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Like many buzzwords, 'global governance' is as poorly understood as it is popular. In contrast to most mainstream accounts, this book examines global economic governance as an integral moment of contemporary capitalism, presenting a critical insight into its real nature and the interests that it serves. *BR**BR*This book begins by asking what has not been discussed in the mainstream debates and why. Drawing on a Marxist perspective, Susanne Soederberg explores neglected issues including transnational debt and the increasingly coercive nature of US aid to so-called 'failed states'. *BR**BR*She argues that mainstream understandings fail to engage with the wider contradictions that characterise global capitalism. In consequence, there is no explanation of the changing nature of American empire and capitalist power in the world.
"This book theorizes the politics of debt and credit that underpins the expansion of consumer credit to the poor and addresses the role of states in facilitating consumer credit, in the developed and developing world. It features a range of case studies on pension securitization, credit cards, payday and student loans in the United States, and micro-lending and housing finance in Mexico"--
This is a critique of the attempts of the G7 industrialized countries to rewrite the rules of international finance. It includes case studies on capital controls from Chile and Malaysia and is aimed at scholars and students of international political economy and development and reform activists.
The book examines how distinct social structures, political cultures, patterns of party and interest group politics, classes, public policies, liberal democratic and authoritarian institutions, and the discourses that frame them, are being reshaped by political actors.
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