Money is politics

  title={Money is politics},
  author={Jonathan Kirshner},
  journal={Review of International Political Economy},
  pages={645 - 660}
  • J. Kirshner
  • Published 1 November 2003
  • Economics
  • Review of International Political Economy
The management of money is always and everywhere political: for every policy choice, there is an alternative that some actors would prefer. The contemporary salience of enormous and influential financial markets has obscured this immutable political reality, by leaving the impression that market forces transcend politics, and render political conflicts moot. Since market forces impose the ‘best practice’ on states, policies are chosen by the force of economic logic rather than by politics and… 
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