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

By V. Spike Peterson

This booklet rewrites worldwide political economic climate via bringing disparate positive factors of globalization into relation and supplying an available narrative of "how we bought here," "what's going on," and "what it skill" from a serious vantage aspect.

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Additional info for A Critical Rewriting of Global Political Economy: Integrating Reproductive, Productive and Virtual Economies

Example text

Finally, specialization in economic activities is promoted, based on the assumption of comparative advantage, and export-oriented policies are favored in pursuit of economic development and growth (Berik 1999a, 402-409; Bakker 1994, 7-17). The consequences of these policies are matters of intense debate. The issues are obviously complex, and compounded by methodological and intellectual controversies regarding the accuracy, collection, selection, and interpretation of data. 6 First, proponents of neoliberal restructuring typically subscribe to neoclassical economic theory and the ideology of what Soros (1998) and Stiglitz (2002) call market fundamentalism.

The complexity of the account and of the global political economy afford no simple prescriptions or resolutions. All critique prefigures alternatives and the arguments developed throughout the book implicitly indicate how reorientation and resistance may unfold. More specifically, the book introduces an analytical orientation to and produces an account of globalization that reveals operations of power in the global political economy. It thus politicizes patterns, a critical assessment of which can inform resistance and opposition.

All critique prefigures alternatives and the arguments developed throughout the book implicitly indicate how reorientation and resistance may unfold. More specifically, the book introduces an analytical orientation to and produces an account of globalization that reveals operations of power in the global political economy. It thus politicizes patterns, a critical assessment of which can inform resistance and opposition. The evidence and argumentation detailed in the book suggest the need for plural strategies that accommodate local conditions.

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