The Concept of Governance in the Spirit of Capitalism

Main author: Eagleton-Pierce, Matthew
Format: Journal Article           
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id eprints-21214
recordtype eprints
institution SOAS, University of London
collection SOAS Research Online
language English
language_search English
description Through combining insights from political economy and sociology, this article explains the early genesis of the policy notion of governance in relation to ideological changes in capitalism. Such an approach has tended to be neglected in existing conceptual histories, in the process, undermining a sharper politicization of the term and how it became normalized. The argument dissects how the emergence of governance can be understood in light of a relationship between political crises, social critique and justificatory arguments (centered around security and justice claims) that form part of an ideological ‘spirit of capitalism’. Through a distinctive comparison between the creation of ‘corporate governance’ in the 1970s and the formulation of a ‘governance agenda’ by the World Bank from the 1980s, the article elucidates how the concept, within certain policy uses, but by no means all, can reflect and help constitute a neoliberal spirit of capitalism.
format Journal Article
author Eagleton-Pierce, Matthew
author_facet Eagleton-Pierce, Matthew
authorStr Eagleton-Pierce, Matthew
author_letter Eagleton-Pierce, Matthew
title The Concept of Governance in the Spirit of Capitalism
publisher Taylor and Francis
publishDate 2014
url https://eprints.soas.ac.uk/21214/