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In spite of the most thorough agrarian reform in nonsocialist Latin America, Mexico cannot feed its population. Steven Sanderson attributes the problems of Mexican agriculture to an internationalization of the food system promoted by the Mexican state, the trade system, and agribusiness. Originally published in 1986. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Now in an updated edition, this groundbreaking study develops a new approach to understanding the formation of the postrevolutionary state in Mexico. In a shift away from dominant interpretations, Adam David Morton considers the construction of the revolution and the modern Mexican state through a fresh analysis of the Mexican Revolution, the era of import substitution industrialization, and neoliberalism. Throughout, the author makes interdisciplinary links among geography, political economy, postcolonialism, and Latin American studies in order to provide a new framework for analyzing the development of state power in Mexico. He also explores key processes in the contestation of the modern state, specifically through studies of the role of intellectuals, democratization and democratic transition, and spaces of resistance. As Morton argues, all these themes can only be fully understood through the lens of uneven development in Latin America. Centrally, the book shows how the history of modern state formation and uneven development in Mexico is best understood as a form of passive revolution, referring to the ongoing class strategies that have shaped relations between state and civil society. As such, Morton makes an important interdisciplinary contribution to debates on state formation relevant to Mexican studies, postcolonial and development studies, historical sociology, and international political economy by revitalizing the debate on the uneven and combined character of development in Mexico and throughout Latin America. In so doing, he convincingly contends that uneven development can once again become a tool for radical political economy analysis in and beyond the region. A substantive new epilogue engages the main theoretical debates that have emerged since the book was first published, while also exploring the dominant geographies of power and resistance that are shaping state space in Mexico in the twenty-first century. And now a Spanish edition, Revolución y Estado en México moderno (México, D.F.: Siglo XXI, 2017), is available as well. Click here to see the book trailer.
Is the transnational coporation (TNC) an engine of growth capable of eliminating international economic inequalities or a major obstacle to development through a massive drain of surplus to advanced countries? This book presents five different perspectives on the role of TNCs: Neo-Classical Global Reach Neo-Imperialist Neo-Fundamentalist Internationalization of capital The author looks at their effect on local labour and capital, and considers the future prospects for TNC involvement in the Third World. The book provides an excellent comparative analysis of TNCs and will appeal to students in development studies and international economics.
Decentralization is accepted as one of the defining features of the third wave of democratic transitions in Latin America and commonly understood as an index and an agent of democratization. This rather optimistic perspective is inherent in the literature which is dominated by two theories. The liberal-individualist approach, especially as advocated by the World Bank, promotes decentralization policies on the premise of their efficiency, equity, and responsiveness to local demands. Similarly, the statist approach claims that decentralization can be the route to greater accountability, transparency and participation in governance; they add that this path should be guided by political elites and institutions. These dominant views nevertheless understate the extent to which certain decentralization policies have been implemented in lockstep with neoliberalization. This book examines the relationship between global economic processes and decentralization. It argues that through decentralization policies, the imperatives of neoliberal rules of competitiveness have been diffused into local governments and economies, generating different local development models. Whether decentralization produces democratic opening at the local level is contingent on how the local economy is integrated into global economic processes, and which social and economic groups are empowered, and disempowered, in that transition.
''Thomas Marois'' book, States, Banks and Crisis, is highly attractive to development scholars because of the combinations of topics it discusses, the countries analyzed, and its characterization of financial capital as dominant. In the last century the states of Mexico and Turkey promoted robust economic growth guided by powerful public banking organizations. The book captures how this came to a halt since the 1980s through the privatizing of economic activity, especially banking activities in ways that induced steep banking crises that halted economic development. Marois discusses the theory and history of Mexico and Turkey in depth offering an excellent analysis of their neoliberal experiences while proposing new alternatives to reshape the linkages between the financial sector and economic growth.'' Noemí Levy, National Autonomous University of Mexico (UNAM), Mexico City ''This book attempts to provide a critique of neoclassical and liberal political economists as well as the much-hyped and influential "varieties of capitalism" approach, a variant of institutionalist political economy, by claiming that they are dismissive of "the structural power of financial capital". In this regard, it makes an important contribution to the critical political economy tradition with its detailed analysis of the relations between the state, finance capital and labour in the context of two "emerging capitalisms", Mexico and Turkey. Thereby, it enhances our understanding of how the financial crises function as driving forces of neoliberal transformation by initiating new forms of state specific to peripheral capitalism.'' Galip Yalman, Middle East Technical University, Turkey ''As analysts fixated on the financial crisis convulsing the core capitalist countries, the so-called "emerging markets" also saw stunning tranformations in the world of finance capitalism. This remarkable study by Tom Marois carefully dissects the evolution of the banking industry in two of the most significant state-led capitalisms, Turkey and Mexico, as they formed finance-led neoliberal economic policies. The consequences for their development strategies makes for sober reading. This is a unique and crucial study for students of the comparative political economy of contemporary capitalism.'' Greg Albo, York University, Canada ''Financialization is as financialization does. It is a mix of the universal characteristics of finance within capitalism, its contemporary powerful hold over, even defining feature of, the neoliberal age, and the myriad of specific global markets and countries into which it has penetrated. In a stunning work of comparative political economy, Marois brilliantly weaves together these aspects of finance drawing on both innovative theoretical insights and primary case study evidence from Turkey and Mexico to furnish what will become a classic and original contribution to the understanding of financialization in the developing world, highlighting both the role of the state in the era of putatively free markets and the possibility, indeed, necessity of alternatives.'' Ben Fine, University of London, UK ''Marois has provided us with a fascinating, rigorous and important study of the rise and persistence of finance capitalism in Mexico and Turkey. Drawing on an innovative historical materialist lens, Marois'' analysis reveals the struggles, contradictions, and continued significance of the banking sector in defining and redefining neoliberal-led development in these so-called "emerging markets". This is a very welcome addition to critical understandings of the role of finance and states in the global South.'' Susanne Soederberg, Queen''s University, Canada Thomas Marois'' groundbreaking interpretation of banking and development in Mexico and Turkey builds on a Marxian-inspired framework premised on understanding states and banks as social relationships alongside crisis and labor as vital to finance today. The book''s rich historical and empirical content reveals definite institutionalized relationships of power that mainstream political economists often miss. While leading to a timely analysis of the impact of the Great Recession on Mexico and Turkey, the major contribution of States, Banks and Crisis in its account of emerging finance capitalism. This is defined as the current phase of accumulation wherein the interests of financial capital are fused in the state apparatus as the institutionalized priorities and overarching social logic guiding the actions of state managers and government elites, often to the detriment of labor. This interdisciplinary and accessible study on banking and development will prove to be an important resource for upper-level undergraduates, graduates, and scholars in economics, development studies, political science, political economy, development finance, sociology, international relations and international political economy.
Explores small-scale farming, the political economy of the global coffee industry, & initiatives that claim to promote more sustainable rural development in coffee-producing communities.