Search

This article argues that interstate competition over the organization of the world economy shapes the spatial configuration of commodity chains. This departs from much of the literature that emphasizes firm- and sector-level dynamics. To illustrate this argument, we use formal network methods in conjunction with a historical analysis to examine the evolution of the global cotton trade between 1973 and 2012. Through this analysis, we demonstrate that changes in the spatial configuration of the cotton market were shaped by changes in the nature of competition among the most powerful states in the world economy. While the cotton trade was once characterized by a bipolar network reflecting the nature of interstate competition under the Cold War, by the early 2000s China’s accession to the World Trade Organization and the end of the Multi-Fiber Arrangement had dramatically reshaped the global cotton market. The result was a binodal network in which trade flows were increasingly concentrated between China and the United States. [ABSTRACT FROM AUTHOR]

This paper explores the dynamics of institutional change in periods of instability in the global capitalist system. Two recent bodies of literature--actor-centered institutionalism and the 'policy mobilities' approach--emphasize how contextual and historical specificities drive transformation as institutions move across space. However, scholars in both traditions give less attention to the systematic patterns of social conflict that influence how policies move and mutate. Drawing on the case of a standards war in the global cotton trade from 1870 to 1945,1 build on these literatures by linking them to a neo-Polanyian theory of social conflict within periods of market-led development. From this view, we must understand institutions, their mobilities, and mutations as constituted by and constitutive of struggles over how the global capitalist system should be organized and in whose interests. This requires building on, but also deepening Polanyi's analysis. While Polanyi emphasized the destructive effects of liberal market projects that generate social conflict, the 'push-backs' against liberal market projects are more diverse than Polanyi suggested, and social conflict can also emerge out of the creative moments of liberal market expansion. [ABSTRACT FROM AUTHOR]