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Transnational elite forces, restructuring and resistance in Bolivia

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Tsolakis, Andreas. (2009) Transnational elite forces, restructuring and resistance in Bolivia. Law, Social Justice and Global Development, Vol.2009 (No.2). ISSN 1467-0437

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Official URL: http://www2.warwick.ac.uk/fac/soc/law/elj/lgd/2009...

Abstract

This paper offers a neo-Gramscian examination of the causes and processes underlying social restructuring in Bolivia between 1985 and 2005. Restructuring is understood as a worldwide political struggle by an expanding transnational historic bloc of elite social forces to reconfigure the capital-labour relation in order to sustain global capital accumulation. The transnational bloc expanded following the debt crisis of the early 1980s by incorporating transnationalised businessmen and technocrats beyond its transatlantic heartland. It also generated qualitative changes in the strategic approach of multilateral development institutions, which began to emphasise fiscal and monetary stability, the privatisation of accumulation, public-private partnerships, business class formation in the periphery, state-building and multilateralism. Meanwhile, Bolivia’s hyperinflationary crisis (1985) offered an opportunity for transnationalised elements of banking, mining and commercial fractions of Bolivian capital, to change the balance of forces within the three dominant political parties and vie for control of the state. This small elite nucleus, integrated into the transnational bloc primarily through official channels of development assistance, struggled against domestically-oriented elite forces and organised labour to restructure economic, ideological and institutional relations in the Bolivian space. These struggles involved the privatisation of accumulation, the attempt to build capital hegemony (i.e. to generate a consensual capitalist order) and the liberalisation of the state. Capital hegemony entailed equating ‘development’, ‘modernisation’ and capital accumulation.

Item Type: Journal Article
Subjects: F History United States, Canada, Latin America > F1201 Latin America (General)
U Military Science > U Military Science (General)
Divisions: Other > Institute of Advanced Study
Faculty of Social Sciences > Politics and International Studies
Journal or Publication Title: Law, Social Justice and Global Development
Publisher: Electronic Law Journals Project
ISSN: 1467-0437
Date: 2009
Volume: Vol.2009
Number: No.2
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Open Access
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URI: http://wrap.warwick.ac.uk/id/eprint/43781

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