Economic Patriotism, the Politics of Market-Making, and the Role of the State in Twenty-First-Century Capitalism
This chapter demonstrates the worth of economic patriotism (EP), and its particular way of understanding the politics of market-making and the role of the state, for understanding the limits of control. EP reflects profound if not self-evident contradictions between international market integration and spatially limited political mandates. This is the root of a profound disjuncture between what kinds of promises these politicians articulate to their citizens about ‘control’ over economy and the much more complex realities of achieving economic governance under twenty-first-century complex economic interdependence. Contemporary politicians have a very naïve (mis-)conception of state/market interactions. They presume, or pretend, to their electorates that they can pull all the necessary levers of economic policy to exert control over the national economic future.
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