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Real (E)State - valuing a nation under imperial rentier capitalism
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Schwöbel-Patel, Christine (2023) Real (E)State - valuing a nation under imperial rentier capitalism. In: Feichtner, Isabel and Gordon, Geoff, (eds.) Law and the Global Constitution of Value: Ecology, Governance and Political Economy. Routledge.
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Abstract
That nation states have a market value may appear non-sensical to international lawyers, who rely on concepts such as sovereign equality to identify the formal position of a state in the so-called international community. In this chapter, I explore the relationship between international law and imperialism as key components in the transformation of the state into facilitator of rent-seeking practices – a process, which determines the value of a nation. I argue that a web of international laws intersect that support a global stratification of rentier capitalist states and those from which they extract value. Central to this order is the propertisation of certain territories. To explain imperial rentier capitalism, I describe the historical and contemporary propertisation of Greenland – a topic that gained some attention in 2019, when President Trump expressed his intention to buy Greenland as part of a ‘real estate deal’.
| Item Type: | Book Item | ||||||
|---|---|---|---|---|---|---|---|
| Subjects: | J Political Science > JX International law K Law [Moys] > KC International Law |
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| Divisions: | Faculty of Social Sciences > School of Law | ||||||
| Publisher: | Routledge | ||||||
| Book Title: | Law and the Global Constitution of Value: Ecology, Governance and Political Economy | ||||||
| Editor: | Feichtner, Isabel and Gordon, Geoff | ||||||
| Official Date: | 2023 | ||||||
| Dates: |
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| Status: | Peer Reviewed | ||||||
| Publication Status: | Forthcoming | ||||||
| Reuse Statement (publisher, data, author rights): | This is an Accepted Manuscript of a book chapter published by Routledge in Law and the Global Constitution of Value: Ecology, Governance and Political Economy on [date of publication], available online: http://www.routledge.com/[BOOK ISBN URL] | ||||||
| Access rights to Published version: | Restricted or Subscription Access | ||||||
| Date of first compliant deposit: | 6 September 2022 |
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