Money and the Technologies of Subjugation: A Poststructuralist Analysis of the Ideology Which Legitimizes Liberal Political Economy

2015 ◽  
pp. 219-252
Author(s):  
Branka Mraović
2020 ◽  
Vol 37 (1) ◽  
pp. 233-248
Author(s):  
Loren Lomasky

AbstractAlthough the architectonic of Plato’s best city is dazzling, some critics find its detailed prescriptions inimical to human freedom and well-being. Most notably, Karl Popper in The Open Society and its Enemies sees it as a proto-totalitarian recipe, choking all initiative and variety out of the citizenry. This essay does not directly respond to Popper’s critique but instead spotlights a strand in the dialogue that positions Plato as an advocate of regulatory relaxation and economic liberty to an extent otherwise unknown in the ancient world and by no means unopposed in ours. His contribution to liberal political economy thereby merits greater attention and respect.


2013 ◽  
Vol 52 (1) ◽  
pp. 103-127 ◽  
Author(s):  
James Livesey

AbstractWilliam Pitt's 1785 proposal for a free trade area between Britain and Ireland attempted to use free trade as a mechanism of imperial integration. It was a response to the agitation for political reform in Ireland and followed the attainment of legislative independence in 1782. The proposal aimed at coordinating economic and fiscal policy between the kingdoms without imposing explicit political controls. This article establishes that the measure failed because of the lack of consensus around the idea of free trade. Three contrasting ideas of free trade became apparent in the debates around the propositions of 1785: imperial or neomercantilist free trade, Smithean free trade, and national or neo-Machiavellian free trade. Imperial free trade was critical of monopolies but sought to organize trade to the benefit of the imperial metropole; Smithean free trade saw open markets as a discipline that assured efficiency but required imperial institutional frameworks, legally secured, to function. Neo-Machiavellian free trade asserted the right of every political community to organize its trade according to its interests. The article establishes the genealogy of these three positions in pamphlet debates and political correspondence in Britain and Ireland from 1689 to 1785. It argues that majority political opinion in Ireland, with exceptions, understood free trade in a neo-Machiavellian sense, while Pitt was committed to a Smithean ideal. The propositions collapsed because these internal tensions became more evident under the pressure of criticism. Liberal political economy did not of itself offer a route to a British exceptionality that finessed the tensions inherent in empire.


1994 ◽  
Vol 26 (3) ◽  
pp. 86-94 ◽  
Author(s):  
Jonathan Diskin ◽  
Tim Koechlin

2019 ◽  
Vol 23 (3) ◽  
pp. 167-177
Author(s):  
Adom Getachew

This review essay situates Christopher Taylor’s Empire of Neglect: The West Indies in the Wake of British Liberalism (2018) in the context of the two-decade-long debate about the emergence of a liberal imperialism during the nineteenth century. Through an examination of the political economy of emancipation in the British West Indies, Taylor recasts the problem of liberal imperialism by decentering its justificatory discourses in the metropole to examine its practical effects in the colonies. In this turn, he provides an important and missing “materialization” of liberal empire that makes the deep connections between free trade and freeing slaves legible. The practical and theoretical coincidence of these nineteenth-century developments as well as Taylor’s reconstruction of a West Indian tradition of political economy provide a new way of conceptualizing colonial economic violence elaborated as the product of a neglectful empire. It is in this tradition of critiquing and resisting a neglectful empire that we find critical and normative resources to think beyond the terms of our own entrapments within the terms of liberal political economy.


1996 ◽  
Vol 39 (4) ◽  
pp. 1005-1048 ◽  
Author(s):  
Frank Trentmann

ABSTRACTThe debate over Free Trade was central to modem British history. This essay shifts attention from party politics to the changing discourse and perception of state and economy within the business community. It distinguishes three phases in the erosion of liberal political economy: reciprocity, defensive tariff reform, and modernizing protectionism. An analysis of the changing argument for protection points to the emergency of a new politico-economic settlement in the age of war and coordinated capitalism. The Free Trade culture of individualism and market was displaced by a new economic vision of combination and regulation. In political culture, however, state and economy continued to be viewed as separate spheres. Instead of a corporatist system, the new settlement between state and business was marked by a dissociation of economic from political pluralism.


Author(s):  
Christopher W. Calvo

This chapter further illustrates the split between American and British liberal political economy by analyzing the antebellum treatment of Thomas Malthus and David Ricardo. Important distinctions are shown between American liberals on population, and theories of rent and wages. American exceptionalism was the primary intellectual impetus behind liberal America’s apostasy from British classicism. This chapter showcases the various forms of laissez-faire ideology that circulated in the domestic discourse, with special attention paid to, among others, J. D. B. De Bow, George Tucker, Henry Vethake, Jacob Cardozo, and Thomas Dew. American exceptionalism, combined with the influence of regional social, political, economic and cultural attitudes, shaped Americans’ understanding of British liberalism.


Sign in / Sign up

Export Citation Format

Share Document