Abstract
This chapter demonstrates the worth of economic patriotism (EP), and its particular way of understanding the politics of market-making and the role of the state, for understanding the limits of control. EP reflects profound if not self-evident contradictions between international market integration and spatially limited political mandates. This is the root of a profound disjuncture between what kinds of promises these politicians articulate to their citizens about ‘control’ over economy and the much more complex realities of achieving economic governance under twenty-first-century complex economic interdependence. Contemporary politicians have a very naïve (mis-)conception of state/market interactions. They presume, or pretend, to their electorates that they can pull all the necessary levers of economic policy to exert control over the national economic future.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsReferences
Block, F. (2003). Karl Polányi and the Writing of the Great Transformation. Theory and Society, 32(3), 275–306.
Block, F., & Evans, P. (2005). The State and the Economy. In N. Smelser & R. Swedberg (Eds.), Handbook of Economic Sociology (pp. 505–526). Princeton: Princeton University Press.
Clift, B. (2014). Comparative Political Economy: States, Markets and Global Capitalism. Basingstoke: Palgrave.
Clift, B., & Woll, C. (2012a). Economic Patriotism: Re-Inventing Control over Open Markets. Journal of European Public Policy, 19(3), 307–323.
Clift, B., & Woll, C. (2012b). The Revival of Economic Patriotism’. In G. Morgan & R. Whitley (Eds.), Capitalism and Capitalisms in the 21st Century (pp. 70–89). Oxford: Oxford University Press.
Hall, P., & Soskice, D. (2001). Varieties of Capitalism: Institutional Foundations of Comparative Advantage. Cambridge: Cambridge University Press.
Helleiner, E. (2014). Status Quo Crisis. Oxford: Oxford University Press.
List, F. ([1841] 1856). National System of Political Economy. Philadelphia: Lippincott & Co.
Polányi, K. ([1944] 2001). The Great Transformation: The Political and Economic Origins of Our Time. 2nd Beacon Paperback. Boston: Beacon Press.
Vogel, S. (1996). Freer Markets, More Rules? Ithaca. Cornell University Press.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2019 The Author(s)
About this chapter
Cite this chapter
Clift, B. (2019). Economic Patriotism, the Politics of Market-Making, and the Role of the State in Twenty-First-Century Capitalism. In: Gerőcs, T., Szanyi, M. (eds) Market Liberalism and Economic Patriotism in the Capitalist World-System. International Political Economy Series. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-05186-0_2
Download citation
DOI: https://doi.org/10.1007/978-3-030-05186-0_2
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-030-05185-3
Online ISBN: 978-3-030-05186-0
eBook Packages: Political Science and International StudiesPolitical Science and International Studies (R0)