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A responsible global hegemony: the capitalist fantasy of authoritarian "good governance"

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Chapter 7 in Authoritarian Capitalism in the Age of Globalization, 2023, pp 119-144 from Edward Elgar Publishing

Abstract: Chapter 7: This chapter sheds light on the authoritarianism crucial to the contemporary international spread and maintenance of capitalism. Rather than a weakened state or merely trans-national forms of sovereignty, it illuminates the continued reliance of the free market on an emboldened governmental force for its protection. The promise of “good governance” exists as an affective discourse for increasing the scope of national governments to broaden the limits of its coercive power in order to “secure” marketization domestically against popular threats. In this respect, corporate globalization has produced “self-disciplining” neoliberal states. It additionally has dramatically expanded the authority and subsequent authoritarianism of international actors to influence and directly determine a country’s politics to reflect these neoliberal values. Present, as will be shown, is a multi-level global authoritarian fantasy of capitalist good governance.

Keywords: Business and Management; Economics and Finance; Law - Academic; Politics and Public Policy (search for similar items in EconPapers)
Date: 2023
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