Intersectional Inequality and Global Economic Power: Self-Feeding Dynamics Within and Across National Borders

Abstract

Abstract This paper explores the interlinkages among several trends that have accelerated in the years since the Great Financial Crisis (GFC): the inability of governments in open emerging-market economies to sustain countercyclical policies; central banks’ measures to ensure the stability of hyper-leveraged global financial markets; rising inequality within and between nations; nativist fervor and a search for political scapegoats among voting publics; and enhanced global economic control by unaccountable corporate elites. We “connect the dots” between global power-plays and national and local stratification processes by following the trajectory of six papers that Eugenia Correa authored or coauthored between 2012 and 2020 in English-language journals.