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The Social Sources of Financial Power
Domestic Legitimacy and International Financial Orders
WEB PDF
Sofort lieferbar | Lieferzeit: Sofort lieferbar I
ISBN-13:
9781501726644
Veröffentl:
2018
Einband:
WEB PDF
Seiten:
256
Autor:
Leonard Seabrooke
Serie:
Cornell Studies in Political Economy
eBook Typ:
PDF
eBook Format:
EPUB
Kopierschutz:
2 - DRM Adobe
Sprache:
Englisch
Beschreibung:
A state's financial power is built on the effect its credit, property, and tax policies have on ordinary people: this is the key message of Leonard Seabrooke's comparative historical investigation, which turns the spotlight away from elite financial actors and toward institutions that matter for the majority of citizens. Seabrooke suggests that everyday contests between social groups and the state over how the economy should work determine the legitimacy of a state's financial and fiscal system. Ideally, he believes, such contests compel a state to intervene on behalf of people below the median income level, leading the state to broaden and deepen its domestic pool of capital while increasing its influence on international finance. But to do so, Seabrooke asserts, a state must first challenge powerful interests that benefit from the concentration of financial wealth.
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