International Political Economy and Poststructural Politics Edited by Marieke de Goede International Political Economy Series General Editor: Timothy M. Shaw, Professor of Commonwealth Governance and Development, and Director of the Institute of Commonwealth Studies, School of Advanced Study, University of London Titles include: Hans Abrahamsson UNDERSTANDING WORLD ORDER AND STRUCTURAL CHANGE Poverty, Conflict and the Global Arena Morten Bøås, Marianne H. Marchand and Timothy M. Shaw (editors) THE POLITICAL ECONOMY OF REGIONS AND REGIONALISMS Sandra Braman (editor) THE EMERGENT GLOBAL INFORMATION POLICY REGIME James Busumtwi-Sam and Laurent Dobuzinskis (editors) TURBULENCE AND NEW DIRECTIONS IN GLOBAL POLITICAL ECONOMY Martin Doornbos GLOBAL FORCES AND STATE RESTRUCTURING Dynamics of State Formation and Collapse Bill Dunn GLOBAL RESTRUCTURING AND THE POWER OF LABOUR Myron J. Frankman WORLD DEMOCRATIC FEDERALISM Peace and Justice Indivisible Barry K. Gills (editor) GLOBALIZATION AND THE POLITICS OF RESISTANCE Marieke de Goede (editor) INTERNATIONAL POLITICAL ECONOMY AND POSTSTRUCTURAL POLITICS Richard Grant and John Rennie Short (editors) GLOBALIZATION AND THE MARGINS Graham Harrison (editor) GLOBAL ENCOUNTERS International Political Economy, Development and Globalization Patrick Hayden and Chamsy el-Ojeili (editors) CONFRONTING GLOBALIZATION Humanity, Justice and the Renewal of Politics Axel Hülsemeyer (editor) GLOBALIZATION IN THE TWENTY-FIRST CENTURY Convergence or Divergence? Helge Hveem and Kristen Nordhaug (editors) PUBLIC POLICY IN THE AGE OF GLOBALIZATION Responses to Environmental and Economic Crises Takashi Inoguchi GLOBAL CHANGE A Japanese Perspective Kanishka Jayasuriya STATECRAFT, WELFARE AND THE POLITICS OF INCLUSION Dominic Kelly and Wyn Grant (editors) THE POLITICS OF INTERNATIONAL TRADE IN THE 21st CENTURY Actors, Issues and Regional Dynamics Mathias Koenig-Archibugi and Michael Zürn (editors) NEW MODES OF GOVERNANCE IN THE GLOBAL SYSTEM Exploring Publicness, Delegation and Inclusiveness Craig N. Murphy (editor) EGALITARIAN POLITICS IN THE AGE OF GLOBALIZATION George Myconos THE GLOBALIZATION OF ORGANIZED LABOUR 1945–2004 John Nauright and Kimberley S. Schimmel (editors) THE POLITICAL ECONOMY OF SPORT Morten Ougaard THE GLOBALIZATION OF POLITICS Power, Social Forces and Governance Richard Robison (editor) THE NEO-LIBERAL REVOLUTION Forging the Market State Timothy J. Sinclair and Kenneth P. Thomas (editors) STRUCTURE AND AGENCY IN INTERNATIONAL CAPITAL MOBILITY Fredrik Söderbaum and Timothy M. Shaw (editors) THEORIES OF NEW REGIONALISM International Political Economy Series Series Standing Order ISBN 0–333–71708–2 hardcover Series Standing Order ISBN 0–333–71110–6 paperback (outside North America only) You can receive future titles in this series as they are published by placing a standing order. Please contact your bookseller or, in case of difficulty, write to us at the address below with your name and address, the title of the series and the ISBN quoted above. Customer Services Department, Macmillan Distribution Ltd, Houndmills, Basingstoke, Hampshire RG21 6XS, England International Political Economy and Poststructural Politics Edited by Marieke de Goede University of Amsterdam, The Netherlands Editorial Matter and Selection, and Introduction © Marieke de Goede 2006 Chapter 1 © Marysia Zalewski 2006 Chapter 2 © Michael J. Shapiro 2006 Chapter 3 © Martin Coward 2006 Chapter 4 © Rob Aitken 2006 Chapter 5 © Earl Gammon and Ronen Palan 2006 Chapter 6 © V. Spike Peterson 2006 Chapter 7 © J. Magnus Ryner 2006 Chapter 8 © Bob Jessop and Ngai-Ling Sum 2006 Chapter 9 © Glyn Daly 2006 Chapter 10 © Wendy Larner 2006 Chapter 11 © Matt Davies 2006 Chapter 12 © Bice Maiguashca 2006 Chapter 13 © Louise Amoore 2006 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No paragraph of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, 90 Tottenham Court Road, London W1T 4LP. Any person who does any unauthorized act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The authors have asserted their rights to be identified as the authors of this work in accordance with the Copyright, Designs and Patents Act 1988. First published 2006 by PALGRAVE MACMILLAN Houndmills, Basingstoke, Hampshire RG21 6XS and 175 Fifth Avenue, New York, N. Y. 10010 Companies and representatives throughout the world PALGRAVE MACMILLAN is the global academic imprint of the Palgrave Macmillan division of St. Martin’s Press, LLC and of Palgrave Macmillan Ltd. Macmillan® is a registered trademark in the United States, United Kingdom and other countries. Palgrave is a registered trademark in the European Union and other countries. ISBN-13: 978–1–4039–4932–5 hardback ISBN-10: 1–4039–4932–8 hardback This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. A catalogue record for this book is available from the British Library. Library of Congress Cataloging-in-Publication Data International political economy and poststructural politics / edited by Marieke de Goede. p. cm. – (International political economy series) Includes bibliographical references and index. ISBN 1–4039–4932–8 (c1) 1. International economic relations. 2. International finance. 3. Globalization. I. Goede, Marieke de, 1971- II. International political economy series (Palgrave Macmillan (Firm)) HF1411.I51758 2006 337–dc22 2005056371 10987654321 15 14 13 12 11 10 09 08 07 06 Printed and bound in Great Britain by Antony Rowe Ltd, Chippenham and Eastbourne Contents List of Figures vii Acknowledgments viii Notes on Contributors ix Introduction: International Political Economy and the Promises of Poststructuralism 1 Marieke de Goede Part I: Poststructural Interventions 21 1. Survival/Representation 25 Marysia Zalewski 2. Adam Smith: Desire, History, and Value 43 Michael J. Shapiro 3. Securing the Global (Bio)Political Economy: Empire, Poststructuralism and Political Economy 60 Martin Coward 4. Performativity, Popular Finance and Security in the Global Political Economy 77 Rob Aitken 5. Libidinal International Political Economy 97 Earl Gammon and Ronen Palan Part II: Discourse, Materiality and Economy 115 6. Getting Real: The Necessity of Critical Poststructuralism in Global Political Economy 119 V. Spike Peterson 7. International Political Economy: Beyond the Poststructuralist/Historical Materialist Dichotomy 139 J. Magnus Ryner v vi Contents 8. Towards a Cultural International Political Economy: Poststructuralism and the Italian School 157 Bob Jessop and Ngai-Ling Sum 9. The Political Economy of (Im)Possibility 177 Glyn Daly Part III: Politics of Dissent 195 10. Neoliberalism: Policy, Ideology, Governmentality 199 Wendy Larner 11. Everyday Life in the Global Political Economy 219 Matt Davies 12. Rethinking Power from the Point of View of Resistance: The Politics of Gender 238 Bice Maiguashca 13. ‘There is No Great Refusal’: The Ambivalent Politics of Resistance 255 Louise Amoore Index 275 List of Figures 4.1 ‘See You Next Saturday – in Hongkong’ 89 8.1 From Foucauldizing Gramsci to Gramscianizing Foucault 165 8.2 The Five Discursively Selective Moments in the Production of Hegemony 168 vii Acknowledgments Many thanks to all contributors, who made this volume possible. Many thanks to Tim Shaw and Jen Nelson at Palgrave, who were enthusiastic about this project from the very beginning. I am indebted to an anonymous referee for Palgrave, who helped shape this volume in important ways. For comments on my introduction, as well as general help and advice, I am grateful to Louise Amoore, David Campbell, Martin Coward, Matt Davies, Christiane Hiley, Paul Langley and Erna Rijsdijk. Special thanks to Gunther Irmer, who contributed to the volume in innumerable ways. Chapter 2 previously appeared as part of Michael J. Shapiro (1993) Reading ‘Adam Smith’: Desire, History, and Value. London: Sage. Many thanks to Rowman Littlefield for permission to reprint. Chapter 10 previously appeared in Studies in Political Economy 63 (2000). Many thanks to Studies in Political Economy for permission to reprint. Marieke de Goede, Amsterdam July 2005 viii Notes on Contributors Rob Aitken currently teaches in the Division of Social Science at York University in Toronto, Canada. His research focuses on cultural economy and performativity in the context of private financial spaces. His research has appeared in the Review of International Political Economy and Consumption, Markets and Culture. Louise Amoore is Lecturer in Political Geography at the University of Durham. She is author of Globalisation Contested (2002) and editor of the Global Resistance Reader (2005). Martin Coward is a lecturer in International Relations at the University of Sussex. His recent work includes ‘The Imperial Character Of Our Times’ (Theory and Event 8 (1), 2005) and ‘Urbicide in Bosnia,’ in S. Graham (ed.) Cities, War and Terrorism: Towards an Urban Geopolitics (2004). Glyn Daly is Senior Lecturer in Politics and Sociology at the University of Northampton. He is author (with Slavoj Zˇizˇek) of Conversations with Zˇizˇek (2004). His research engages widely with the theory of ideology, the notion of the political and the question of impossibility. Matt Davies is a