Magazine article from our research archive:

The Social Sources of Financial Power: Domestic Legitimacy and International Financial Orders

The Social Sources of Financial Power: Domestic Legitimacy and International Financial Orders By Leonard Seabrooke. Ithaca, N.Y: Cornell University Press, 2006.

This book argues that if the state undertakes positive financial reform on behalf of lower-income groups (LIGs, defined as people whose income is below the median but above the poverty line), principally by improving their access to credit and property and lowering their tax burdens, it can broaden and deepen the domestic pool of capital and also enhance the state's role in international finance. Negative state intervention is defined as one in favor of rentiers and against the interests of LIGs. In contrast to most accounts of the ...

Related newspaper, magazine, and journal articles:

See all results. Or, try our Advanced Search.

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 60 million articles! Access over 3,500 publications with a FREE trial!