Invested Interests Capital, Culture, and the World Bank
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Despite the World Bankrsquo;s profound impact on economic, political, and social conditions during the postWorld War II era, cultural critics who rigorously theorize other institutions of colonialism and globalization have largely ignored the institution. Working to correct this blind spot, Bret Benjaminrsquo;s Invested Interests presents the first extended cultural analysis of the World Bank. nbsp; InInvested Interests,Benjamin contends that the World Bank has, from its inception, trafficked in culture. From the political context in which the Bank was chartered to its evolution into an interventionist development agency with vast, unchecked powers, Benjamin explores the Bankrsquo;s central role in the global dissemination of Fordist-Keynesianism, its conflicted support for nationalism and the nation-state, and its emerging awareness of the relationships between economics and culture. Benjamin argues that the Bank shapes, and is in turn shaped by, historical pressures of the age-most significantly the rise of third world national liberation movements. Reading a broad array of midcentury archival materials, Benjamin examines not only the Bankrsquo;s own growing attentiveness to cultural work but also its prominent place in the thinking of such anti-imperialist intellectuals as Aimeacute; Ceacute;saire, Frantz Fanon, and Richard Wright. nbsp; Benjamin maps the Bankrsquo;s contemporary rhetorical maneuvering in the wake of ever-intensifying protests, offering close readings of the World Bankrsquo;s corporate literature, the activities of the antiglobalization World Social Forum, and the writings of prominent Bank critic Arundhati Roy, including her novelThe God of Small Things. nbsp; Deftly investigating the World Bankrsquo;s ideological struggles over six decades,Invested Interestsdevelops a conceptually and politically nuanced critique of the Bank as a cultural institution deeply enmeshed in the last centuryrsquo;s historical transformations of imperial power and anti-imperial struggle. nbsp; Bret Benjamin is associate professor of English and director of undergraduate studies at the University of Albany, SUNY.
List price: $23.50
Copyright year: 2007
Publisher: University of Minnesota Press
Publication date: 6/12/2007
Size: 5.75" wide x 8.75" long x 0.75" tall
|Introduction: Accounting for Culture|
|Imaginative Ventures: Cultivating Confidence at Bretton Woods|
|Imperial Burden: Selling Development to Wall Street|
|Uncomfortable Intimacies: Managing Third World Nationalisms|
|Culture Underwritten: Radical Critique and the Bank's Cultural Turn|
|Success Stories: NGOs and the Banking Bildungsroman|
|Literary Movements: Impossible Collectivities in The God of Small Things|
|Minimum Agendas: The World Social Forum and the Place of Culture|