Beyond ‘geo-economics’: advanced unevenness and the anatomy of German austerity

This article aims to shed new light on Germany’s domineering role in the eurocrisis. I argue that the realist-inspired depiction of Germany as a ‘geo-economic power’, locked into zero-sum competition with its European partners, is built around an empty core: unable to theorise how anarchy shapes the calculus of states where security competition has receded, it cannot explain why German state managers have insisted on an austerity response to the crisis despite its significant risks and costs even for Germany itself. To unlock this puzzle, this article outlines a version of uneven and combined development (UCD) that is better able to capture the international pressures and opportunities faced by policy elites in advanced capitalist states that no longer encounter one another as direct security rivals. Applied to Germany, this lens reveals a twofold unevenness in the historical structures and growth cycles of capitalist economies that shape its contradictory choice for austerity. In the long run, the reorientation of the export-dependent German economy from Europe towards Asian and Latin American late industrialisers renders the structural adjustment of the eurozone an opportunity—from the cost-saving view of German manufacturers producing in the European home market for export abroad, as well as for German state officials keen to sustain a crumbling class compromise centred on Germany’s world market success. In the short term, however, its exposed position between the divergent post-crisis trajectories of the US and Europe accelerates pressures for austerity beyond what German state and corporate elites would otherwise consider feasible

cohesion and conflict in transnational merchant families

How do people negotiate the diversity of positionalities within kin groups? Through a diachronic approach, I investigate how Ali and Jalal, two merchants with Azeri and Gilaki ethnic identifications who came to Hamburg in the 1930s, mobilized kin to generate capital along the lines of generation, gender, and age. The reader simultaneously learns about the local history of Iranian immigration. Building on literature about historical merchant networks, the social organization of the Iranian marketplace (bazaar), the anthropology of kinship and transnational families, I question the social cohesion on which Aihwa Ong's study of flexible capital creation relies. The material suggests that the experience of family relations influences agents' positioning in the local Iranian social field

German Industry and Global Enterprise. BASF: the History of a Company

This book examines the way in which BASF functions, delving into its corporate governance, financial system, industrial relations, systems of qualification, and relation to other companies in the same sector and to the economy at large. The structure of BASF's social system of production and its change through time are central themes of each of this book's four chronologically organised sections. The corporate history of BASF offers far more than just a glimpse into the functioning of an industrial organisation that has held its own on the market since 1865. It reveals a good deal about the reasons for the extraordinary economic dynamics of the German empire and the enormous expansion of the world economy before World War I. By the same token, BASF's history stands at the centre of Germany's wartime economy during both world wars and highlights both its strengths and its weaknesses