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Governing the Ungovernable - Recontextualizations of 'Competition' in European Policy Discourse

Author

Listed:
  • Laura Porak

    (Institute for Comprehensive Analysis of the Economy, Johannes Kepler University Linz, Austria)

Abstract

The role of the state and political authorities has always been highly ambivalent in different strands of neoliberalism. This paper aims to highlight contradictory political stances towards competition and associated modes of governance by analyzing policy discourse of the European Commission. While economic knowledge gained social relevance over the last decades, economic theory and thus also competition is characterized by its polysemy. Hence, different strands of economic thought are based on different 'economic imaginaries'. By conducting a Critical Discourse Analysis of the most recent 'governance structure' of the EU, 'Europe 2020', I found that competition is naturalized as mode of economic organization. The main contribution of this paper is the reconstruction of two 'economic imaginaries'. First, the European Commission as political sovereign and second, as an actor in the (world) market. Each 'economic imaginary' has distinct ideas about the functioning of the economy and the role of the political sovereign. Hence, they also have different policy implications. Moreover, I identify five discursive strategies employed to legitimize contradictory stances towards (the governance) of competition. Both the 'economic imaginaries' and the discursive strategies are clearly indicating a strong neoliberal influence on the 'governance structure' 'Europe 2020'.

Suggested Citation

  • Laura Porak, 2021. "Governing the Ungovernable - Recontextualizations of 'Competition' in European Policy Discourse," ICAE Working Papers 126, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    • Handle: RePEc:ico:wpaper:126
    as

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    References listed on IDEAS

    as
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    4. Karl Aiginger & Dani Rodrik, 2020. "Rebirth of Industrial Policy and an Agenda for the Twenty-First Century," Journal of Industry, Competition and Trade, Springer, vol. 20(2), pages 189-207, June.
    5. Kean Birch & Vlad Mykhnenko, 2014. "Lisbonizing versus Financializing Europe? The Lisbon Agenda and the (un)Making of the European Knowledge-Based Economy," Environment and Planning C, , vol. 32(1), pages 108-128, February.
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    Keywords

    Critical Discourse Analysis; European Commission; Europe 2020; Performativity of Economics; Competition; Competitiveness;
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