Tracing the Transformation of the US’s Hegemonic Paradigm in the Historical Process: From Embedded Liberalism to Disembedded Financial Liberalism

Betül Sarı Aksakal

Makale detayları

Tracing the Transformation of the US’s Hegemonic Paradigm in the Historical Process: From Embedded Liberalism to Disembedded Financial Liberalism

Yazarlar:

Betül Sarı Aksakal

Yayıncı:

Eskişehir Osmangazi University

Dergi:

Eskişehir Osmangazi Üniversitesi Sosyal Bilimler Dergisi Vol.24 Issue 1, pp.17-40

Belge Tipi:

Makale

Yayın Tarihi:

3/2023

Belge Dili:

İngilizce

Document ID (Org No.):

2001286842

pISSN:

2149-9047

Anahtar kelimeler:

Özet:

 The emergence of the United States US as the worldwide dominant power is an affair that needs to be investigated in light of some historical experiences. Afterward the Second World War, the US reestablished the worlds deteriorating international monetary and financial system. Embedded liberalism reinforced and stabilized the US hegemony as the form of economic, political, and institutional organization by generating the requirements for consolidating the global economy in which the US takes a leading role. From the mid-1970s, after integrating the world economy into an accumulation regime characterized by finance capital-as, a natural consequence of the transition to neoliberal policies-it was understood that fragmented financial liberalism began to show its effect as a new strategy that would ensure the continuity of the US hegemony. The study has departed from the problematic of elucidating the change in the hegemonic strategy of the US from its birth to the present day. In this problematic context, the shift of the US hegemonic strategy from embedded liberalism to disembedded financial liberalism and the central dynamics determining this shift is examined in the axis of historical perspective.

 The emergence of the United States US as the worldwide dominant power is an affair that needs to be investigated in light of some historical experiences. Afterward the Second World War, the US reestablished the worlds deteriorating international monetary and financial system. Embedded liberalism reinforced and stabilized the US hegemony as the form of economic, political, and institutional organization by generating the requirements for consolidating the global economy in which the US takes a leading role. From the mid-1970s, after integrating the world economy into an accumulation regime characterized by finance capital-as, a natural consequence of the transition to neoliberal policies-it was understood that fragmented financial liberalism began to show its effect as a new strategy that would ensure the continuity of the US hegemony. The study has departed from the problematic of elucidating the change in the hegemonic strategy of the US from its birth to the present day. In this problematic context, the shift of the US hegemonic strategy from embedded liberalism to disembedded financial liberalism and the central dynamics determining this shift is examined in the axis of historical perspective.

 The emergence of the United States US as the worldwide dominant power is an affair that needs to be investigated in light of some historical experiences. Afterward the Second World War, the US reestablished the worlds deteriorating international monetary and financial system. Embedded liberalism reinforced and stabilized the US hegemony as the form of economic, political, and institutional organization by generating the requirements for consolidating the global economy in which the US takes a leading role. From the mid-1970s, after integrating the world economy into an accumulation regime characterized by finance capital-as, a natural consequence of the transition to neoliberal policies-it was understood that fragmented financial liberalism began to show its effect as a new strategy that would ensure the continuity of the US hegemony. The study has departed from the problematic of elucidating the change in the hegemonic strategy of the US from its birth to the present day. In this problematic context, the shift of the US hegemonic strategy from embedded liberalism to disembedded financial liberalism and the central dynamics determining this shift is examined in the axis of historical perspective.

 Amerikanın İkinci Dünya Savaşından bu yana dünya çapında hakim bir güç olarak ortaya çıkışı, bazı tarihsel tecrübeler ışığında incelenmesi gereken bir konudur. İkinci Dünya Savaşının ardından ABD dünyanın çöken uluslararası para ve finans sistemini yeniden kurmuş, böylelikle lider pozisyonda olacağı uluslararası kapitalist sistemi oluşturmuştur. Gömülü liberalizm, ekonomik, politik ve kurumsal bir örgütlenme stratejisi olarak ABD hegemonyasını sağlamlaştırarak istikrarlı bir hale getirmiş, uluslararası sistemde ABDnin başrol oynadığı bir küresel ekonominin somutlaşmasının koşullarını yaratmıştır. 1970lerin ortalarından itibaren ise-neoliberal politikalara geçişin doğal bir sonucu olarak, dünya ekonomisinin finans kapital ile karakterize bir birikim rejimine entegrasyonunun ardından, parçalanmış finansal liberalizmin ABD hegemonyasının devamlılığını sağlayacak yeni bir strateji olarak etkisini göstermeye başladığı anlaşılmıştır. Çalışma, ABD hegemonyasının ortaya çıkışından günümüze kadar uzanan zaman diliminde, ABDnin hegemonik stratejisinde meydana gelen değişimi açıklama sorunsalından hareket etmiştir. Bu sorunsal bağlamında, ABD hegemonik stratejisinin gömülü liberalizmden parçalanmış finansal liberalizme kayışı ve bu kayışı belirleyen temel dinamikler tarihsel perspektif ekseninde irdelenmiştir.

Makale detayları

Tracing the Transformation of the US’s Hegemonic Paradigm in the Historical Process: From Embedded Liberalism to Disembedded Financial Liberalism

Yazarlar:

Betül Sarı Aksakal

Yayıncı:

Eskişehir Osmangazi University

Dergi:

Eskişehir Osmangazi Üniversitesi Sosyal Bilimler Dergisi Vol.24 Issue 1, pp.17-40

Belge Tipi:

Makale

Yayın Tarihi:

3/2023

Belge Dili:

İngilizce

Document ID (Org No.):

2001286842

pISSN:

2149-9047

Embedded liberalism

US hegemony

Cold War

disembedded financial liberalism

financial crises.

Amerikan hegemonyası

gömülü liberalizm

Soğuk Savaş

parçalanmış finansal liberalizm

finansal krizler.

Sayı

Makale detayları

Yazarlar: Betül Sarı Aksakal

Yayıncı: Eskişehir Osmangazi University

Dergi: Eskişehir Osmangazi Üniversitesi Sosyal Bilimler Dergisi Vol.24 Issue 1, pp.17-40

Belge Tipi: Makale

Yayın Tarihi: 3/2023

Belge Dili: İngilizce

Document ID (Org No.): 2001286842

pISSN: 2149-9047

Sayı

Yazarlar:

Betül Sarı Aksakal

Yayıncı:

Eskişehir Osmangazi University

Dergi:

Eskişehir Osmangazi Üniversitesi Sosyal Bilimler Dergisi Vol.24 Issue 1, pp.17-40

Belge Tipi:

Makale

Yayın Tarihi:

3/2023

Belge Dili:

İngilizce

Document ID (Org No.):

2001286842

pISSN:

2149-9047