Power and the Control of Capital

1994 ◽  
Vol 46 (3) ◽  
pp. 419-452 ◽  
Author(s):  
Jeffrey A. Winters

This essay reviews three recent books on the political economy of finance in postcolonial Asia and Latin America and suggests a framework for examining the relationship between political power and varying patterns of control over investment resources. The stress is on the constraints different controllers of capital can impose on state leaders, the conditions under which policymakers can subvert these constraints, and how conflicts within the state over the trajectory of policy are mediated by who (or what) supplies critical investment resources and the institutional channels through which the resources flow.

1993 ◽  
Vol 87 (2) ◽  
pp. 393-407 ◽  
Author(s):  
Karen L. Remmer

The process of political democratization in Latin America during the 1980s created a rare opportunity to explore the political economy of elections outside of the North Atlantic basin. Using interrupted time-series analysis, I explore the impact of elections on macroeconomic performance in eight Latin American nations. The findings indicate that macroeconomic performance has fluctuated with the electoral calendar but that contrary to the traditional business cycle literature, as well as the conventional wisdom about Latin America, competitive elections have enhanced, rather than undermined, the capacity of political leaders to address outstanding problems of macroeconomic management. The analysis suggests that the relationship between democracy and economics is captured more adequately by a “political capital” model than by its traditional theoretical alternative.


Cadernos Pagu ◽  
2015 ◽  
pp. 115-140
Author(s):  
Felicity Amaya Schaeffer

This article explores the ways the foreign emerges as a fantasy of mobility in the Cybermarriage Industry uniting Mexican and Colombian women with U.S. men. While some women use the marketing of their bodies as passionate and erotic to attract opportunities such as marriage with U.S. men, Internet scholars during the 1990s celebrated the Internet as a utopian space for enacting oneself outside the limitations of the physical body. These theories, I argue, lack an analysis of the state and the political economy in their post-body analysis of Internet exchanges.


1969 ◽  
Vol 33 (3) ◽  
pp. 163-197 ◽  
Author(s):  
Tyler McCreary

This essay charts the shifting assemblage of the conduct of state, corporate, and Indigenous authority through four historical moments: mercantilism, settler colonialism, Indigenous resurgence, and corporate reconciliation. With reference to Gitxsan territories, it makes a series of interrelated arguments. The development of colonial territorial claims and regimes of governance overlapped pre-existent and ongoing Indigenous territorial relationships. The historical division between the political and economic domain reshaped the relationship between state and corporate authorities, the state deferring to corporate actors to manage relations in the economic domain. The conduct of state and corporate authorities has constrained and modified the exercise of Indigenous jurisdiction. Nevertheless, Indigenous resurgence has opened space for renegotiating the colonial legal order, including relations between extractive resource companies and Indigenous authorities. Emergent corporate practices of contracting with Indigenous authorities over development, however, reflect a reconfiguration rather than rupture of the settler colonial legal order. Corporate-Indigenous agreements rely upon colonial modes of organizing lawful political and economic conduct, and continue to block more radical and anti-colonial expressions of Indigenous jurisdiction. To expand possibilities for articulating forms of Indigenous jurisdiction that refuse the categories of colonial political economy, it is necessary to problematize the relationship between colonial state and corporate authority. 


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