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Appeasing Bankers: Financial Caution on the Road to War (Princeton Studies in International History and Politics (173)) by Jonathan Kirshner is a book available to read on EtoBox.

What is Appeasing Bankers: Financial Caution on the Road to War (Princeton Studies in International History and Politics (173)) about?

In "Appeasing Bankers", Jonathan Kirshner shows that bankers dread war - an aversion rooted in pragmatism, not idealism. "Sound money, not war" is hardly a pacifist rallying cry. The financial world values economic stability above all else - and crises and war threaten that stability. States that pursue appeasement when assertiveness - or even conflict - is warranted, Kirshner demonstrates, are often appeasing their own bankers. And these realities are increasingly shaping state strategy in a world of global financial markets. Yet the role of these financial preferences in world politics has been widely misunderstood and underappreciated. Liberal scholars have tended to lump finance together with other commercial groups, theorists of imperialism (including, most famously, Lenin) have misunderstood the preferences of finance, and realist scholars have failed to appreciate how the national interest, and proposals to advance it, are debated and contested by actors within societies. Finance's interest in peace is both pronounced and predictable, regardless of time or place. Bankers, Kirshner shows, have even opposed assertive foreign policies when caution seems to go against their nati

Author

Jonathan Kirshner

Publisher

Princeton: Princeton University Press

Published

2007

Language

EN

ISBN

9780691186252

Subjects

Political Science, Finance, History