Market life is increasingly conducted in the shadow of global events like 9/11, the Sub-Prime crisis and Brexit. Within International political economy (IPE) two broad positions can be discerned: either the event is ‘just an event’, a superficial spectacle in an otherwise straightforward story of power and hierarchy; or the event is large enough to be considered a ‘crisis’.
While sympathetic to such arguments, this book develops a more performative politics of the global event, arguing that the very idea of the event must be placed in question. How is the event constructed? How are market subjects performed in relation to the event? This book argues that emotional and psychological discourses of ‘trauma’ and ‘resilience’ provide an important affective register for understanding how the global event is ‘known’, how it is governed, and how the affective dimensions of market life might be lived. By identifying the contingent rise of these discourses, the author de-stabilises and re-politicises the apparent existential veracity of the global event. The critical possibilities and limits of the affective turn in market life can then be rendered according to classic questions of IPE: who wins, who loses, and how might it be changed?
An important work for advanced scholars and students of international political economy, ‘everyday and cultural political economy’, crisis and resilience, as well as broader debates on globalisation.
"James Brassett offers an indispensable analysis in Affective Politics of the Global Event that pushes beyond paradigmatic and institutional debates. Brassett shows how traumatic events do not so much disrupt rarefied structures as they demonstrate the everyday resilience (and politics) of market interactions - in the process challenging the rationalist premises that united realist, liberal and constructivist perspectives alike." - Wesley W. Widmaier, Associate Professor, School of Government and International Relations, Griffith University, Australia
"This book offers a broad-ranging engagement with the affective dimensions of global events. Examining phenomena as diverse as terrorism and financial crises, Brassett shows how our collective emotional perception of traumatic events also shapes how they unfold and generate practices of resilience." - Roland Bleiker, Professor of International Relations, University of Queensland
Preface: how does a global market come to life?
Introduction: Austerity, Affect, Event
Trauma and the Global Event
3. Trauma and Global Ethics: Affective Politics of the Event
4. Trauma and the Sub-Prime Crisis: Governing the Financial Event?
5. Trauma and the Market Subject: Performing Vulnerability
Resilience and the Global Event
6. Resilience and Neo-Liberalism: The Deus Ex Machina of the Future Event
7. Resilience and (Everyday) Finance: Performing Adaptability Differently
8. Resilience and the Market Subject: Affective Economies of Life
For almost two decades now, the RIPE Series published by Routledge has been an essential forum for cutting-edge scholarship in International Political Economy. The series brings together new and established scholars working in critical, cultural and constructivist political economy. Books in the RIPE Series typically combine an innovative contribution to theoretical debates with rigorous empirical analysis.
The RIPE Series seeks to cultivate:
James Brassett – Warwick
Eleni Tsingou – Copenhagen Business School
Susanne Soederberg – Queen’s