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The unusual suspects: The French left and the construction of global finance

French Politics, ISSN: 1476-3427, Vol: 7, Issue: 1, Page: 42-55
2009
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Review Description

How can we explain shifts in capital controls? How can we account for the emergence and diffusion of new norms that guide financial practices? How can we explain the rise of global finance? Instead of the usual suspects that such questions would lead us to consider, Rawi Abdelal's brilliant book, Capital Rules: The Construction of Global Finance (Harvard UP, 2007) opens new paths and summons a set of very unusual suspects: French socialists rather than American neoliberals, and norms rather than material interests. The result is a fascinating, detailed account of how a few entrepreneurs put their mark on global finance. © 2009 Palgrave Macmillan.

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