PSCI 2602 Lecture Notes - Lecture 9: Pax Britannica, International Political Economy, Unequal Exchange

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Theoretical foundations of ipe: social forces, institutions and power. Themes: core elements of historical materialism, concepts, issues and puzzles, historical materialism in action: explaining the 19th century, critical political economy. Core elements: class as principal unit of analysis, state/society complex ( historic bloc", economic base versus political superstructure (role of ideology and. Social myth": core-periphery + base-superstructure = global political economy theory of history. Historical materialism in action: explaining the 19th century. "hegemony at the international level is thus not merely an order among states. It is an order within a world economy with a dominant mode of production which penetrates into all countries and links into other subordinate modes of production. It is also a complex of international social relationships which connect the social classes of the different countries. World hegemony is describable as a social structure, an economic structure, and a political structure; and it cannot be simply one of these things but must be all three".

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