College of Wilmington Globalization Strategy Journal Article Study - Business Finance
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Globalization Strategies and the Economics Dispositif: Insights from Germany and the UK
Author(s): Jens Maesse
Source: Historical Social Research / Historische Sozialforschung , Vol. 43, No. 3 (165),
Special Issue: Economists, Politics, and Society. New Insights from Mapping Economic
Practices Using Field-Analysis (2018), pp. 120-146
Published by: GESIS - Leibniz Institute for the Social Sciences
Stable URL: https://www.jstor.org/stable/10.2307/26491531
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Globalization Strategies and the Economics Dispositif:
Insights from Germany and the UK
Jens Maesse ∗
Abstract: »Globalisierungsstrategien und das ökonomische Dispositif: Einblicke
aus Deutschland und Großbritannien«. This contribution analyses current transformations in the field of economics as a reconfiguration of various academic
cultures embedded in globalised hierarchies. The theoretical argument points to
the rules and modalities which constitute the field of economics as a dispositif
that covers different local academic fields and reaches into other areas of the
global political economy. Drawing on empirical data from German and UK economics, the study shows how national fields respond to global pressures and
create a global class society of economists. I will analyse, first, how academic
hierarchies develop in two different countries and, second, how discourses of
excellence constitute academic cultures within these hierarchies. On the basis
of wide-ranging empirical data, the analysis develops new theoretical reflections about the logic of academic fields under globalisation. As a result, three
different scientific cultures emerge that characterise the current field of academic economics: “native transnationals,” “migration transnationals,” and “local
transnationals.”
Keywords: Economic expert discourses, dispositif analysis, discourse studies,
globalisation, world system theory.
1.
Introduction
Academic fields typically tend to form an autonomous space of institutionalised positions, funds, publications, recruitment strategies, research methods,
knowledge areas, and debates (Bourdieu 1988). Economics seems to be an
exception, since it is systematically embedded in non-academic fields and
closely connected to the field of social power positions in the state and the
economy (Lebaron 2014; MacKenzie 2006; Schmidt-Wellenburg 2013, 2018).
This trans-epistemic nature of economics impacts academic life, career paths,
publication cultures, and the distribution of power and prestige within the
discipline.
∗
Jens Maesse, Institut für Soziologie, Justus-Liebig-Universität Gießen, Karl-Glöckner-Str. 21E,
D-35394 Gießen, Germany; jens.maesse@sowi.uni-giessen.de.
Historical Social Research 43 (2018) 3, 120-146 │ published by GESIS
DOI: 10.12759/hsr.43.2018.3.120-146
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Against this background, my paper analyses current transformations in the
field of economics as a reconfiguration of various academic cultures embedded
in globalised hierarchies. The general theoretical argument points to the rules
and modalities which constitute the field of economics as a dispositif that covers
different local academic fields and reaches, through trans-epistemic orientation,
into other areas of the globalised political economy. Drawing on empirical data
from German and UK economics, collected and analysed in the FED project,1
the study shows how local fields respond to global pressures and reconfigure as
a global trans-epistemic dispositif. First, I will show how academic hierarchies
develop in two different countries. Second, I will analyse how discourses of
excellence constitute academic cultures within these hierarchies.
The analysis develops new theoretical reflections on the logic of academic
fields under globalisation, on the basis of wide-ranging empirical data. I will
propose the idea of economics as a hybrid social field that is dislocated from
national fields and rearticulated in local fields, as well as global tendencies. To
understand and grasp this hybrid character not simply as a stage in transition
but as a fully developed social form, the paper will apply the Foucauldian term
of economics dispositif (Foucault 1980). A dispositif is not a homogenous
space or field, rather it regulates the heterogeneity between different regions,
subfields, discursive translations, and capital conversions. This results in split
and spectral battlefields among different academic cultures, between the local
and the global, the academic and the political, the economic and media logic.
The paper will elaborate the global transformations of economics by taking
into account the full complexities that constitute them through four interrelated
dynamics, as illustrated in Figure 1. In a first step (section 2), the transepistemic interconnectedness that ties the economics discipline to the wider
political economy will be explained. Since discourses of excellence are an
indirect effect of these trans-epistemic relations, section 3 will describe the
global emergence of excellence myths and explore how they are adopted in
local contexts of the UK and Germany. The second part of section 3 will investigate how discourses of excellence influenced the formation of an academic
class society, as reflected in strong academic hierarchies in the UK and weak
but visible inequalities in the German-speaking world. In a last step, section 4
will conclude by describing how three different academic cultures emerged
from the special field structure of economics that is now better understood as a
globalised dispositif.
1
Financial Expert Discourse, based in Mainz (Germany, 2011-2013) and Warwick (UK, 20132015), funded by the Volkswagen Foundation.
HSR 43 (2018) 3 │ 121
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Figure 1: The Constituttion of the Gloobalised Economics Dispositif
2.
TTheoretical and Histori cal Backgro
ound: Globalisation,
H
Hybridity,
and the Placce of the Ecconomics Discipline in
C
Current
Cap
pitalism
The currrent field of economics is an integral and im
mportant part of global capi-talism. Itts analysis can
nnot be detacheed from some initial reflectio
ons on the rolee
of econoomic expert discourses
d
withhin an increasingly heterog
geneous sociall
fabric. The
T social undeer globalisatioon is involved in permanent rearticulationss
between the global and
d the local (Roobertson 1992
2) in all spherees of social ac-tion. Acccording to worrld system theeory (Arrighi 1994),
1
globalissation emergedd
through the rise of cap
pitalism, as a ssocio-economiic system, from
m the very be-ginning, that was neverr restricted to nnational culturral (values and beliefs), polit-ical (govvernmental in
nstitutions, thee state) and social boundarries (particularr
classes). Globalisation
n is, rather, cconstructed arround trans-naational centre-n only influeence economicc
peripheryy structures off power and innequality that not
productioon but also shaape cultural lifeestyles in different regions off every specificc
historicaal structure. Accademic and noon-academic fiields, cultures and discoursess
are in coonstant interacttion with the ruuling hegemon
nic logic at a specific time inn
history. Therefore, thee global social order is not a fixed system
m, it is rather a
dynamic process of co
onstant exchannges, networkss, interactions, and transfor-mations (Foucault 200
08; Hardt and N
Negri 2001). Studies
S
of glob
balisation ana-lyse whaat type and forrm globalisatioon in each fielld takes, becau
use the currentt
world iss already a result of multipple globalisatio
on dynamics, that has beenn
evolvingg for many centturies (Braudell 1985).
HSR 43 ((2018) 3 │ 122
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Accordingly, my analysis will not raise questions of whether economics is
global or not. It is particularly interested in the historical mode of globalisation
that leads to certain changes in the discursive logic and field structure in German-speaking and UK economics departments. The current historical mode
seems to be dominated by a combination of discourses of excellence, as well as
the construction of an academic class society of significant hierarchies between
researchers and departments (Maesse 2017). Against this backdrop, I study the
globalisation dynamics of economics departments by focusing on certain transformations in a complex trans-epistemic constellation encompassing local
academic structures and global academic and non-academic pressures. These
transformations are driven by academisation and governmentalisation dynamics
that will be outlined in the remaining part of this section.
From an empirical viewpoint, economics departments are regarded as a cultural aspect of the current capitalist system that produces symbolic capital for
legitimation discourses (Fitzgerald and O’Rourke 2016). As economics is
closely connected to institutions within the field of power (Coats 1993;
Lebaron 2001) and, therefore, to the current form of economic globalisation, it
is also captured by actual trends of cultural globalisation (Maesse 2015a). This
is why, from a theoretical starting point, Bourdieusian field theory will be
further developed with Foucauldian discourse concepts. Whereas the late 19th
and early 20th centuries were characterised by a high degree of socioinstitutional integration attempts, the current form of globalisation seems to be
marked by trends of de-differentiation and hybridisation. Heterogeneity, ambiguity, hybridity, and transversal communications become more important.
Field theory accounts for the material and fixed power relations of the social
structure. Accordingly, fields are sites for fixing meanings, creating hierarchies
and institutionalising social relations. Discourses, on the other hand, open up
fields for complex and heterogeneous meaning-making processes. Thus, in
economic expert discourses in Europe and beyond, fields cannot exist without
discourses, since the latter make economics languages relevant in many contexts within academia, politics, administration, business, and so forth. And
discourses need fields as a socio-material base. Only when field logics and
discourses interact do hybrid cultures come into existence and start to evolve as
a result of global interactions. Hence, I use a discourse-field concept, drawing
on both Foucault and Bourdieu (Maesse and Hamann 2016), to grasp current
academic cultures in economics.
HSR 43 (2018) 3 │ 123
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Figure 2: Trans-Epistem
mic Field of Ecoonomics
•elitism/
symbolic
capital
•multiple
references//
popular capital
academicc
world
media
world
businesss
world
politicaal
world
•authorization/
economic
capital
•academissm/
political capital
Source: Maesse (2015a, 290
0).
The conccept of the tran
ns-epistemic fi
field of econom
mic expert disccourses will bee
applied in
i order to stud
dy how globallisation strateg
gies affect econ
nomics depart-ments. This
T
concept helps us to unccover the instittutional morph
hology that ac-counts foor the formatio
on of hybrid aacademic cultu
ures in econom
mics under thee
current globalisation
g
regime.
r
Howeever, globalisaation in econo
omics is not a
process based
b
solely on
o the internall dynamics off academic lifee; rather, locall
fields resspond to globaalisation proceesses of culturee, the economy
y, and politicall
institutioons. These processes take plaace within a political
p
and so
ocial constella-tion that is marked by a high degree oof “academisaation” (when acctors in societyy
mic, and mediaa
use acaddemic credentials as power ddevices in pollitical, econom
discoursees) and “goverrnmentalisationn” (when the relations of ex
xchange, trans-lation, annd communicaation between different subfields of the trans-epistemic
t
c
field are intensified). Therefore,
T
acaademic fields of
o economics are deeply in-volved inn the political economy.
e
Acadeemisation accou
unts for the rolle of economiccs language, sym
mbols, models,,
conceptss, rhetoric, acto
ors and so forthh at play in so
ociety; it refers to an ongoingg
trend tow
wards the proliferation of sym
mbolic capitalss, based on acaademic creden-tials, thaat are used for the ascription of social reco
ognition and th
he constructionn
of legitim
mation in polittics, media, andd the economy
y (Collins 1979
9; Reitz 2017) .
As a ressult, the univerrsity system seerves, among other things, as a source off
power (S
Schmidt-Welleenburg 2017) aand provides the
t rest of socciety with cre-dentials (Lebaron 2006
6). As such, itt provides society with the cultural
c
meanss
from acaademia to creeate “expert poositions” as discursive
d
hegemonies (con-trasting with
w this, see th
he Argentine ccase in Herediaa 2018, in this issue).
HSR 43 ((2018) 3 │ 124
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Motivated through academization, governmentalisation highlights the tendency that brings the economics discipline closer to political and economic
institutions (Dezalay and Garth 2009; Fourcade 2006; MacKenzie 2006). As
historical studies on the emergence of economic knowledge have shown
(Desrosières 1998; Morgan 1990; Speich Chassé 2013), economics was developed in the 20th century as a political science and had a huge impact on the
formation of ministries, policies, central banks, financial markets, and other
institutions of the political economy (Hall 1989). The economics discipline is
subjected to a certain pressure of expectations by governmentalisation. Whereas academisation explains how economics affects society, governmentalisation
takes society’s influence on economics into account.
The trans-epistemic field grasps these horizontal exchange mechanisms. It
illustrates how the academic world of economics is embedded within the global
political economy and it accounts for the power strategies that economic experts use when they take positions in media and policy discourse (Fitzgerald
and O’Rourke 2016). It can explain why the economics discipline was rearticulated as an “elitism dispositif” at the end of the 20th century (Maesse 2017).
The idea of the trans-epistemic field was developed to show and illustrate how
a discursive economy of academic signs and symbols, models and languages,
expert statements, theories, paradigms, and other cultural goods from economics circulate through the institutional contexts of academia, politics, media, and
the economy. It accounts for the hidden but constitutive discursive and institutional morphology that makes the formation of economic experts as hegemonic
actors in many fields of society possible.
Whereas former studies on the trans-epistemic field investigated the horizontal interrelationships of economics with society (Maesse 2013, 2015a), as
well as internal hierarchisation logics and the formation of an elite culture
(Maesse 2017), this article will take into account the different academic cultures that emerge as hybrids from globalisation dynamics. The following section draws on results from empirical studies on German-speaking and British
economics (Maesse 2015b, 2016) to reflect theoretically on how academic
discourses and institutions in economics react to trends of globalisation. These
global transformations are themselves already a result of ongoing and accelerating governmentalisation and academisation processes. Thus, trans-epistemic
embeddedness is an important prerequisite to situate the following analysis.
3.
Forces of Academic Globalisation
Sociological theory has analysed how social change appears under globalisation
(Robertson 1992). According to the general model, shared by institutionalism,
world system theory and cultural studies alike, social transformations are regarded as effects of local responses to global pressures. Whereas institutional
HSR 43 (2018) 3 │ 125
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theories (Schofer and Meyer 2005) explain these changes in terms of institutionalised values of a modern world polity, my study follows power-related
approaches to global culture and world system theory (Arrighi 1994; Hardt and
Negri 2001). The latter point to the role played by powerful social groups,
discourses, and techniques, which are embedded within structures of inequality
and domination. These groups are usually located at hegemonic centres of a
world capitalist system, whereas global transformations appear at peripheral
and semi-peripheral sites (Dezalay and Garth 2009). From the perspective of
(semi-)peripheral institutions, the centre serves as a role model for “legitimate,”
“unavoidable,” or “competitive” forms of social change (Münch 2014).
Accordingly, hegemonic institutions are usually idealised, decontextualized,
and presented as exemplary role models for social change to local institutions.
Different groups and diverse contexts start to interact with each other and enter
into discourses on political reform and social change. When dynamics of global
change start, dialectics of institutional reactivity begin to operate (Espeland and
Sauder 2007). The decontextualised model of the centre institution (i.e. certain
journal rankings, ratings, and impact-measurement rules) serves as a normative
discursive model that is interpreted by subordinate institutions in terms of
diverse re-contextualisations (i.e. the “Diamond List” in the UK, the “Handelsblatt Rankings” of economists in Germany). This leads to particular hybrid
academic forms, because it changes the way institutions perceive themselves
and how reputation, quality, and academic best practice are attributed to certain
academic researchers. Therefore, globalisation is not only a process of power
and domination, but also based on discourse and cultural translation. Both,
power and discourse create new socio-symbolic forms of hybridity in globally
dislocated fields.
In the first part of this section, I will outline how global models operate as
pressure technologies; in the second part, I will look at how German-speaking
and British universities have responded through local interpretations to global
trends. Both pressures and interpretative responses will be captured as “forces
of academic globalisation.”
3.1
Global Pressures within Academia
3.1.1 The Formalist Orthodoxy: A Globalised Style of Economic
Reasoning
In the 18th, 19th, and early 20th centuries, the economics discipline was characterised, worldwide, by a high degree of local and ...
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