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Die (Semi-)Peripherie ins Zentrum rücken Eine Kulturelle Politische Ökonomie der „BRIC" und der Fall China. (German)
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- Author(s): Ngaui-Ling Sum
- Source:
Prokla: Zeitschrift für kritische Sozialwissenschaft; dez2010, Vol. 40 Issue 4, p543-566, 24p, 4 Charts- Subject Terms:
- Source:
- Additional Information
- Alternate Title: The Centring of (Semi-)Peripheral Economics: A Cultural Political Economy of 'BRIC' and the Case of China. (English)
- Subject Terms:
- Abstract: A cultural political economy (CPE) approach is adopted to examine the rise of discourses about the BRIC (Brazil, Russia, India and China) economies and about their implications for power shifts in the world system. Forces such as international investment banks, economic strategists, international organizations, national governments, business media, etc. contributed in constructing and circulating 'BRIC' as a new economic imaginary and investment form. These involved constructions of 'hope' and 'strength' over three overlapping stages: an investor story, an investor-consumer story, and now an investor-consumer-lender story. This amalgam of discourses and practices (which are subject to continuing renegotiation in response to changing circumstances and further shifts in the balance of forces) has facilitated the gradual sedimentation and naturalization of BRIC as a potential 'group' and has mediated particular power shifts in the global political economy. Specifically, this (trans-)national privileging and popularization of 'BRIC' is contributing to the (re-)making of investment patterns and neoliberal social relations. [ABSTRACT FROM AUTHOR]
- Abstract: Copyright of Prokla: Zeitschrift für kritische Sozialwissenschaft is the property of Bertz + Fischer GbR and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
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