23 research outputs found

    The Other Path to Mont Pelerin

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    Comparative Capitalisms, Ideational Political Economy and French Post- Dirigiste

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    This article advances the case for the more systematic incorporation of ideational factors into comparative capitalisms analysis as a corrective to the rational choice proclivities of the Varieties of Capitalism approach. It demonstrates the pay-off of such an ideationally attuned approach through analysis of French capitalist restructuring over the last 25 years, placing it in comparative context. A modus operandi for such ideational explanation is elaborated through delineating different national conceptions of the market, and setting out their impacts on practices of market-making. The claim made in this article is that understanding the evolution of French capitalism requires recognition of the ongoing market-making role of the French State, in combination with the French conception of the market and its embedding within a social context characterised by the inter-penetration of public and private elitist networks of France's ‘financial network economy’ which remains substantially intact. The ideational dimension is crucial because French understandings of the market and competition, the ideational building blocks of market-making, inform French state interventions and leave footprints on French institutions and market structures, and the evolutionary trajectory of French capitalism. In charting this trajectory, this article deploys the concept of post-dirigisme. We map out the parameters and causes of the post-dirigiste condition in France through examination of French bond market development, privatisation, the shift from a government- to a market- dominated financial system, and French capitalism's internationalisation. It then uses post-dirigisme to explain French state responses to the financial crisis and the banking bailout, noting how state actors, in concert with the banking elites, actively facilitated dominant market positions of French international champions

    Depoliticization at the EU Level : Delegitimization and Circumvention of Representative Democracy in the Government of Europe

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    International audienceThis article defends the hypothesis that depoliticization practices in the European Union stem from the EU's institutions and actors's relationship, both singular and longstanding, with "the political" and representative democracy. We thus propose to take a perspective opposite to a dominant reading that regards depoliticization as a recent response to a critical juncture in EU integration, and in particular to the growing objections to which the EU is subjected. To do so, this article starts by highlighting the omnipresence of the logics of depoliticization and listing its main methodsexpertise, informal negotiation, permanent consultation of interest groupsin making European policies. Trying then to identify what feeds these depoliticization initiatives, it underlines a relationship of distrust regarding the mechanisms of representative democracy, which, far from being the exclusive prerogative of "euro-officials", is widely shared among Europe's professionals and closely linked to the genesis and institutionalization of the European field of power (Georgakakis, Rowel, 2013)
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