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The Market in Global International Society: A Dialectic of Contestation and Resilience

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Rebooting Global International Society

Part of the book series: Governance, Security and Development ((GSD))

Abstract

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.

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Notes

  1. 1.

    For the full case see Barry Buzan and Robert Falkner, The Market and Global International Society (forthcoming).

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Author information

Authors and Affiliations

  1. London School of Economics and Political Science, London, UK

    Barry Buzan & Robert Falkner

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  1. Barry Buzan
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  2. Robert Falkner
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Editors and Affiliations

  1. Department of Political Science and Public Management, University of Southern Denmark, Odense, Denmark

    Trine Flockhart

  2. Centre for European Policy Studies (CEPS), Brussels, Belgium

    Zachary Paikin

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Buzan, B., Falkner, R. (2022). The Market in Global International Society: A Dialectic of Contestation and Resilience. In: Flockhart, T., Paikin, Z. (eds) Rebooting Global International Society. Governance, Security and Development. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-11393-2_12

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  • DOI: https://doi.org/10.1007/978-3-031-11393-2_12

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-031-11392-5

  • Online ISBN: 978-3-031-11393-2

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