By E. Comor
This volumes examines commodity intake either as an ongoing challenge for capital and a posh mediator of the post-Cold warfare political economic climate. Comor assesses intake as a middle yet contradictory nodal element in modern international (dis)order advancements arguing that capitalist consumption--as a political, monetary and sociological institution--facilitates efforts to rule via consent. even though, due to its constitutive impact, intake additionally mediates how vested pursuits (e.g., the yank nation and its competitors) conceptualize fascinating, possible, and possible concepts.
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Additional resources for Consumption and the Globalization Project: International Hegemony and the Annihilation of Time (International Political Economy)
55 trillion. 2 below). Cheap, widely available credit and longer working hours have enabled most to keep spending. ). Something quite remarkable and powerful is at work. The question, of course, is what? Why the optimism and/or the preference to spend borrowed money instead of cutting back? 28 Consumption and the Globalization Project 12% 10% 8% 6% 4% 2% 0% 1950 1960 1970 1980 1990 −2% 2000 Source: Bureau of Economic Analysis, 2006. 1 US personal savings, as a percentage of disposal income, 1950–2006 14 Total Debt 12 10 Consumer Credit 8 6 4 2 0 1950 1960 1970 1980 Source: United States Federal Reserve, 2006.
For one thing, why would the poorest Americans keep spending, even in the face of declining incomes, job insecurity and mounting debt? 55 trillion. 2 below). Cheap, widely available credit and longer working hours have enabled most to keep spending. ). Something quite remarkable and powerful is at work. The question, of course, is what? Why the optimism and/or the preference to spend borrowed money instead of cutting back? 28 Consumption and the Globalization Project 12% 10% 8% 6% 4% 2% 0% 1950 1960 1970 1980 1990 −2% 2000 Source: Bureau of Economic Analysis, 2006.
5 The question, of course, is precisely how does it do this and what, specifically, are its effects? Before answering this directly, the reader will note that in moving from a one-dimensional to a three-dimensional analysis of power, methodological difficulties arise. How, after all, can we assess something that cannot be readily observed or, indeed, doesn’t even happen? Following John Gaventa’s Power and Powerlessness,6 we know that seemingly unobservable inequalities can, in fact, be measured.
Consumption and the Globalization Project: International Hegemony and the Annihilation of Time (International Political Economy) by E. Comor