Appeasing Bankers

Appeasing Bankers
Author :
Publisher : Princeton University Press
Total Pages : 246
Release :
ISBN-10 : 9780691186252
ISBN-13 : 0691186251
Rating : 4/5 (251 Downloads)

Book Synopsis Appeasing Bankers by : Jonathan Kirshner

Download or read book Appeasing Bankers written by Jonathan Kirshner and published by Princeton University Press. This book was released on 2018-06-05 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Appeasing Bankers, Jonathan Kirshner shows that bankers dread war--an aversion rooted in pragmatism, not idealism. "Sound money, not war" is hardly a pacifist rallying cry. The financial world values economic stability above all else, and crises and war threaten that stability. States that pursue appeasement when assertiveness--or even conflict--is warranted, Kirshner demonstrates, are often appeasing their own bankers. And these realities are increasingly shaping state strategy in a world of global financial markets. Yet the role of these financial preferences in world politics has been widely misunderstood and underappreciated. Liberal scholars have tended to lump finance together with other commercial groups; theorists of imperialism (including, most famously, Lenin) have misunderstood the preferences of finance; and realist scholars have failed to appreciate how the national interest, and proposals to advance it, are debated and contested by actors within societies. Finance's interest in peace is both pronounced and predictable, regardless of time or place. Bankers, Kirshner shows, have even opposed assertive foreign policies when caution seems to go against their nation's interest (as in interwar France) or their own long-term political interest (as during the Falklands crisis, when British bankers failed to support their ally Margaret Thatcher). Examining these and other cases, including the Spanish-American War, interwar Japan, and the United States during the Cold War, Appeasing Bankers shows that, when faced with the prospect of war or international political crisis, national financial communities favor caution and demonstrate a marked aversion to war.


Appeasing Bankers Related Books

Appeasing Bankers
Language: en
Pages: 246
Authors: Jonathan Kirshner
Categories: Political Science
Type: BOOK - Published: 2018-06-05 - Publisher: Princeton University Press

DOWNLOAD EBOOK

In Appeasing Bankers, Jonathan Kirshner shows that bankers dread war--an aversion rooted in pragmatism, not idealism. "Sound money, not war" is hardly a pacifis
The Bankers' Blacklist
Language: en
Pages: 258
Authors: Julia C. Morse
Categories: Political Science
Type: BOOK - Published: 2022-01-15 - Publisher: Cornell University Press

DOWNLOAD EBOOK

In The Banker's Blacklist, Julia C. Morse demonstrates how the Financial Action Task Force (FATF) has enlisted global banks in the effort to keep "bad money" ou
American Power after the Financial Crisis
Language: en
Pages: 201
Authors: Jonathan Kirshner
Categories: Political Science
Type: BOOK - Published: 2014-09-08 - Publisher: Cornell University Press

DOWNLOAD EBOOK

The global financial crisis of 2007–2008 was both an economic catastrophe and a watershed event in world politics. In American Power after the Financial Crisi
Banking on Markets
Language: en
Pages: 294
Authors: Rachel A. Epstein
Categories: Political Science
Type: BOOK - Published: 2017-08-15 - Publisher: Oxford University Press

DOWNLOAD EBOOK

States and banks have traditionally maintained close ties. At various points in time, states have used banks to manage their economies and soak up government de
An Unwritten Future
Language: en
Pages: 336
Authors: Jonathan Kirshner
Categories: Political Science
Type: BOOK - Published: 2024-08-20 - Publisher: Princeton University Press

DOWNLOAD EBOOK

An argument for the classical realist approach to world politics An Unwritten Future offers a fresh reassessment of classical realism, an enduring approach to u