Governing economic life
Abstract
This paper proposes some new ways of analysing the exercise of political power in advanced liberal democratic societies. These are developed from Michel Foucault's conception of ‘governmentality’ and addresses political power in terms of ‘political rationalities’ and ‘technologies of government’. It draws attention to the diversity of regulatory mechanisms which seek to give effect to government, and to the particular importance of indirect mechanisms that link the conduct of individuals and organizations to political objectives through ‘action at a distance’. The paper argues for the importance of an analysis of language in understanding the constitution of the objects of politics, not simply in terms of meaning or rhetoric, but as ‘intellectual technologies’ that render aspects of existence amenable to inscription and calculation. It suggests that governmentality has a characteristically ‘programmatic’ form, and that it is inextricably bound to the invention and evaluation of technologies that seek to give it effect. It draws attention to the complex processes of negotiation and persuasion involved in the assemblage of loose and mobile networks that can bring persons, organizations and objectives into alignment. The argument is exemplified through considering various aspects of the regulation of economic life: attempts at national economic planning in post-war France and England; the role ascribed to changing accounting practices in the UK in the 1960s; techniques of managing the internal world of the workplace that have come to lay special emphasis upon the psychological features of the producing subjects. The paper contends that ‘governmentality’ has come to depend in crucial respects upon the intellectual technologies, practical activities and social authority associated with expertise. It argues that the self-regulating capacities of subjects, shaped and normalized through expertise, are key resources for governing in a liberal-democratic way.
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Researchers in critical accounting have been primarily concerned with localization of power: creation of obligatory passage points or centres of calculation allowing government at a distance and long distance control through accounting.
“researchers have been primarily concerned with the localization of power: the creation of “obligatory passage points” or “centres of calculation” (Latour, 1986) that allow for “government at a distance” (Miller & Rose, 1990) and “long distance control” through accounting”
From Evaluative infrastructures: Accounting for platform organization (2017) · cites this paper as Miller & Rose, 1990
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“To be more precise: the transformation of structures of production is possible only if individuals ‘optimize’ their relation to themselves and to work (Miller and Rose 1990; Donzelot 1991).”
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“One virtue of numbers is that they easily circulate and seem straightforward to interpret, making it possible to monitor or govern ‘‘at a distance’’ (Miller and Rose 1990; Cohen 1982; Scott 1998).”
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“(Foucault 1991a, 92, 99–101; see Meuret 1993; Miller and Rose 1990) discipline Foucault repeatedly pointed out that the power of the economy was vested on a prior “economics of power” since the accumulation of capital presumes technologies of production and forms of labor that enable putting to use…”
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“2 This thesis, which will be developed later in the paper, is rendered all the more suggestive, because neo-liberalism was founded and promoted by the convergence or coincidence of ‘Right’ and ‘Left’ liberationist discourses that de ned themselves against the authoritarianism of expertise (Rose 1996), and such conver…”
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“Such technologies may be apparently humble and mundane mechanisms such as techniques of notation, systems of training, professional specialisms and vocabularies (Miller & Rose, 1990).”
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“Thought of in this way the silencing of discourses of pleasure with respect to unwanted activities, such as the inappropriate consumption of drugs, appears as a strategy integral to liberal government’s attempts to ‘govern at a distance’ (Miller and Rose, 1990).”
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“As a way of thinking about the project of government, in its widest sense, neoliberalism has sought since the Second World War to construct citizenship in terms of the ability of individuals to monitor and regulate their own behavior, both as ‘‘entrepreneurs’’ and as ‘‘consumers’’ (Burchell 1993; Lemke 2001; Miller an…”
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Kurunmäki, L., & Miller, P. (2006) · Financial Accountability and Management · doi:10.1111/j.0267-4424.2006.00394.x · Cited by 197 · see citing works
Self-citationSocial impact bonds: The securitization of the homeless
Cooper, C., Graham, C., & Himick, D. (2015) · Accounting Organizations and Society · doi:10.1016/j.aos.2016.10.003 · Cited by 194 · see citing works
Calculating without numbers: aesthetic governmentality in Delhi's slums
Ghertner, D. A. (2010) · doi:10.1080/03085141003620147 · Cited by 191
“Nor is my goal to discredit studies that empirically describe how individuals’ desires and populations’ interests are shaped through numbers (e.g. Miller & O’Leary, 1987; Miller & Rose, 1990).”
BackgroundCritical accounting research and neoliberalism
Chiapello, È. (2016) · Critical Perspectives on Accounting · doi:10.1016/j.cpa.2016.09.002 · Cited by 234 · see citing works
“This long lineage of neoliberalism – which *Rose (1991) also associates with the lineage of democracy – casts light on the seductive appeal of neoliberal policies, which the critical research generally finds difficult to recognise,14 having failed to continue the reflection initiated by *Humphrey, Miller, Scapens (199…”
BackgroundInfluential
- Authors
- Miller, P., & Rose, N.
- ORCID
- Rose, Nikolas
- Venue
- Economy and Society
- Publisher
- Informa UK Limited
- Published
- 1990-02
- Volume
- 19
- Issue
- 1
- Pages
- 1-31
- ISSN
- 0308-5147 (ISSN-L)
- 1469-5766
- OpenAlex
- W2035029990
- Cited by
- 2,877
- References
- 46
- Citations by year
- 2026: 112 · 2025: 86 · 2024: 77 · 2023: 121 · 2022: 79 · 2021: 108 · 2020: 162 · 2019: 159 · 2018: 141 · 2017: 113 · 2016: 101 · 2015: 108 · 2014: 113 · 2013: 115 · 2012: 138
- FWCI
- 62.53
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Economy and Society (publishedVersion)
- Topics
- Social Sciences › Sociology and Political Science › Foucault, Power, and Ethics
- Social Sciences › Political Science and International Relations › Globalization and political ideologies
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic Theory and Institutions
- Keywords
- governmentality, political power, political rationality, technologies of government, national economic planning, accounting practice, workplace management, expertise, self-regulation, liberal democracy, Michel Foucault, action at a distance, intellectual technologies, postwar France, post-war England
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