Structural Power without the Structure: A Class-Centered Challenge to New Structural Power Formulations

IF 4.1 2区 社会学 Q1 POLITICAL SCIENCE
Manolis Kalaitzake
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Abstract

This article argues for the utility in conceiving of two distinctive approaches to the structural power of finance—New Structural Power (NSP) and Traditional Structural Power (TSP). While both are crucial to political economy scholarship, this article highlights the intellectual trade-off that is inherent to the adoption of one perspective over the other, and it stresses the explanatory advantages of the TSP perspective specifically. First, it shows how the TSP framework can facilitate an understanding of when policymaker ideas do and do not matter in the exercise of structural power, retaining the concept of “automaticity” in structural power operations. Second, it demonstrates how each framework is custom-built to explain substantively different aspects of the policy process, with TSP research aimed at system-oriented limitation mechanisms and NSP research aimed at agent-oriented selection mechanisms. Third, it contends that TSP formulations must be embedded within a model of (contradictory) functional explanation, which is the best way to gain empirical traction on the most important macrostructural developments in contemporary finance-led capitalism. Methodologically, this implies an agenda of “explanation through commonalities” rather than the NSP-favored “explanation through variation.”
没有结构的结构性权力:以阶级为中心对新的结构性权力表述的挑战
本文论证了两种不同的金融结构权力方法——新结构权力和传统结构权力的实用性。虽然两者都对政治经济学学术至关重要,但本文强调了采用一种视角相对于另一种视角所固有的智力权衡,并特别强调了TSP视角的解释优势。首先,它展示了TSP框架如何有助于理解决策者的想法在行使结构性权力时起作用和不起作用,在结构性权力运作中保留“自动性”的概念。其次,它展示了如何定制每个框架来解释政策过程的实质性不同方面,TSP研究针对的是面向系统的限制机制,而NSP研究针对的则是面向代理的选择机制。第三,它认为TSP公式必须嵌入一个(矛盾的)功能解释模型中,这是对当代金融主导的资本主义中最重要的宏观结构发展获得经验牵引的最佳方式。从方法上讲,这意味着“通过共性进行解释”的议程,而不是NSP青睐的“通过变异进行解释”
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来源期刊
Politics & Society
Politics & Society Multiple-
CiteScore
5.00
自引率
4.20%
发文量
16
期刊介绍: Politics & Society is a peer-reviewed journal. All submitted papers are read by a rotating editorial board member. If a paper is deemed potentially publishable, it is sent to another board member, who, if agreeing that it is potentially publishable, sends it to a third board member. If and only if all three agree, the paper is sent to the entire editorial board for consideration at board meetings. The editorial board meets three times a year, and the board members who are present (usually between 9 and 14) make decisions through a deliberative process that also considers written reports from absent members. Unlike many journals which rely on 1–3 individual blind referee reports and a single editor with final say, the peers who decide whether to accept submitted work are thus the full editorial board of the journal, comprised of scholars from various disciplines, who discuss papers openly, with author names known, at meetings. Editors are required to disclose potential conflicts of interest when evaluating manuscripts and to recuse themselves from voting if such a potential exists.
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