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The market in global international society: a dialectic of contestation and resilience

Buzan, Barry and Falkner, Robert ORCID: 0000-0001-9990-6926 (2022) The market in global international society: a dialectic of contestation and resilience. In: Flockhart, Trine and Paikin, Zachary, (eds.) Rebooting Global International Society: Change, Contestation and Resilience. Governance, Security and Development. Palgrave Macmillan, Cham, CH, 237 - 260. ISBN 9783031113925

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Identification Number: 10.1007/978-3-031-11393-2_12


This chapter gives an overview of how the market became a primary institution of global international society during the nineteenth century, and how its standing in that role has fared since then. It will pay particular attention to the rather dramatic cycle of rise and fall in the standing of ‘market ideology’ over the past two centuries, which is an unusual feature in the evolution of primary institutions. Such institutions normally emerge, evolve and sometimes decline in a smoother pattern. The chapter uses this distinctive feature of the market to think about the present standing of this institution and how to interpret it.

Item Type: Book Section
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Additional Information: © 2022 The Editors and The Authors, under exclusive license to Springer Nature Switzerland AG
Divisions: International Relations
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HC Economic History and Conditions
J Political Science > JZ International relations
JEL classification: F - International Economics > F5 - International Relations and International Political Economy > F52 - National Security; Economic Nationalism
G - Financial Economics > G1 - General Financial Markets > G10 - General
Date Deposited: 05 Jan 2023 09:09
Last Modified: 15 Sep 2023 10:18

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