Opinion Piece Teaching Financial-Monetary Hegemony in Geogeraphy

2010 ◽  
Vol 3 (3) ◽  
pp. 85-88
Author(s):  
Hannes Gerhardt ◽  
Andy Walter
Keyword(s):  
Political Economy ◽  
World System ◽  
Geography Education ◽  
Global Capitalism ◽  
International Banking ◽  
Global Political Economy ◽  
Privileged Position ◽  
Opinion Piece ◽  
The World ◽  
The U.S

This opinion piece points to the need to more fully address the financial and monetary dimensions of the global political economy within geography education. The concept of financial-monetary hegemony is offered as a way to better understand a variety of issues commonly addressed in the geography classroom. More specifically, we suggest a concerted focus on both the increasing financialization of global capitalism and the related privileged position of the U.S. dollar in international banking and trade. We conclude that a more systematic pedagogical focus on financial-monetary hegemony can greatly enhance otherwise rather descriptive and abstract renditions of the world-system.

scholarly journals American World Empire or Declining Hegemony

2004 ◽  
pp. 516-524 ◽  
Author(s):  
Terry Boswell
Keyword(s):  
System Theory ◽  
Political Economy ◽  
World Economy ◽  
World System ◽  
Political Control ◽  
Global Political Economy ◽  
World System Theory ◽  
Fundamental Assumption ◽  
The World ◽  
The U.S

Gowan challenges the usefulness of world-system theory in accounting for the emergence of an American world empire. His argument is based on one fundamental assumption, that of overwhelming U.S. power in the contemporary period. The assumption, however, is flawed. The U.S. is clearly an uncontested military superpower, a world leader with the ability to project its power and interests around the world. But its economic hegemony is in decline, and it is no longer the overwhelming presence it once was in the world-economy. Moreover, Gowan is unable to support his thesis that the U.S. is becoming an empire over Europe. Although the U.S. occupation and administration of Iraq is an example of colonial imperialism, there is no evidence to show that the U.S. has begun to establish a core-wide empire. On the contrary, U.S. political control over Europe has declined to its lowest level in the post-WWII period. The persuasiveness of world-system theory in explaining the changing global political economy remains strong.

Ethnography for a new global political economy? Marcus (1995) revisited, through the lens of Tsing and Nash

Ethnography ◽  
2017 ◽  
Vol 20 (2) ◽  
pp. 284-294 ◽  
Author(s):  
Terese Gagnon
Keyword(s):  
Political Economy ◽  
World System ◽  
Economic Conditions ◽  
Global Political Economy ◽  
Technological Advances ◽  
The World

In 1995 George Marcus wrote on the ‘emergence of multi-sited ethnography’, contrasting ethnography in the world and ethnography of the world. He seemed to anticipate that with increasing globalization, technological advances, and new economic conditions, multi-sited methods would become the hallmark of ethnography for the nascent age. More than two decades later, I reflect on Marcus’s forecast. Anna Tsing has written perhaps the first monograph to fulfill Marcus’s ‘follow the thing’ model, as a style of ethnography of the world, while June Nash exemplifies his description of ethnography in the world system. Here I compare the merits and challenges of the two ethnographic styles through their works. I consider whether Marcus’s prediction has proven true. I conclude that both approaches are still relevant and, in fact, necessary complements to one another, just as post-capitalist and classic Marxist theories, far from being mutually exclusive, are vital tools for describing and understanding the world.

BDS, Israel, and the World System

2015 ◽  
Vol 45 (1) ◽  
pp. 8-23
Author(s):  
Joshua Sperber
Keyword(s):  
Political Economy ◽  
Foreign Policy ◽  
Political Culture ◽  
International System ◽  
World System ◽  
Economic Factors ◽  
Global Political Economy ◽  
The World ◽  
Political Economic ◽  
Made In

This article analyzes Israel's actions and policies within a predominantly neorealist framework. Accordingly, it argues that U.S. domestic factors as well as Israeli domestic factors and political culture play little to no role in Israel's foreign policy decisions, which are instead largely determined by John Mearsheimer's five neorealist principles that drive all states. Additionally, the article discusses political economic factors and specifically addresses the claims made in Jonathan Nitzan and Shimshon Bichler's The Global Political Economy of Israel. Here the argument supplements neorealism by focusing on economics as a historically specific vehicle of modern power. It concludes that the root of Israeli violence and impunity is the international system itself and criticizes the Left and the BDS movement for not adequately grappling with this fact.

From the Colonial to Feminist IR: Feminist IR Studies, the Wider FSS/GPE Research Agenda, and the Questions of Value, Valuation, Security, and Violence

2017 ◽  
Vol 13 (04) ◽  
pp. 739-746 ◽  
Author(s):  
Anna M. Agathangelou
Keyword(s):  
Political Economy ◽  
International Relations ◽  
Research Agenda ◽  
International Politics ◽  
Security Studies ◽  
Global Political Economy ◽  
Personal Lives ◽  
Ir Studies ◽  
The World ◽  
Forms Of Violence

International relations (IR) feminists have significantly impacted the way we analyze the world and power. However, as Cynthia Enloe points out, “there are now signs—worrisome signs—that feminist analysts of international politics might be forgetting what they have shared” and are “making bricks to construct new intellectual barriers. That is not progress” (2015, 436). I agree. The project/process that has led to the separation/specialization of feminist security studies (FSS) and feminist global political economy (FGPE) does not constitute progress but instead ends up embodying forms of violence that erase the materialist bases of our intellectual labor's divisions (Agathangelou 1997), the historical and social constitution of our formations as intellectuals and subjects. This amnesiac approach evades our personal lives and colludes with those forces that allow for the violence that comes with abstraction. These “worrisome signs” should be explained if we are to move FSS and FGPE beyond a “merger” (Allison 2015) that speaks only to some issues and some humans in the global theater.

scholarly journals Methodological Issues in Macro Comparative Research: An Introduction

2009 ◽  
pp. 1-2 ◽  
Author(s):  
Jeffrey Kentor
Keyword(s):  
Political Economy ◽  
Comparative Research ◽  
World System ◽  
The Other ◽  
Special Issue ◽  
Methodological Issues ◽  
The World

This special issue of JWSR is the offspring of an ASA Political Economy of the World System session that I organized in 2007. My thanks to Andrew Jorgenson, co-editor of JWSR, who moderated the session and proposed that I put together a special issue on this topic. In turn, I asked Timothy Moran to join me as co-editor of this issue. Tim is one of the foremost quantitative macro-comparative sociologists in the country, and was the discussant on the PEWS panel. Tim provides a summary and discussion of the contributions in the conclusion. As it turns out, only two of the panel presentations are included in this issue. The other two were submitted in response to a general call for papers. All four manuscripts were peer reviewed.

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