ends – whether to pursue hegemony at all. This chapter focuses on the transition from Presidents Obama to Trump with emphasis on the political economy of the Asia Pacific

in The United States in the Indo-Pacific
The nature of the development-security industry
Jenny H. Peterson

nature and choice of policies aimed at their management. Understanding the dominant conceptualisations of war economies and the issues associated with each of these offers further insight into the dilemma of transformation. Research findings presented in Chapters 5 to 7 will show the diversity of actors’ opinions regarding political economies of violence, and indeed examples of when individuals and organisations ‘strayed’ off the stereotypical liberal path are central to the conclusion of this book. Nonetheless, it is possible to identify the dominant understandings of

in Building a peace economy?
Open Access (free)
Protecting borders, confirming statehood and transforming economies?
Jenny H. Peterson

assumptions could actually prove counter-productive in transforming the smuggling facet of Kosovo’s political-economy. The neo-liberal policies on which modern customs and trade policies are based could actually be a cause of the activities customs agencies are trying to eradicate. While a modern customs service is meant to cut down on trade barriers and facilitate trade, documents which prove the origin/value of goods, and other details such as health and safety requirements, are biased towards modern, advanced and established traders (Kaminski and de la Rocha, 2003; Pohit

in Building a peace economy?
Open Access (free)
The Debt–Growth–Inequality Nexus
Tim Di Muzio and Richard H. Robbins

States, later followed suit. 88 Debt as Power Regardless, issuing money as debt, as we have described above, not only creates hardships for individuals and countries unable to service or pay off their debts. We have tried to take that a little further and outline how debt is central to the global political economy as it has evolved since the fundamental institutional innovation of the Bank of England. As we have illustrated, it has been used as a means of expropriation of resources, a mode of discipline and market subjectification, and an instrument of control

in Debt as Power
Bill Jordan

Introduction Political theory has recently responded to the central questions about redistributive welfare systems – their justification, and the institutional means for implementing them – raised by the political economy of the past twenty-five years. In the post-war period, the consensus around sustaining minimum standards of income, health, education and housing assumed an entitlement to such

in Political concepts
Andrew McMeekin, Ken Green, Mark Tomlinson, and Vivien Walsh

argues for the need to build an economic sociology/political economy of demand that goes from micro-individual through to macro-structural features. To achieve this, an ‘instituted economic process’ approach to the study of demand and innovation is developed to account for processes of institutionalisation and deinstitutionalisation. Within this framework, the concept of a ‘production–distribution–retail–consumption’ configuration is seen as shaping innovation. The empirical investigations of this chapter involve analysis of how retail markets link demand with supply

in Innovation by demand
Community, language and culture under the Celtic Tiger
Steve Coleman

who speak them.12 There was more than profit at stake, however. In Negri’s terms,13 ‘to say state is only another way to say capital’ – as capitalism develops, the state acts more and more as both the embodiment and representative of capital. The Telecom campaign involved more than an attempt to boost share prices: it also represented the state’s attempt to relegitimise itself, in its new ‘Celtic Tiger’ form, as a ‘shareholder democracy’. The Irish language and political economy By the nineteenth century, Irish was well on its way to becoming a minority language

in The end of Irish history?
David Hume’s History of England
Ben Dew

T H E E N D O F E C O N O M I C S T A T E C R A F T 169 9 The end of economic statecraft: David Hume’s History of England The chronologies of David Hume’s career as a political economist and his career as a historian are closely intertwined.1 Political Discourses, the collection of essays containing his principal contribution to political economy, was published in January 1752.2 The work went on to secure Hume a Europe-wide reputation as a writer on economic affairs and was, as he noted in his autobiography, his only book ‘successful on the first

in Commerce, finance and statecraft