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Tham khảo tài liệu 'money and power great predators in the political economy of development_12', tài chính - ngân hàng, tài chính doanh nghiệp phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | MONEY AND POWER critical importance of state institutions to the nurturing of market economy in the first half of the last century but now they are joined in this role by international organisations. Our nation states are ossified and inept in relation to some of their past functionalities such as balancing the national accounts as capital becomes globally and strategically organised and commanded. Similarly welfare states which often represented the high water mark of the social struggle of the 1960s are now notoriously hard to create or defend. This book has illustrated that the Bretton Woods institutions are a particularly good example of Marx s hypothesis. For much of the last 60 years they have operated using the 1940s post-war mindset of Keynesianism and state-led intervention. More critically they have reflected and reinforced the structure of power which prevailed then. They have privileged for the subsequent development age the winners of the Second World War in terms of power boardroom representation ownership and votes. They stand at the helm of a Keynesian system of public underwriting and sponsorship of private accumulation using the peoples of the South as a vast reservoir of surplus producing labour and their natural resources as an unlocked storeroom to loot on behalf of the North. In terms of the new social theorists they are thus contained in a field and internalise a habitus from development discourse see Bourdieu 1977 or in Foucault s world they act only on an ensemble of possible actions derived from the last ensemble of possible actions or in a particular field of action Foucault 1983 221 . In this they have recurring policy fashions which often fail and use the same blunt interventionist tools such as adjustment despite their problems. In short they are habituated and rarely come up with new ideas which would fall outside their inherited ways of thinking and doing. Because of this and because of what they do the institutions of the .
