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Corporate Power And Instrumental States: Toward A Critical Reassessment Of The Role Of Firms, States And Regulation In Global Governance, Dan Danielsen

Dan Danielsen

In this chapter, the author critically examines the view, commonly held among political liberals and conservatives alike, of the nation-state as the primary institutional safeguard against economic instability, and the correlative conception of “economic crises” as primarily the result of “regulatory failure,” either in the form of too much or too little oversight by states over the economy. Building on the author’s recent work exploring the “global economic order” as a complex co-production of states and economic actors bargaining over and adapting in relation to the rules that govern them, the author suggests that the modern nation state might be …