Geography of Power Making Global Economic

This work looks at how contemporary global economic policies are made: by which institutions, under what ideologies, and how they are enforced. The author reveals the central roles played by organizations such as the IMF and the World Bank in supervising the livelihoods of over 2.5 billion people. He shows that neoliberal economic policy is enforced by a few thousand unelected and unaccountable experts in the North and has failed to deliver tolerable living conditions for the poor. The conclusion makes a positive contribution by exploring policy alternatives that point the way forward.

Richard Peet is Professor of Geography at Clark University in Worcester, Massachusetts.

Preface	p. vii
Introduction: concepts for a geography of power	p. 1
What are concepts?	p. 3
Policy regimes	p. 4
Ideology	p. 10
Hegemony	p. 12
Interpretation	p. 14
Discourse	p. 15
Governmentality	p. 17
Institutional geography	p. 19
Geography of power	p. 21
Global governance	p. 24
Power and policy	p. 25
Economic power	p. 28
Global finance capital	p. 29
Fordism and capital	p. 31
Money/power	p. 33
Wall Street influences	p. 37
Global risk management	p. 42
Foreign direct investment	p. 46
From global risk to global angst	p. 50
Ideological power	p. 53
Policy as enlightenment	p. 54
The geography of reason	p. 56
Geography of academia	p. 60
Hierarchies of knowledge	p. 61
Economics as discipline	p. 63
The discourse of Keynesian economics	p. 65
The discourse of neoliberal economics	p. 72
Critique of neoliberalism	p. 79
Economics as tragedy	p. 81
Political power	p. 85
The great U-turn	p. 85
The Counter-Establishment	p. 88
Think tanks	p. 91
Freedom and democracy	p. 94
Government bureaucracy - the Fed	p. 98
Government bureaucracy - the Treasury	p. 99
The IFIs	p. 105
The Washington Consensus	p. 109
After the Washington Consensus	p. 113
The Washington Consensus reappraised	p. 115
Benevolent consensus	p. 118
Millennium	p. 125
Hope and charity	p. 127
Sub-hegemony: South Africa	p. 129
Discourse of resistance	p. 130
Discourse of development	p. 134
Disciplining the ANC	p. 137
Getting in GEAR	p. 142
Sub-hegemony	p. 144
Counter-hegemony	p. 152
WSF alternative principles	p. 153
UN agencies	p. 155
UNCTAD	p. 156
UNDP	p. 159
Development NGOs	p. 160
Counter-hegemonic praxis	p. 164
The Bolivarian alternative	p. 168
The Bolivian alternative	p. 176
Counter-expertise	p. 181
The three neos	p. 184
Neo-imperialism	p. 184
Neoconservatism	p. 186
From neoconservatism to neoliberalism	p. 189
Neoliberalism and its discontents	p. 191
Bibliography	p. 195
Index	p. 209
Table of Contents provided by Ingram. All Rights Reserved.

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Geography of Power Making Global Economic Policy

Summary

Author Biography

Table of Contents

Supplemental Materials