This work looks at how contemporary global economic policies are made: by which institutions, under what ideologies, and how they are enforced. The author reveals the central roles played by organizations such as the IMF and the World Bank in supervising the livelihoods of over 2.5 billion people. He shows that neoliberal economic policy is enforced by a few thousand unelected and unaccountable experts in the North and has failed to deliver tolerable living conditions for the poor. The conclusion makes a positive contribution by exploring policy alternatives that point the way forward.
Like the previous book I had read by Richard Peet, this book also reads too much like a school text -book. The excessive oversimplification he indulges in frequently invites the reader's annoyance. The personal "field trip" account of the Landless Laborers' Movement in Brazil, could have been written in a much more poignant manner and he does grave injustice to it with his insipid narration. A grossly disappointing book. And if this is how "counter-experts" (conuter-hegemonic experts) are going to write, God help them!
A very good and clear introduction to the concepts such as policy regime, ideology, hegemony, discourse, governmentality, etc, but not too much meat in the political, economic, and ideological powers.