Search results for ""sovereign""

Popular Sovereignty and the Crisis of German Constitutional Law is a historical analysis of competing doctrines of constitutional law during the Weimar Republic. It chronicles the creation of a new constitutional jurisprudence both adequate to the needs of a modern welfare state and based on the principle of popular sovereignty. Peter C. Caldwell explores the legal nature of democracy as debated by Weimar’s political theorists and constitutional lawyers. Laying the groundwork for questions about constitutional law in today’s Federal Republic, this book draws clear and insightful distinctions between strands of positivist and anti-positivist legal thought, and examines their implications for legal and political theory.Caldwell makes accessible the rich literature in German constitutional thought of the Weimar period, most of which has been unavailable in English until now. On the liberal left, Hugo Preuss and Hans Kelsen defended a concept of democracy that made the constitution sovereign and, in a way, created the "Volk" through constitutional procedure. On the right, Carl Schmitt argued for a substantial notion of the "Volk" that could overrule constitutional procedure in a state of emergency. Rudolf Smend and Heinrich Triepel located in the constitution a set of inviolable values of the political community, while Hermann Heller saw in it a guarantee of substantial social equality. Drawing on the work of these major players from the 1920s, Caldwell reveals the various facets of the impassioned constitutional struggles that permeated German legal and political culture during the Weimar Republic.

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I think there is real hope to be found, in the middle of our deepest traumas, in the good news about Jesus Christ. I also think that there is a place for us to find hope and community within the church. Because of these two beliefs, I truly think, distant though it may be, that we may even get to a place of peace within our souls and a place of forgiveness for those who hurt us so much. This is a book that has no easy answers and will offer none. This is a book that tries to get behind the tough questions of why God permits such abuses to occur in this world. Using his own story of childhood abuse, Mez McConnell tells us about a God who is just, sovereign and loving. A good father who knows the pain of rejection and abuse, who hates evil, who can bring hope even in the darkest place. ‘It’s not a pagan rags to Christian riches story. It’s real, raw and radical. I suspect that there will be as many people shocked by the Bible teaching that Mez wrestles with, as there will be those shocked by the abuse he suffered. With chapters like ‘The glorious, wonderful reality of Hell’ and ‘The terrible reality of Heaven’, there is no chance of this book being perceived as comfortable.’ – David Robertson, Christian Today https://christiantoday.com/article/my-favourite-christian-book-of-2019/133774.htm

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Under chapter headings such as ‘Sources of Africa’s cultural fragility’, ‘Thinking differently about African institutions’, and ‘Liberating human capital’, Hlumelo Biko shows how, twenty years in, this century could yet become Africa’s century, as many believe and some hope. Africa Reimagined is a thoughtful analysis of Africa's past, present and future, a sobering assessment of where it stands today, and where it needs to go, at once unnervingly candid and inspiring. Imagine if in the year 2040, forty of Africa’s fifty-five nations have chosen to join together in a Pan-African government structure modelled on Swiss decentralised federalism. A merger between Ethiopian Airways, Air Mauritius, Air Kenya, Nigerian carrier Air Peace and South African Airways has transformed air travel. Africa is now home to the world’s largest mining company in the form of a rejuvenated Anglo American, the company having returned to its African home base powered by a massive investment from Africa’s new sovereign wealth fund. Africa rolls out the world’s largest solar plants in the Sahara and Kalahari deserts. These projects are underwritten by a new insurance network based in Mauritius and modelled on Lloyd’s of London. Rural employment has risen thanks to a focus on subsistence farmers, who have a shared service model that allows them world-class access to price-sensitive information, equipment financing, reasonably priced input costs and training techniques. A pipedream? Hlumelo Biko says no.

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Argentina, once heralded as the future of capitalist progress, has a long history of economic volatility. In 2001–2002, a financial crisis led to its worst economic collapse, precipitating a dramatic currency devaluation, the largest sovereign default in world history, and the flight of foreign capital. Protests and street blockades punctuated a moment of profound political uncertainty, epitomized by the rapid succession of five presidents in four months. Since then, Argentina has fought economic fires on every front, from inflation to the cost of utilities and depressed industrial output. When things clearly aren't working, when the constant churning of booms and busts makes life almost unlivable, how does our deeply compromised order come to seem so inescapable? How does critique come to seem so blunt, even as crisis after crisis appears on the horizon? What are the lived effects of that sense of inescapability? Anthropologist Sarah Muir offers a cogent meditation on the limits of critique at this historical moment, drawing on deep experience in Argentina but reflecting on a truly global condition. If we feel things are being upended in a manner that is ongoing, tumultuous, and harmful, what would we need to do—and what would we need to give up—to usher in a revitalized critique for today's world? Routine Crisis is an original provocation and a challenge to think beyond the limits of exhaustion and reimagine a form of criticism for the twenty-first century.

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International relations affects everyone's lives: their security, economic well-being, rights and freedoms, and the environment they share. Recently we have seen the transformation from a world of empires to today's world of sovereign states, which are enmeshed in a complex array of international institutions, all exercising degrees of political authority. The new global organization of political authority has far-reaching consequences. This Very Short Introduction untangles this complex world, providing an accessible framework for understanding the contours of global political change. Christian Reus-Smit treats theory as an indispensable tool for grasping international relations, but demystifies theorizing, introducing it as an everyday human practice. He surveys a range of theories, from realism to feminism: reading them as contrasting perspectives on the global organization of political authority. Historically, such organization has been shaped by diverse social forces, four of which are discussed in detail: shifting patterns of warfare, changing economic conditions, struggles for rights, and the politics of culture. Reus-Smit concludes with a reflection on the future of international relations in an era of profound global change. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.

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We are living in an open sea, caught up in a continuous wave, with no fixed point and no instrument to measure distance and the direction of travel. Nothing appears to be in its place any more, and a great deal appears to have no place at all. The principles that have given substance to the democratic ethos, the system of rules that has guided the relationships of authority and the ways in which they are legitimized, the shared values and their hierarchy, our behaviour and our life styles, must be radically revised because they no longer seem suited to our experience and understanding of a world in flux, a world that has become both increasingly interconnected and prone to severe and persistent crises. We are living in the interregnum between what is no longer and what is not yet. None of the political movements that helped undermine the old world are ready to inherit it, and there is no new ideology, no consistent vision, promising to give shape to new institutions for the new world. It is like the Babylon referred to by Borges, the country of randomness and uncertainty in which ‘no decision is final; all branch into others’. Out of the world that had promised us modernity, what Jean Paul Sartre had summarized with sublime formula ‘le choix que je suis’ (‘the choice that I am’), we inhabit that flattened, mobile and dematerialized space, where as never before the principle of the heterogenesis of purposes is sovereign. This is Babel.

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We are living in an open sea, caught up in a continuous wave, with no fixed point and no instrument to measure distance and the direction of travel. Nothing appears to be in its place any more, and a great deal appears to have no place at all. The principles that have given substance to the democratic ethos, the system of rules that has guided the relationships of authority and the ways in which they are legitimized, the shared values and their hierarchy, our behaviour and our life styles, must be radically revised because they no longer seem suited to our experience and understanding of a world in flux, a world that has become both increasingly interconnected and prone to severe and persistent crises. We are living in the interregnum between what is no longer and what is not yet. None of the political movements that helped undermine the old world are ready to inherit it, and there is no new ideology, no consistent vision, promising to give shape to new institutions for the new world. It is like the Babylon referred to by Borges, the country of randomness and uncertainty in which ‘no decision is final; all branch into others’. Out of the world that had promised us modernity, what Jean Paul Sartre had summarized with sublime formula ‘le choix que je suis’ (‘the choice that I am’), we inhabit that flattened, mobile and dematerialized space, where as never before the principle of the heterogenesis of purposes is sovereign. This is Babel.

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Explores modern attempts to resolve the enduring question of the philosopher king whether it is possible to combine wisdom and power to secure justice Examines the extent to which politics is open to philosophy, and whether philosophy is always salutary for politics Theoretically rich, examining the philosophical origins of the paradox of philosopher king and how it manifests itself in diverse ways and in different domains in modern and contemporary politics Wide-ranging in its approach, exploring through six studies the attempts to combine wisdom and power in the form of the prophet, the intellectual, artist, the hidden advisor, the scientist and finally the wise sovereign people Examines the extent to which writing in the form of philosophical works and as laws and constitutionalism can overcome the limits to individual philosopher kings Can wisdom and power, philosophy and politics be combined to secure justice? Or are there formidable tensions, even antagonism between them? Socrates presented the philosopher king as an aspiration, a remedy for the ills of the world. He also called it a paradox, a challenging and perplexing innovation. Ever since, the philosopher king has been an enduring and fascinating question as well as a political aspiration. Modern Philosopher Kings examines the philosopher king as a paradox and an ambitious modern project. Through a series of diverse studies ranging from the prophet, intellectual, artist, advisor, scientist and 'the people' it examines modern attempts to unite wisdom and power. In doing so it reveals the different ways and the extent to which wisdom can be empowered and power ennobled.

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Reading Melville is not only reading. Reading Melville means being already engaged in the abyssal process of reading reading. Reading what reading is and what reading does. With Melville, Prophecies of Leviathan argues that reading, beyond its apparent linearity, is essentially prophetic, not only because Moby Dick, for example, may appear to be full of unexpected prophecies (Ishmael seems to foretell a "Grand Contested Election for the Presidency of the United States" followed by a "bloody battle in Afghanistan") but also, and more deeply, because reading itself is a prophetic experience that Melville captured in a unique way. Reading, according to Melville, might just be the prophecy of the text to come. This apparently tautological view has great consequences for the theory of literature and its relation to politics. As Szendy suggests, the beheading of Melville's "Leviathan" (which, Ishmael says, "is the text") should be read against Hobbes's sovereign body politic. Szendy's reading of Melville urges us to revisit Jacques Derrida's all too famous sentence: "There is no hors-texte." And it also urges us-as the preface to this English edition makes clear-to reflect on the (Christian) categories that we apply to the text: its life, death, and, above all, afterlife or suicide. The infinite finitude of the text: that is what reading is about. In his brilliant and thorough afterword, Gil Anidjar situates Prophecies of Leviathan among Szendy's other works and shows how the seemingly tautological self-prophecy really announces a new "ipsology," a "pluralization of the self" through a "narcissism of the other thing."

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An investigation into how indigenous rights are conceived in legal language and doctrine In the twenty-first century, it is politically and legally commonplace that indigenous communities go to court to assert their rights against the postcolonial nation-state in which they reside. But upon closer examination, this constellation is far from straightforward. Indigenous communities make their claims as independent entities, governed by their own laws. And yet, they bring a case before the court of another sovereign, subjecting themselves to its foreign rule of law. According to Jonas Bens, when native communities enter into legal relationships with postcolonial nation-states, they "become indigenous." Indigenous communities define themselves as separated from the settler nation-state and insist that their rights originate from within their own system of laws. At the same time, indigenous communities must argue that they are incorporated in the settler nation-state to be able to use its judiciary to enforce these rights. As such, they are simultaneously included into and excluded from the state. Tracing how the indigenous paradox is inscribed into the law by investigating several indigenous rights cases in the Americas, from the early nineteenth century to the early twenty-first, Bens illustrates how indigenous communities have managed—and continue to manage—to navigate this paradox by developing lines of legal reasoning that mobilize the concepts of sovereignty and culture. Bens argues that understanding indigeneity as a paradoxical formation sheds light on pressing questions concerning the role of legal pluralism and shared sovereignty in contemporary multicultural societies.

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At the 2005 UN World Summit, world leaders endorsed the international principle of Responsibility to Protect (R2P), acknowledging that they had a responsibility to protect their citizens from genocide and mass atrocities and pledging to act in cases where governments manifestly failed in their responsibility. This marked a significant turning point in attitudes towards the protection of citizens worldwide. This important new book charts the emergence of this principle, from its origins in a doctrine of sovereignty as responsibility, through debates about the legitimacy of humanitarian intervention and the findings of a prominent international commission, and finally through the long and hard negotiations that preceded the 2005 commitment. It explores how world leaders came to acknowledge that sovereign rights entailed fundamental responsibilities and what that acknowledgment actually means. The book goes on to analyze in detail the ways in which R2P can contribute to the global effort to end genocide and mass atrocities. Focusing on the prevention of these crimes and the improvement of the world’s reaction to them, the book explores the question of how to build sustainable peace in their aftermath. Alex J. Bellamy argues that although 2005 marked an important watershed, much more work is needed to defend R2P from those who would walk away from their commitments and – in the words of UN Secretary-General Ban Ki-moon – to translate the principle ‘from words into deeds’. This fascinating book will appeal to students and scholars of international relations, international affairs, human rights and humanitarian emergencies, as well as anyone concerned about the protection of civilians on a global scale

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How to overcome barriers to the long-term investments that are essential for solving the world’s biggest problemsThere has never been a greater need for long-term investments to tackle the world’s most difficult problems, such as climate change and decaying infrastructure. And it is increasingly unlikely that the public sector will be willing or able to fill this gap. If these critical needs are to be met, the major pools of long-term, patient capital—including pensions, sovereign wealth funds, university endowments, and wealthy individuals and families—will have to play a large role. In this accessible and authoritative account of long-term capital investment, two leading experts on the subject, Harvard Business School professors Victoria Ivashina and Josh Lerner, highlight the significant hurdles facing long-term investors and propose concrete ways to overcome these difficulties.Presenting the best evidence in an engaging way by using memorable stories and examples, Patient Capital describes how large investors increasingly want and need long-run investments that have the potential to deliver greater returns than those in the public markets. Yet success in such investments has been the exception. Performance has suffered from both the limitations of investors and the internal structure of their fund managers, often resulting in the wrong incentives and a lack of long-term planning.Yet the challenges facing long-term investors can be surmounted and the rewards are potentially large, both for investors and society as a whole. Patient Capital shows how to make long-term investment work better for everyone.

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Originally conceived as part of a unifying vision for Europe, the euro is now viewed as a millstone around the neck of a continent crippled by vast debts, sluggish economies, and growing populist dissent. In Europe's Orphan, leading economic commentator Martin Sandbu presents a compelling defense of the euro. He argues that rather than blaming the euro for the political and economic failures in Europe since the global financial crisis, the responsibility lies firmly on the authorities of the eurozone and its member countries. The eurozone's self-inflicted financial calamities and economic decline resulted from a toxic cocktail of unforced policy errors by bankers, politicians, and bureaucrats; the unhealthy coziness between finance and governments; and, above all, an extreme unwillingness to restructure debt. Sandbu traces the origins of monetary union back to the desire for greater European unity after the Second World War. But the euro's creation coincided with a credit bubble that governments chose not to rein in. Once the crisis hit, a battle of both ideas and interests led to the failure to aggressively restructure sovereign and bank debt. Ideologically informed choices set in motion dynamics that encouraged more economic mistakes and heightened political tensions within the eurozone. Sandbu concludes that the prevailing view that monetary union can only work with fiscal and political union is wrong and dangerous--and risks sending the continent into further political paralysis and economic stagnation. Contending that the euro has been wrongfully scapegoated for the eurozone's troubles, Europe's Orphan charts what actually must be done for the continent to achieve an economic and political recovery.

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A new history of how one of the Renaissance’s preeminent cities lost its independence in the Italian Wars.In 1499, the duchy of Milan had known independence for one hundred years. But the turn of the sixteenth century saw the city battered by the Italian Wars. As the major powers of Europe battled for supremacy, Milan, viewed by contemporaries as the “key to Italy,” found itself wracked by a tug-of-war between French claimants and its ruling Sforza family. In just thirty years, the city endured nine changes of government before falling under three centuries of Habsburg dominion. John Gagné offers a new history of Milan’s demise as a sovereign state. His focus is not on the successive wars themselves but on the social disruption that resulted. Amid the political whiplash, the structures of not only government but also daily life broke down. The very meanings of time, space, and dynasty—and their importance to political authority—were rewritten. While the feudal relationships that formed the basis of property rights and the rule of law were shattered, refugees spread across the region. Exiles plotted to claw back what they had lost.Milan Undone is a rich and detailed story of harrowing events, but it is more than that. Gagné asks us to rethink the political legacy of the Renaissance: the cradle of the modern nation-state was also the deathbed of one of its most sophisticated precursors. In its wake came a kind of reversion—not self-rule but chaos and empire.

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The clearest and most up-to-date account of the achievements—and setbacks—of the European Union since 1945.Europe has been transformed since the Second World War. No longer a checkerboard of entirely sovereign states, the continent has become the largest single-market area in the world, with most of its members ceding certain economic and political powers to the central government of the European Union. This shift is the product of world-historical change, but the process is not well understood. The changes came in fits and starts. There was no single blueprint for reform; rather, the EU is the result of endless political turmoil and dazzling bureaucratic gymnastics. As Brexit demonstrates, there are occasional steps backward, too. Cutting through the complexity, Richard Pomfret presents a uniquely clear and comprehensive analysis of an incredible achievement in economic cooperation.The Economic Integration of Europe follows all the major steps in the creation of the single market since the postwar establishment of the European Coal and Steel Community. Pomfret identifies four stages of development: the creation of a customs union, the deepening of economic union with the Single Market, the years of monetary union and eastward expansion, and, finally, problems of consolidation. Throughout, he details the economic benefits, costs, and controversies associated with each step in the evolution of the EU. What lies ahead? Pomfret concludes that, for all its problems, Europe has grown more prosperous from integration and is likely to increase its power on the global stage.

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The Heroine with 1,001 Faces dismantles the cult of warrior heroes, revealing a secret history of heroinism at the very heart of our collective cultural imagination. Maria Tatar, a leading authority on fairy tales and folklore, explores how heroines, rarely wielding a sword and often deprived of a pen, have flown beneath the radar even as they have been bent on redemptive missions. Deploying domestic crafts and using words as weapons, they have found ways to survive assaults and rescue others from harm, all while repairing the fraying edges in the fabric of their social worlds. Like the tongueless Philomela, who spins the tale of her rape into a tapestry, or Arachne, who portrays the misdeeds of the gods, they have discovered instruments for securing fairness in the storytelling circles where so-called women’s work—spinning, mending and weaving—is carried out. In a broad-ranging volume that moves with ease from the local to the global, Tatar demonstrates how our new heroines wear their curiosity as a badge of honour rather than a mark of shame and how their “mischief making” evidences compassion and concern. The Heroine with 1,001 Faces creates a luminous arc that takes us from ancient times to the present day. It casts an unusually wide net, expanding the canon and thinking capaciously in global terms, breaking down the boundaries of genre and displaying a sovereign command of cultural context. This, then, is a historic volume that informs our present and its newfound investment in empathy and social justice like no other work of recent cultural history.

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Can human rights be claimed against agents other than states, such as transnational corporations and global governance institutions? Does the authority of human rights depend on international law-making, or do they have a moral status that must be honored even in the absence of legal structures? What obligations do human rights impose on states acting across borders? What does it mean that the international community must work together to bring about their universal realization? Do we have human rights to abortion, same-sex marriage, and fully democratic government? What must individuals do for the human rights of others? Although these questions may be essential for the future of global politics and international relations, human rights doctrine offers no conclusive answers for them. In Human Rights as Human Independence, Julio Montero develops an original theory of human rights that helps us think about these and similar issues. Montero argues that human rights regulate the conduct of sovereign political agents both within and beyond borders, and that the aim of human rights norms is to protect everyone's fundamental moral claim to enjoy an equal sphere of agency to develop their personality. Human Rights as Human Independence offers a comprehensive, systematic, and complete account of the nature, sources, and scope of human rights that can be used to interpret international documents and make informed decisions about how human rights practice must be continued in the years to come. The book is thus of interest for a wide audience, ranging from philosophers and political theorists to lawyers, human rights scholars, and activists.

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The book of Joshua is an epic. Conquest, battles, scandal, tribalism, deceit, land registration and farewell speeches all make up this remarkable narrative. Some of the episodes are well known, other sections are largely passed over. However behind all the twists and turns, highs and lows is the God who makes and keeps promises. The book of Joshua is profoundly relevant for today and needs to be declared faithfully in its entirety. To be repeatedly reminded through the pages of Joshua that God is faithful to his promises and sovereign over his people, guiding them by his powerful word to his promised rest, is truth we must never tire of hearing. The book of Joshua has also been a battlefield on which the Christian faith and particularly the Old Testament has been attacked by new atheism, therefore digging deep into Joshua will strengthen and resource people to stand firm amidst such opposition. Teaching Joshua is a great addition to the growing ‘Teaching the Bible’ series. Doug Johnson has done a brilliant job of both guiding the reader towards the main thrust of each passage whilst not overlooking the detail or the various complexities. Teaching Joshua will be a great aid to those who have the privilege and the joy of preaching or teaching this particular book. Whether you are a small group leader, preacher, youth worker or someone who simply wants help with their personal Bible study, this book will help you to understand and communicate the message of Joshua.

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During the 10,000-day Vietnam war Australia had agreed with the United States to have a team of Australian Army Special Air Services (SAS) soldiers conduct covert missions into Cambodia. The SAS soldiers would be bivouacked in Thailand. With their names changed for security and personal safety reasons, this is a dramatized story of events that actually happened involving a small band of Australian Special Air Service trained specialists involved in covert intelligence activities who were co-opted into the Defence Intelligence Organisation (DIO) repertoire of Plausibly Deniable assets deployed worldwide into the shadows of political indulgence in locations where Australian forces should not be seen or heard. These Australian SAS Covert operations undertaken are incidents that have never before been exposed and include cross-sovereign-border infiltrations into Cambodia and the daily operations of the elimination of Viet Cong munition dumps. Also revealed are an unauthorized fatal attack by United States Army helicopters on SAS warriors; the rescue of French tourists kidnapped by Muslim terrorists in Mindanao, Philippines, and Operation _Eye of the Storm_ into Northern Kuwait/Eastern Iraq evolving into Desert Storm. As revealed these covert operations included offshore intervention of East Timorese Fretilin Terrorists sabotaging Australian offshore Exploration and Oil Drilling activities in the Timor Sea; _Back Door into Hell_ during the Somalia conflict, plus covert black ops elimination of Muslim Jihadist activities on homeland soil assisted by Israeli intelligence. This astounding expos opens the closed door behind which governments operate to deal quietly with situations they prefer not to mention.

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Black and Scholes (1973) and Merton (1973, 1974) (hereafter referred to as BSM) introduced the contingent claim approach (CCA) to the valuation of corporate debt and equity. The BSM modeling framework is also named the 'structural' approach to risky debt valuation. The CCA considers all stakeholders of the corporation as holding contingent claims on the assets of the corporation. Each claim holder has different priorities, maturities and conditions for payouts. It is based on the principle that all the assets belong to all the liability holders.The BSM modeling framework gives the basic fundamental version of the structural model where default is assumed to occur when the net asset value of the firm at the maturity of the pure-discount debt becomes negative, i.e., market value of the assets of the firm falls below the face value of the firm's liabilities. In a regime of limited liability, the shareholders of the firm have the option to default on the firm's debt. Equity can be viewed as a European call option on the firm's assets with a strike price equal to the face value of the firm's debt. Actually, CCA can be used to value all the components of the firm's liabilities, equity, warrants, debt, contingent convertible debt, guarantees, etc.In the four volumes we present the major academic research on CCA in corporate finance starting from 1973, with seminal papers of Black and Scholes (1973) and Merton (1973, 1974). Volume I covers the foundation of CCA and contributions on equity valuation. Volume II focuses on corporate debt valuation and the capital structure of the firm. Volume III presents empirical evidence on the valuation of debt instruments as well as applications of the CCA to various financial arrangements. The papers in Volume IV show how to apply the CCA to analyze sovereign credit risk, contingent convertible bonds (CoCos), deposit insurance and loan guarantees. Volume 1: Foundations of CCA and Equity ValuationVolume 1 presents the seminal papers of Black and Scholes (1973) and Merton (1973, 1974). This volume also includes papers that specifically price equity as a call option on the corporation. It introduces warrants, convertible bonds and taxation as contingent claims on the corporation. It highlights the strong relationship between the CCA and the Modigliani-Miller (M&M) Theorems, and the relation to the Capital Assets Pricing Model (CAPM). Volume 2: Corporate Debt Valuation with CCAVolume 2 concentrates on corporate bond valuation by introducing various types of bonds with different covenants as well as introducing various conditions that trigger default. While empirical evidence indicates that the simple Merton's model underestimates the credit spreads, additional risk factors like jumps can be used to resolve it. Volume 3: Empirical Testing and Applications of CCAVolume 3 includes papers that look at issues in corporate finance that can be explained with the CCA approach. These issues include the effect of dividend policy on the valuation of debt and equity, the pricing of employee stock options and many other issues of corporate governance. Volume 4: Contingent Claims Approach for Banks and Sovereign DebtVolume 4 focuses on the application of the contingent claim approach to banks and other financial intermediaries. Regulation of the banking industry led to the creation of new financial securities (e.g., CoCos) and new types of stakeholders (e.g., deposit insurers).

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The existence of two Chinese states—one controlling mainland China, the other controlling the island of Taiwan—is often understood as a seemingly inevitable outcome of the Chinese civil war. Defeated by Mao Zedong, Chiang Kai-shek’s Nationalists fled to Taiwan to establish a rival state, thereby creating the “Two Chinas” dilemma that vexes international diplomacy to this day. Accidental State challenges this conventional narrative to offer a new perspective on the founding of modern Taiwan.Hsiao-ting Lin marshals extensive research in recently declassified archives to show that the creation of a Taiwanese state in the early 1950s owed more to serendipity than careful geostrategic planning. It was the cumulative outcome of ad hoc half-measures and imperfect compromises, particularly when it came to the Nationalists’ often contentious relationship with the United States.Taiwan’s political status was fraught from the start. The island had been formally ceded to Japan after the First Sino-Japanese War, and during World War II the Allies promised Chiang that Taiwan would revert to Chinese rule after Japan’s defeat. But as the Chinese civil war turned against the Nationalists, U.S. policymakers reassessed the wisdom of backing Chiang. The idea of placing Taiwan under United Nations trusteeship gained traction. Cold War realities, and the fear of Taiwan falling into Communist hands, led Washington to recalibrate U.S. policy. Yet American support of a Taiwan-based Republic of China remained ambivalent, and Taiwan had to eke out a place for itself in international affairs as a de facto, if not fully sovereign, state.

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Finalist for Jordan Schnitzer Book Award for Philosophy and Jewish Thought 2023. This book untangles a web of ideas about politics, religion, exile, and community that emerged at a key moment in Jewish history and left a lasting mark on Jewish ideas. In the shadow of their former member Baruch Spinoza’s notoriety, and amid the aftermath of the Sabbatian messianic movement, the Spanish and Portuguese Jews of seventeenth-century Amsterdam underwent a conceptual shift that led them to treat their self-governed diaspora community as a commonwealth. Preoccupied by the question of why and how Jews should rule themselves in the absence of a biblical or messianic sovereign state or king, they forged a creative synthesis of insights from early modern Christian politics and Jewish law and traditions to assess and argue over their formidable communal government. In so doing they shaped a proud new theopolitical self-understanding of their community as analogous to a Christian state. Through readings of rarely studied sermons, commentaries, polemics, administrative records, and architecture, Anne Albert shows that a concentrated period of public Jewish political discourse among the community’s leaders and thinkers led to the formation of a strong image of itself as a totalizing, state-like entity—an image that eventually came to define its portrayal by twentieth-century historians. Her study presents a new perspective on a Jewish population that has long fascinated readers, as well as new evidence of Jewish reactions to Spinoza and Sabbatianism, and analyses the first Jewish reckoning with modern western political concepts.

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During the 2016 presidential election, both Donald Trump and Bernie Sanders argued that elites were hurting the economy. But, drawing together evidence and theory from across economics, political science, and even finance, Garett Jones says otherwise. In 10% Less Democracy, he makes the case that the richest, most democratic nations would be better off if they slightly reduced accountability to the voting public, turning up the dial on elite influence. To do this, Jones builds on three foundational lines of evidence in areas where he has personal experience. First, as a former staffer in the U.S. Senate, he saw how senators voted differently as elections grew closer. Second, as a macroeconomist, Jones knows the merits of "independent" central banks, which sit apart from the political process and are controlled by powerful insiders. The consensus of the field is that this detached, technocratic approach has worked far better than more political and democratic banking systems. Third, his previous research on the effects of cognitive skills on political, social, and economic systems revealed many ways in which well-informed voters improve government. Discerning repeated patterns, Jones draws out practical suggestions for fine-tuning, focusing on the length of political terms, the independence of government agencies, the weight that voting systems give to the more-educated, and the value of listening more closely to a group of farsighted stakeholders with real skin in the game—a nation's sovereign bondholders. Accessible to political news junkies while firmly rooted and rigorous, 10% Less Democracy will fuel the national conversation about what optimal government looks like.

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This is the story of Prince Philip, Duke of Edinburgh - the longest-serving consort to the longest-reigning sovereign in British history. It is an extraordinary story, told with unique insight and authority by an author who knew the prince for more than forty years. Philip - elusive, complex, controversial, challenging, often humorous, sometimes irascible - is the man Elizabeth II once described as her 'constant strength and guide'. Who was he? What was he really like? What is the truth about those 'gaffes' and the rumours of affairs? This is the final portrait of an unexpected and often much-misunderstood figure. It is also the portrait of a remarkable marriage that endured for more than seventy years. Philip and Elizabeth were both royal by birth, both great-great-grandchildren of Queen Victoria, but, in temperament and upbringing, they were two very different people. The Queen's childhood was loving and secure, the Duke's was turbulent; his grandfather assassinated, his father arrested, his family exiled, his parents separated when he was only ten. Elizabeth and Philip met as cousins in the 1930s. They married in 1947, aged twenty-one and twenty-six. Philip: The Final Portrait tells the story of two contrasting lives, assesses the Duke of Edinburgh's character and achievement, and explores the nature of his relationships with his wife, his children and their families - and with the press and public and those at court who were suspicious of him in the early days. This is a powerful, revealing and, ultimately, moving account of a long life and a remarkable royal partnership.

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Refinery explosions. Accounting scandals. Bank meltdowns. All of these catastrophes—and many more—might rightfully be blamed on corporations. In response, advocates have suggested reforms ranging from increased government regulation to corporate codes of conduct to stop corporate abuses. Joshua Barkan writes that these reactions, which view law as a limit on corporations, misunderstand the role of law in fostering corporate power.In Corporate Sovereignty, Barkan argues that corporate power should be rethought as a mode of political sovereignty. Rather than treating the economic power of corporations as a threat to the political sovereignty of states, Barkan shows that the two are ontologically linked. Situating analysis of U.S., British, and international corporate law alongside careful readings in political and social theory, he demonstrates that the Anglo-American corporation and modern political sovereignty are founded in and bound together through a principle of legally sanctioned immunity from law. The problems that corporate-led globalization present for governments result not from regulatory failures as much as from corporate immunity that is being exported across the globe. For Barkan, there is a paradox in that corporations, which are legal creations, are given such power that they undermine the sovereignty of states. He notes that while the relationship between states and corporations may appear adversarial, it is in fact a kind of doubling in which state sovereignty and corporate power are both conjoined and in conflict. Our refusal to grapple with the peculiar nature of this doubling means that some of our best efforts to control corporations unwittingly reinvest the sovereign powers they oppose.

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From all sides, we hear that computer technology, with its undeniable power to disseminate information and connect individuals, holds enormous potential for a reinvigoration of political life. But will the Internet really spark a democratic revolution? And will the changes it brings be so profound that past political thought will be of little use in helping us to understand them?In Prometheus Wired, Darin Barney debunks claims that a networked society will provide the infrastructure for a political revolution and shows that the resources we need for understanding and making sound judgments about this new technology are surprisingly close at hand. By looking to thinkers who grappled with the relationship of society and technology, such as Plato, Aristotle, Marx, and Heidegger, Barney critically examines such assertions about the character of digital networks.Along the way, Barney offers an eye-opening history of digital networks and then explores a wide range of contemporary issues, such as electronic commerce, telecommuting, privacy, virtual community, digital surveillance, and the possibility of sovereign governance in an age of global networks. Ultimately, Barney argues that instead of placing power back in the hands of the public, a networked economy seems to exacerbate the worst features of industrial capitalism, and, in terms of the surveillance and control it exerts, reduces our political freedom.Of vital interest to politicians, communicators, and anyone concerned about the future of democracy in the digital age, Prometheus Wired adds a provocative new voice to the debate swirling around "the Net" and the ways in which it will, or will not, change our political lives.

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Known for their progressive environmental policies and nature-loving citizens, Nordic countries also produce what may seem a counterintuitive film genre: ecohorror, where distinctions between humans and nature are blurred in unsettling ways. From slashers to arthouse thrillers, transnational Nordic ecohorror films such as Antichrist (dir. Lars von Trier, 2009) and Midsommar (dir. Ari Aster, 2019) have garnered commercial and critical attention, revealing an undercurrent of ecophobia in Nordic culture that belies the region's reputation for environmental friendliness. In Menacing Environments, Benjamin Bigelow examines how ecohorror rings some of the same alarm bells that climate activists have sounded, suggesting that the proper response to the ongoing climate catastrophe is not optimism and a market-friendly focus on sustainable development, but rather fear and dread. Bigelow argues that ecohorror destabilizes the two pillars of Nordic society—the autonomous individual and the sovereign state. He illustrates how doing away with any clean separation of the domains of human culture from a wild, untamed realm of nature reminds viewers of the complex and often threatening material entanglements between humans and their environments. Through Bigelow's analysis, ecohorror proves to be a potent vehicle not only for generating a strong affective response in audiences but also for taking on the revered institutions, unquestioned ideological orthodoxies, and claims of cultural exceptionalism in contemporary Nordic societies. Menacing Environments is freely available in an open access edition thanks to TOME (Toward an Open Monograph Ecosystem) and the generous support of the University of Minnesota. DOI 10.6069/9780295751658

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Drawing on research conducted on Chios during the sovereign debt crisis that struck Greece in 2010, Nicolas Argenti follows the lives of individuals who symbolize the transformations affecting this Aegean island. As witnesses to the crisis speak of their lives, however, their current anxieties and frustrations are expressed in terms of past crises that have shaped the dramatic history of Chios, including the German occupation in World War II and the ensuing famine, the exchange of populations between Greece and Turkey of 1922–23, and the Massacres of 1822 that decimated the island at the outset of the Greek War of Independence. The complex temporality that emerges in these accounts is ensconced in a cultural context of commemorative ritual, ecstatic visions, an annual rocket war, and other embodied practices that contribute to forms of memory production that question the assumptions of the trauma discourse, revealing the islanders of Chios to be active in forging their place in time in a manner that blurs the boundaries between historiography, memory, religion, and myth. A member of the Chiot diaspora, Argenti makes use of unpublished correspondence from survivors of the Massacres of 1822 and their descendants and reflects on oral family histories and silences in which the island represents an enigmatic but palpable absence. As he explores the ways in which a body of memory and a cultural experience of temporality came to be dislocated and shared between two populations, his return to Chios marks an encounter in which the traditional roles of ethnographer and participant come to be dispersed and intertwined.

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"A magnificent history of doctrine."—New York Review of Books"In this volume Jaroslav Pelikan continues the splendid work he has done thus far in his projected five-volume history of the development of Christian doctrine, defined as 'what the Church believes, teaches, and confesses on the basis of the word of God.' The entire work will become an indispensable resource not only for the history of doctrine but also for its reformulation today. Copious documentation in the margins and careful indexing add to its immense usefulness."—E. Glenn Hinson, Christian Century"This book is based on a most meticulous examination of medieval authorities and the growth of medieval theology is essentially told in their own words. What is more important, however, then the astounding number of primary sources the author has consulted or his sovereign familiarity with modern studies on his subject, is his ability to discern form and direction in the bewildering growth of medieval Christian doctrine, and, by thoughtful emphasis and selection, to show the pattern of that development in a lucid and persuasive narrative. No one interested in the history of Christianity or theology and no medievalist, whatever the field of specialization, will be able to ignore this magnificent synthesis."—Bernhard W. Scholz, History"The series is obviously the indispensable text for graduate theological study in the development of doctrine, and an important reference for scholars of religious and intellectual history as well. . . . Professor Pelikan's series marks a significant departure, and in him we have at last a master teacher."—Marjorie O'Rourke Boyle, Commonweal

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The dream of contemporary capitalism is that everything should become a terrain of profitable enterprise, including most of what has been seen hitherto as the business of government. Like total war, total capitalism demands the subordination of everything to a single goal - national competitiveness, as defined by trans-national corporate elites. The result is a dramatic erosion of democracy, social cohesion and honesty in public life. The three essays collected here, which have been hailed as modern classics, summarise a decade of critical analysis of these dynamics: The 'Rise and Fall of Development Theory' shows how neoliberal globalisation put an end to the concept of development as a collective endeavour and marginalised the two-centuries-old intellectual tradition it rested on. 'Market-Driven Politics' analyses the determining features of the new politics Since the end of capital controls, the politics of once-sovereign states have become more and more integrated with market forces Voters no longer set the political agenda and the business of government becomes the business of adapting public opinion to the perceived interests of business. 'The Cynical State' analyses what happens to policy-making and the quality of public debate under total capitalism. The privatisation of public services is a cardinal element, producing a dynamic that is lethal to public accountability and social solidarity. Colin Leys lives in London. He is Emeritus Professor of Political Science at Queen's University in Kingston, Ontario and an Honorary Professor at the Centre for International Public Health Policy at the University of Edinburgh

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Jaguar founder Sir William Lyons had a terrific hit on his hands when he launched the 'compact' 2.4 Litre sports saloon in 1956. Motorists loved it, and those wanting more thrills were soon offered the 'hot' 120mph 3.4 Litre a year later. Both were replaced in 1960 by the Mark II models, which added a 3.8 Litre, and from there the range was developed and expanded with the long-booted S-Type of 1964, the 4.2 Litre 420 of 1967, and the final 240/340 models of 1968. Alongside there were the Daimler V8 and Sovereign models. The success of this family of cars can be attributed to Lyons's faultless instinct for what buyers wanted and his unerring eye when it came to styling his cars. And of course there was the fabulous six-cylinder XK engine which powered all Jaguars from 1948 through to 1985, with the equally inspired V8 in the Daimler. All these cars have enjoyed an exalted classic status for years, and the matter of originality has become more and more important to owners and prospective owners today. Here Nigel Thorley, the unrivaled expert on the cars who has been writing about them for more than 30 years, provides all the information that can be expected from books in our acclaimed Factory-Original series. Model by model, with hundreds of specially commissioned colour photographs of outstanding examples of the cars, he gives all the details of correct original factory specifications and equipment in all departments, right down to the tool kit.

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Most of us will have faced that most delicate situation of meeting a person who is suffering. We tend to go down one of two different avenues. One is to offer well-intentioned advice - often in the form of well-worn cliches that the person will have heard several times before. The other is not to say anything at all - risking the danger of leaving the person under the impression that God has no idea what is going on and is unable to help.How are we to understand suffering and its place in our lives? Should we try and rationalise it away, trying to come up with a solution that sits as comfortably as possible? Surely we should look to Scripture first? This is what Walter Kaiser does here. Looking at the Old Testament book of Lamentations Kaiser does not offer any easy solutions - but rather shows us how a Sovereign and Loving God can work through even the most painful moments. "In the book of Lamentations, more than perhaps anywhere else except for its individualistic expression in the book of Job, we are led into an experience of suffering and communal pain on a scale seldom endured by many individuals or nations. All too frequently the subject of suffering is avoided, or the realities of human pathos and divine involvement are minimized. Lamentations will not yield to any of these cheap 'cures'. Instead of panaceas, it will direct us to the faithfulness and gracious character of God." Walter C. Kaiser, Jr.

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Macclesfield Forest had long been a favourite hunting ground of royalty. But it was Edward III who first appreciated how skilled the town's longbowmen were. They helped win the battles of Crécy, Poiters and Agincourt, and were paid 6 pence per day, whereas the Welsh longbowmen received 3 pence per day. There is also a fascinating story of the town’s troops involved in the Battle of Flodden. Cheshire was treated differently from other counties and was a palatine where animals were kept for war service from the time of Edward I. It was an important centre for supplies during times of war in Ireland and Scotland, and to subdue revolts in Wales. Macclesfield's foresters, who administered the forest, provided troops for the sovereign up to the time of the Civil War, and were important commanders. The ancestral homes of those foresters are great tourist attractions today. For example Lyme Hall is famous for the scene in Pride and Prejudice, and Adlington Hall is where Handel completed his Messiah. The Fittons of Gawsworth Hall were particular favourites at the Tudor court, and held important military positions in Ireland. The Jodrells provided foresters on many occasions for military involvement and their presence in the area is remembered in the name of Jodrell Bank and its radio telescope. The Earl of Derby, steward of Macclesfield Forest, who organised troops when commanded by the king, held very important positions. Military Macclesfield follows the progress of these families and the men who accompanied them, many of whom were knighted on the battlefield, from 1066 to 1656.

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Discover the enthralling story of the HMS Queen Elizabeth, the Royal Navy's largest ever aircraft carrier and SUBJECT OF THE MAJOR NEW BBC DOCUMENTARY SERIES THE WARSHIP'Fascinating, often funny and sometimes moving . . . Terrill takes us deep into the bowels of Britain's biggest warship . . . Exhilarating' THE TIMES________65,000 tons. 280 metres long. A flight deck the size of sixty tennis courts. A giant piece of Sovereign British territory that's home to up to 50 Aircraft. HMS Queen Elizabeth is the biggest ship in the Royal Navy's history and one of the most ambitious and exacting engineering projects ever undertaken in the UK.But it's her ship's company of 700, alongside an air group of 900 air and ground crew that are Big Lizzie's beating heart. And How to Build an Aircraft Carrier tells their story.From before the first steel of her hull was cut, Chris Terrill has enjoyed unprecedented access to Queen Elizabeth and the men and women who have brought her to life. From Jerry Kyd, the ship's inspirational Captain to Lt Cdr Nathan Grey, the first pilot to land Britain's new stealth jet fighter on her deck, Terrill has won the trust and confidence of the ship's people.How to Build an Aircraft Carrier tells the story of Britain at its best: innovative, confident, outward-looking and world beating.________'A detailed account of the challenges, trials and triumphs on the ship's progression . . . and a portrait of the men and women who made it happen. [Terrill] writes with affection, humour and understanding' TELEGRAPH

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Two months after the attacks of 9/11, the Bush administration, in the midst of what it perceived to be a state of emergency, authorized the indefinite detention of noncitizens suspected of terrorist activities and their subsequent trials by a military commission. Here, distinguished Italian philosopher Giorgio Agamben uses such circumstances to argue that this unusual extension of power, or "state of exception," has historically been an underexamined and powerful strategy that has the potential to transform democracies into totalitarian states.The sequel to Agamben's Homo Sacer: Sovereign Power and Bare Life, State of Exception is the first book to theorize the state of exception in historical and philosophical context. In Agamben's view, the majority of legal scholars and policymakers in Europe as well as the United States have wrongly rejected the necessity of such a theory, claiming instead that the state of exception is a pragmatic question. Agamben argues here that the state of exception, which was meant to be a provisional measure, became in the course of the twentieth century a normal paradigm of government. Writing nothing less than the history of the state of exception in its various national contexts throughout Western Europe and the United States, Agamben uses the work of Carl Schmitt as a foil for his reflections as well as that of Derrida, Benjamin, and Arendt.In this highly topical book, Agamben ultimately arrives at original ideas about the future of democracy and casts a new light on the hidden relationship that ties law to violence.

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This first book in a three-volume collection of Georges Bataille’s essays introduces English readers to his philosophical and critical writings. In the aftermath of the Second World War, French thinker and writer Georges Bataille forged a singular path through the moral and political impasses of his age. In 1946, animated by “a need to live events in an increasingly conscious way,” and to reject any compartmentalization of intellectual life, Bataille founded the journal Critique. Adopting the format of the review essay, he surveyed the post-war cultural landscape while advancing his reflections on excess, non-knowledge, and the general economy. Focusing on literature as a mode of sovereign uselessness, he tackled prominent and divisive figures such as Henry Miller and Albert Camus. In keeping with Critique’s mission to explore the totality of human knowledge, Bataille’s articles did not just focus on the literary but featured important reflections on the science of sexuality, the Chinese Revolution, and historical accounts of drunkenness, among other matters. Throughout, he was attuned to how humanity would deal with the excessive forces of production and destruction it had unleashed, his aim being a way of thinking and living that would inhabit that excess. This is the first of three volumes collecting Bataille’s post-war essays. Beginning with an article on Nietzsche and fascism written shortly after the liberation of Paris and running to the end of 1948, these texts make available for the first time in English the systematic diversity of Bataille’s post-war thought.

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Written by leading historians of the mid–nineteenth century United States, this book focuses on the continental dimensions of the U.S. Civil War. It joins a growing body of scholarship that seeks to understand the place of America’s mid-nineteenth-century crisis in the broader sweep of world history. However, unlike other studies that have pursued the Civil War’s connections with Europe and the Caribbean, this volume focuses on North America, particularly Mexico, British Canada, and sovereign indigenous states in the West. As the United States went through its Civil War and Reconstruction, Mexico endured its own civil war and then waged a four-year campaign to expel a French-imposed monarch. Meanwhile, Britain’s North American colonies were in complex and contested negotiations that culminated in confederation in 1867. In the West, indigenous nations faced an onslaught of settlers and soldiers seeking to conquer their lands for the United States. Yet despite this synchronicity, mainstream histories of the Civil War mostly ignore its connections to the political upheaval occurring elsewhere in North America. By reading North America into the history of the Civil War, this volume shows how battles over sovereignty in neighboring states became enmeshed with the fratricidal conflict in the United States. Its contributors explore these entangled histories in studies ranging from African Americans fleeing U.S. slavery by emigrating to Mexico to Confederate privateers finding allies in Halifax, Nova Scotia. This continental perspective highlights the uncertainty of the period when the fate of old nations and possibilities for new ones were truly up for grabs.

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Written by leading historians of the mid–nineteenth century United States, this book focuses on the continental dimensions of the U.S. Civil War. It joins a growing body of scholarship that seeks to understand the place of America’s mid-nineteenth-century crisis in the broader sweep of world history. However, unlike other studies that have pursued the Civil War’s connections with Europe and the Caribbean, this volume focuses on North America, particularly Mexico, British Canada, and sovereign indigenous states in the West. As the United States went through its Civil War and Reconstruction, Mexico endured its own civil war and then waged a four-year campaign to expel a French-imposed monarch. Meanwhile, Britain’s North American colonies were in complex and contested negotiations that culminated in confederation in 1867. In the West, indigenous nations faced an onslaught of settlers and soldiers seeking to conquer their lands for the United States. Yet despite this synchronicity, mainstream histories of the Civil War mostly ignore its connections to the political upheaval occurring elsewhere in North America. By reading North America into the history of the Civil War, this volume shows how battles over sovereignty in neighboring states became enmeshed with the fratricidal conflict in the United States. Its contributors explore these entangled histories in studies ranging from African Americans fleeing U.S. slavery by emigrating to Mexico to Confederate privateers finding allies in Halifax, Nova Scotia. This continental perspective highlights the uncertainty of the period when the fate of old nations and possibilities for new ones were truly up for grabs.

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Society is under siege – under attack on two fronts: from the global frontier-land where old structures and rules do not hold and new ones are slow to take shape, and from the fluid, undefined domain of life politics. The space between these two fronts, until recently ruled by the sovereign nation-state and identified by social scientists as ‘society' is ever more difficult to conceive of as a self-enclosed entity. And this confronts the established wisdom of the social sciences with a new challenge: sovereignty and power are becoming separated from the politics of the territorial nation-state but are not becoming institutionalized in a new space. What are the consequences of this profound transformation of social life? What kind of world will it create for the twenty-first century? This remarkable book – by one of the most original social thinkers writing today – attempts to trace this transformation and to assess its consequences for the life conditions of ordinary individuals. The first part of the book is devoted to the new global arena in which, thanks to the powerful forces of globalization, there is no 'outside', no secluded place to which one can retreat and hide away, and where the territorial wars of the past have given way to a new breed of 'reconnaissance wars'. The second part deals with settings in which life politics has taken hold and flourished. Bauman argues that the great challenge facing us today is whether we can find new ways to reforge the human diversity that is our fate into the vocation of human solidarity.

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The closely related problems of creativity and freedom have long been seen as emblematic of the Renaissance. Ullrich Langer, however, argues that French and Italian Renaissance literature can be profitably reconceived in terms of the way these problems are treated in late medieval scholasticism in general and nominalist theology in particular. Looking at a subject that is relatively unexplored by literary critics, Langer introduces the reader to some basic features of nominalist theology and uses these to focus on what we find to be "modern" in French and Italian literature of the fifteenth and sixteenth centuries. Langer demonstrates that this literature, often in its most interesting moments, represents freedom from constraint in the figures of the poet and the reader and in the fictional world itself. In Langer's view, nominalist theology provides a set of concepts that helps us understand the intellectual context of that freedom: God, the secular sovereign, and the poet are similarly absolved of external necessity in their relationships to their worlds. Originally published in 1990. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

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How the “recycling” of the Ottoman Empire’s uses of genealogy and religion created new political orders in the Middle EastIn this groundbreaking book, Adam Mestyan argues that post-Ottoman Arab political orders were not, as many historians believe, products of European colonialism but of the process of “recycling empire.” Mestyan shows that in the post–World War I Middle East, Allied Powers officials and ex-Ottoman patricians collaborated to remake imperial institutions, recycling earlier Ottoman uses of genealogy and religion in the creation of new polities, with the exception of colonized Palestine. These polities, he contends, should be understood not in terms of colonies and nation-states but as subordinated sovereign local states—localized regimes of religious, ethnic, and dynastic sources of imperial authority. Meanwhile, governance without sovereignty became the new form of Western domination.Drawing on previously unused Ottoman, French, Syrian, and Saudi archival sources, Mestyan explores ideas and practices of creating composite polities in the interwar Middle East and, in doing so, sheds light on local agency in the making of the forgotten Kingdom of the Hijaz, Jordan, Egypt, Saudi Arabia, and Syria, the first Muslim republic. Mestyan considers the adjustment of imperial Islam to a world without a Muslim empire, discussing the post-Ottoman Egyptian monarchy and the intertwined making of Saudi Arabia and the State of Syria in the 1920s and 1930s.Mestyan’s innovative analysis shows how an empire-based theory of the modern political order can help refine our understanding of political dynamics throughout the twentieth century and down to the turbulent present day.

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Where does the nation-state end and globalization begin? In Territory, Authority, Rights, one of the world's leading authorities on globalization shows how the national state made today's global era possible. Saskia Sassen argues that even while globalization is best understood as "denationalization," it continues to be shaped, channeled, and enabled by institutions and networks originally developed with nations in mind, such as the rule of law and respect for private authority. This process of state making produced some of the capabilities enabling the global era. The difference is that these capabilities have become part of new organizing logics: actors other than nation-states deploy them for new purposes. Sassen builds her case by examining how three components of any society in any age--territory, authority, and rights--have changed in themselves and in their interrelationships across three major historical "assemblages": the medieval, the national, and the global. The book consists of three parts. The first, "Assembling the National," traces the emergence of territoriality in the Middle Ages and considers monarchical divinity as a precursor to sovereign secular authority. The second part, "Disassembling the National," analyzes economic, legal, technological, and political conditions and projects that are shaping new organizing logics. The third part, "Assemblages of a Global Digital Age," examines particular intersections of the new digital technologies with territory, authority, and rights. Sweeping in scope, rich in detail, and highly readable, Territory, Authority, Rights is a definitive new statement on globalization that will resonate throughout the social sciences.

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Throughout history, human societies have been organized preeminently as territories—politically bounded regions whose borders define the jurisdiction of laws and the movement of peoples. At a time when the technologies of globalization are eroding barriers to communication, transportation, and trade, Once Within Borders explores the fitful evolution of territorial organization as a worldwide practice of human societies. Master historian Charles S. Maier tracks the epochal changes that have defined territories over five centuries and draws attention to ideas and technologies that contribute to territoriality’s remarkable resilience.Territorial boundaries transform geography into history by providing a framework for organizing political and economic life. But properties of territory—their meanings and applications—have changed considerably across space and time. In the West, modern territoriality developed in tandem with ideas of sovereignty in the seventeenth century. Sovereign rulers took steps to fortify their borders, map and privatize the land, and centralize their sway over the populations and resources within their domain. The arrival of railroads and the telegraph enabled territorial expansion at home and abroad as well as the extension of control over large spaces. By the late nineteenth century, the extent of a nation’s territory had become an index of its power, with overseas colonial possessions augmenting prestige and wealth and redefining territoriality.Turning to the geopolitical crises of the twentieth century, Maier pays close attention to our present moment, asking in what ways modern nations and economies still live within borders and to what degree our societies have moved toward a post-territiorial world.

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An engaging exploration of modern-day deals and deal-making Gods at War details the recent deals and events that have forever changed the world of billion-dollar deal-making. This book is a whirlwind tour of the players determining the destiny of corporate America, including the government, private equity, strategic buyers, hedge funds, and sovereign wealth funds. It not only examines many of the game-changing takeover events that have occurred in the past years, but also puts them into context and exposes what is really going on behind the scenes on Wall Street. Gods at War completely covers the strategic issues that guide the modern-day deal, and since they unfold under the shadow of the law, it also focuses on the legal aspects of deal-making and takeovers. Each chapter unfolds through the lens of a recent transaction, from the battle between Yahoo! and Microsoft to the United Rental/Cerberus dispute Provides in-depth explanations and analysis of the events and actors that have shaped this fast-moving field Examines the federal government's regulation by deal approach to saving the financial system and explains the government's biggest "deals", including its bail-outs of AIG, Bank of America, and Citigroup Filled with in-depth insights that will enhance your understanding of this field, Gods at War offers an engaging look at deals and deal-makers in the context of recent historical events. It's a book for those who want to understand deals, takeovers, and the people and institutions who shape our world.

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The rights and responsibilities of the individual are at the centre of today's armed conflicts in a way that they have never been before. This process of 'individualization', which challenges the primacy of the sovereign state, is driven by normative developments related to human rights that have elevated human-centric conceptions of security and created a new class of international crimes, as well as by technological and strategic developments that can both empower individuals as military actors and enable either the targeting or protection of particular individuals. The Individualization of War examines the status of individuals in contemporary armed conflict in three main capacities: as subject to violence but deserving of protection; as liable to harm because of their responsibility for attacks on others; and as agents who can be held accountable for the perpetration of crimes. This book presents a novel conceptualization of the phenomenon of individualization, including how it is both practiced and contested. It then convenes a set of leading thinkers from the fields of moral philosophy, international law, and international relations to further our understanding of not only how individualization is manifest in armed conflict - in theory and in practice - but also how it generates tensions and challenges for today's scholars and practitioners. The collective research on which the book is based integrates the currently segregated scholarship on individualization in different academic disciplines, thereby illuminating the important links between law, morality, and politics that constitute the day-to-day reality for national militaries, international organizations, and humanitarian actors

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The formation of the Confederate States of America involved more than an attempt to create a new, sovereign nation -- it inspired a flurry of creativity and entrepreneurialism in the South that fiercely matched Union ingenuity. H. Jackson Knight's Confederate Invention brings to light the forgotten history of the Confederacy's industrious inventors and its active patent office.Despite the destruction wrought by the Civil War, evidence of Confederate inventions exists in the registry of the Confederate States Patent Office. Hundreds of southerners submitted applications to the agency to secure patents on their intellectual property, which ranged from a ""machine for operating submarine batteries,"" to a ""steam plough,"" to a ""combined knapsack and tent,"" to an ""instrument for sighting cannon."" The Confederacy's most successful inventors included entrepreneurs, educators, and military men who sought to develop new weapons, weapon improvements, or other inventions that could benefit the Confederate cause as well as their own lives. Each creation belied the conception of a technologically backward South, incapable of matching the creativity and output of northern counterparts. Knight's work provides a groundbreaking study that includes neglected and largely forgotten patents as well as an array of other primary sources. Details on the patent office's origins, inner workings, and demise, and accounts of southern inventors who obtained patents before, during, and after the war reveal a captivating history recovered from obscurity.A novel creation in its own right, Confederate Invention presents the remarkable story behind the South's long-forgotten Civil War inventors and offers a comprehensive account of Confederate patents.

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The dramatic evolution of financial markets in the 1980s and 1990s, accompanied by increasing institutional integration between nations (most notably in the EU), have fostered a widespread belief that governments - particularly those of small economies - have essentially lost the power to pursue sovereign, independent economic policies. At the same time, it is widely assumed that the loss of monetary-policy control is a major opportunity cost for a country adopting a rigid exchange-rate regime or, in the European context, for countries joining the EMU.This book sheds light on these arguments by examining the relationship between the international integration of domestic money markets and the degree of monetary-policy independence in eleven small, open economies in Europe. The authors address these important issues in the context of a broad-based historical analysis of market formation and growth, exchange-rate policies and deregulation. They find that political motives, in conjunction with competitive forces, path dependence and institutional factors, are a major determinant of market development. Moreover, they reveal that credible commitment to a stability goal is a far more reliable predictor of monetary-policy autonomy than the adoption of a specific exchange-rate regime.This accessible investigation of the relationship between domestic money-market development, international financial integration and the monetary-policy options available to small, open economies will be welcomed by students and researchers of macroeconomics, financial economics and political economy. The extensive empirical research and original conclusions will also be of interest and benefit to corporate decisionmakers, bankers, policymakers and regulators.

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Catastrophic Historicism unsettles the historicist constitution of Julia de Burgos (1914–53), Puerto Rico’s most iconic writer—a critical task that necessitates redefining the concept of historicism. Through readings of Aristotle, Walter Benjamin, Jacques Derrida, Werner Hamacher, and Frank Ankersmit, Mendoza-de Jesús shows that historicism grounds historical objectivity in the historian’s capacity to compose totalizing narratives that domesticate the contingency of the past. While critiques of historicism as a realism leave untouched the sovereignty of the historian, the book insists that reading the text of history requires an attunement to danger—a modality that interrupts historicism by infusing the past with a contingency that evades total appropriation. After desedimenting the monumental tradition that has reduced de Burgos to a totemic figure, Catastrophic Historicism reads the poet’s first collection, Poema en 20 surcos (1938). Mendoza-de Jesús argues that the historicity of Poema crystallizes in the lyrical speaker’s self-institution as an embodied ipseity, which requires producing racialized/gendered allegorical figures—the bearers of an abject flesh—that lack any ontological resistance to modern alienation. Rather than treating de Burgos’s poetics of selfhood as the ideal image of Puerto Rican sovereignty, Mendoza-de Jesús endangers this idealization by drawing attention to the abjection that sustains our attachments to ipseity as the form of a truly sovereign life. In this way, Catastrophic Historicism not only resets the terms of ongoing critiques of historicism in the humanities—it also intervenes in Puerto Rican historicity for the sake of its transformation.

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