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dc.contributor.authorWidmaier, Wesley
dc.date.accessioned2017-05-03T15:49:15Z
dc.date.available2017-05-03T15:49:15Z
dc.date.issued2010
dc.date.modified2010-10-04T06:54:34Z
dc.identifier.issn03058298
dc.identifier.doi10.1177/0305829810372693
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.
dc.description.peerreviewedYes
dc.description.publicationstatusYes
dc.languageEnglish
dc.language.isoeng
dc.publisherSage Publications
dc.publisher.placeUnited Kingdom
dc.relation.ispartofstudentpublicationN
dc.relation.ispartofpagefrom127
dc.relation.ispartofpageto144
dc.relation.ispartofissue1
dc.relation.ispartofjournalMillennium
dc.relation.ispartofvolume39
dc.rights.retentionY
dc.subject.fieldofresearchInternational Relations
dc.subject.fieldofresearchPolicy and Administration
dc.subject.fieldofresearchPolitical Science
dc.subject.fieldofresearchOther Studies in Human Society
dc.subject.fieldofresearchcode160607
dc.subject.fieldofresearchcode1605
dc.subject.fieldofresearchcode1606
dc.subject.fieldofresearchcode1699
dc.titleEmotions Before Paradigms: Elite Anxiety and Populist Resentment from the Asian to Subprime Crises
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.facultyGriffith Business School, Department of International Business and Asian Studies
gro.date.issued2010
gro.hasfulltextNo Full Text
gro.griffith.authorWidmaier, Wesley


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