The recent financial crisis has demonstrated that governments
continuously seek to steer their economies rather than leaving them
to free markets. Despite the ambitions of international economic
cooperation, such interventionism is decidedly local. Some
politicians even proudly evoke "economic patriotism" to justify
their choices. This volume links such populism to a specific set of
tensions - the paradox of neo-liberal democracy - and argues that
the phenomenon is ubiquitous. The mandate of politicians is to
defend the economic interests of their constituents under
conditions where large parts of economic governance are no longer
exclusively within their control. Economic patriotism is one
possible reaction to this tension. As old-style industrial policy
and interventionism gained a bad reputation, governments had to
become creative to assure traditional economic policy objectives
with new means. However, economic patriotism is more than just a
fashionable word or a fig leaf for protectionism. This volume
employs the term to signal two distinctions: the diversity of
policy content and the multiplicity of territorial units it can
refer to. Comparing economic interventionism across countries and
sectors, it becomes clear that economic liberalism will always be
accompanied by counter-movements that appeal to territorial images.
This book was published as a special issue of the Journal of
European Public Policy.
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