A critique of neo-mercantilist analyses of Icelandic political economy and crisis

Belfrage, Claes ORCID: 0000-0003-0866-4787, Bergmann, Eirikur and Berry, David M (2015) A critique of neo-mercantilist analyses of Icelandic political economy and crisis. CAPITAL AND CLASS, 39 (3). pp. 515-536.

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Abstract

<jats:p> Iceland’s journey from rags to riches in the 20th century is related, in the dominant discourse, to its gaining independence in 1944. This discourse played a significant role in both the legitimation of the finance-dominated growth model in the 1990s and 2000s and in the latter’s defence as it came under scrutiny before its collapse in October 2008. It is therefore ironic – or perhaps, in some sense, logical – to find dominant analyses of the crisis arising from the neo-mercantilist tradition. Drawing on Marxist critiques of neo-mercantilism, we challenge these interventions and thus seek to redress the neglect of social struggle in the dominant discourse. </jats:p>

Item Type:	Article
Uncontrolled Keywords:	Crisis, financialisation, Icelandic political economy, nationalism, neo-mercantilism
Subjects:	?? DL ?? ?? H1 ?? ?? HB ?? ?? HC ?? ?? HJ ?? ?? HV ??
Depositing User:	Symplectic Admin
Date Deposited:	14 Oct 2015 09:32
Last Modified:	17 Dec 2022 01:33
DOI:	10.1177/0309816815602082
Related URLs:	Author Publisher
URI:	https://livrepository.liverpool.ac.uk/id/eprint/2028160