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A Critical Rewriting of Global Political Economy: by V. Spi Peterson

By V. Spi Peterson

Relocating past a slim definition of economics, this pioneering booklet advances our wisdom of world political economic climate and the way we would significantly reply to it.V. Spike Peterson sincerely exhibits how key positive factors of the worldwide economic climate more and more make certain daily lives around the world. the 1st is explosive development in monetary markets that form enterprise decision-making and public policy-making, and the second one is dramatic development in casual and versatile paintings preparations that form income-generation and relations wellness. those advancements, although well known, are infrequently analyzed as inextricable and interacting dimensions of globalization. utilizing a brand new theoretical version, Peterson demonstrates the interdependence of reproductive, efficient and digital economies and analyzes inequalities of race, gender, classification and kingdom as structural beneficial properties of neoliberal globalization. offering a methodologically plural, cross-disciplinary and well-documented account of globalization, the writer integrates marginalized and disparate good points of globalization to supply an available narrative from a postcolonial feminist vantage element.

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Extra resources for A Critical Rewriting of Global Political Economy: Integrating Reproductive, Productive and Virtual Economies (Routledge Ripe Studies in Global Political Economy)

Sample text

I assume the risks because failing to do so has arguably more problematic consequences. Foremost among these is the extent to which failing to develop alternative, critical accounts cedes the analytical and ideological terrain to advocates of neoliberalism. Empirically, my structural and macro orientation does indeed reduce attention to differences, specificity, and locality. Again, I share a commitment to the indispensability of this attention to constructing adequate analyses. For reasons of space, however, this book does not foreground this specificity but builds its arguments on more detailed and localized accounts that are extensively referenced.

The former claim reflects ahistorical and essentializing tendencies, where objects of inquiry are treated as “givens” rather than investigated as historically “made” constructions. The latter claim flows from a denial of power as embedded in and pervading knowledgemaking practices. We might say that these players subscribe to a positivist view of power as external to – not an aspect or product of – their intellectual activities. To pursue the analogy, like enthusiasts for neoliberalism, enthusiasts for positivism acknowledge some adverse effects, but argue that the game and its rules are either inescapable or not themselves the problem.

At the same time, I join those postmodernists who argue that a rejection of universalizing metanarratives does not entail rejecting large-scale and systematic analyses of how power operates. The risks of overgeneralization are ever present and my interventions are neither innocent nor adequate in this regard. I assume the risks because failing to do so has arguably more problematic consequences. Foremost among these is the extent to which failing to develop alternative, critical accounts cedes the analytical and ideological terrain to advocates of neoliberalism.

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