POLITICS, INSTITUTIONS, CONSTRUCTIVISM and the EMERGING INTERNATIONAL REGIME for FINANCIAL REGULATION

This article examines the growing number of interconnected international groupings that have been built to regulate global finance over the past quarter century. It suggests that the rationalistic approaches focusing on egoistic actors that have dominated scholarly study of this issue area have contributed to the understimation of the strenght of the regime for regulating global finance. It examines, as an alternative, constructivist approaches that stress the importance of institution.     

HOW TO BE SOPHISTICATED, LIE, CHEAT, BLUFF AND WIN AT POLITICS

Abstract. This paper presents an informal argument about the relationship between strategic interaction and'economic'theories of political processes. It is concerned with interactions between small groups of rational actors, in which each knows the preferences of the others and is attempting to get the better of the others. In these circumstances, the outcome is usually determined by the strategic interaction involved and is often, therefore, rather unstable. Since formal models in themselves do not help us very much to interpret the processes involved, the bulk of the paper is concerned with an analysis of various aspects of strategic interaction. These include being sophisticated, lying, cheating and bluffing.     

POLITICS, PLANNING, AND CAPITALISM: NATIONAL ECONOMIC PLANNING IN FRANCE AND BRITAIN

Abstract. This study examines explanations for the success or failure of planning efforts of the 1945 British Labour Government and the French Government ofthe Fourth Republic. Most conventional views of British postwar planning depict it as hopelessly weak and disorganized while French planningisseen as reasonably well-armed and effectively organized. However, these views reflect excessive attention on purely administrative as well as political-cultural explanations and tend to ignore the critical underlying role of domestic politics and power. The French planning effort was only one element of a broader, relatively uncoordinated collaborative process. carried on among bureaucratic state elites and large industry, which effectively accelerated industrial investment and economic growth. Its success hinged on the inability of organized labour effectively to defend its wage interests within the political structure. In the British case, manipulation of capital markets was only marginally productive given the power and autonomy of the finance sector while the alternative attempt to plan through manpower direction failed due to the ability of organized labour to defend its wage interests in the face of chronic inflation. In each case. the structure of political power was most important in determining the success of the divergent technical approaches to planning.     

POLITICS, TOTALITARIANISM AND FREEDOM: THE POLITICAL THOUGHT OF HANNAH ARENDT

FEW contemporary political thinkers have attempted as much as Hannah Arendt has in the course of her effort to formulate a philosophy capable of comprehending every important aspect of the human condition. Her endeavours have not indeed passed unnoticed; on the contrary, each of her major works has been extensively reviewed and the originality of her thought readily acknowledged. And yet, surprisingly, little attention has been paid to her work considered as a whole;' the complex of ideas which gives her essays their unity as a body of writing on political philosophy has been neglected. In the present paper an attempt will be made to rectify this state of affairs by directing attention away from the trees to the wood.