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dc.contributor.authorWidmaier, Wesleyen_US
dc.date.accessioned2017-04-24T13:23:40Z
dc.date.available2017-04-24T13:23:40Z
dc.date.issued2010en_US
dc.date.modified2010-10-04T06:54:34Z
dc.identifier.issn03058298en_US
dc.identifier.doi10.1177/0305829810372693en_AU
dc.identifier.urihttp://hdl.handle.net/10072/34384
dc.description.abstractEmotional forces shape not only market tendencies to "manias, panics and crashes," but also policy debates as they predispose agents to definitions of state and societal interests. Nevertheless, IR scholars often downplay emotional influences, casting them as secondary to coalitional or cognitive forces. In this paper, I address these limitations by disaggregating intersubjective understandings into popularly-resonant traditions of thought and elite-based paradigmatic frameworks. Drawing on the insights of Reinhold Niebuhr and Richard Hofstadter, I then argue that elite anxieties regarding populism can engender the "technocratic repression" of emotion from paradigmatic debates in ways that paradoxically render policy less stable and pragmatic. First, such repression obscures the emotional bases of market trends and engenders overconfidence in the ability of monetary fine tuning to restrain manias and to contain panics. Secondly, in isolating paradigmatic debate from everyday language, technocratic repression frustrates deliberation and can exacerbate populist resentments, requiring the construction of crises to advance change. Shifting to an empirical focus, I suggest that tendencies to technocratic repression in the 1990s and early twenty-first century engendered overconfidence in monetary fine tuning. In the post-subprime context, the key question is the extent to which this bias in favor of monetary policy has been reversed, or whether constructions of the subprime crisis have legitimated a revived regulatory stress. In sum, this analysis highlights the reality of emotion as an influence on the international political economy.en_US
dc.description.peerreviewedYesen_US
dc.description.publicationstatusYesen_AU
dc.languageEnglishen_US
dc.language.isoen_AU
dc.publisherSage Publicationsen_US
dc.publisher.placeUnited Kingdomen_US
dc.relation.ispartofstudentpublicationNen_AU
dc.relation.ispartofpagefrom127en_US
dc.relation.ispartofpageto144en_US
dc.relation.ispartofissue1en_US
dc.relation.ispartofjournalMillenniumen_US
dc.relation.ispartofvolume39en_US
dc.rights.retentionYen_AU
dc.subject.fieldofresearchInternational Relationsen_US
dc.subject.fieldofresearchcode160607en_US
dc.titleEmotions Before Paradigms: Elite Anxiety and Populist Resentment from the Asian to Subprime Crisesen_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Peer Reviewed (HERDC)en_US
dc.type.codeC - Journal Articlesen_US
gro.facultyGriffith Business School, Department of International Business and Asian Studiesen_US
gro.date.issued2010
gro.hasfulltextNo Full Text


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