PS 114 Lecture Notes - Lecture 9: Class Conflict, Mercantilism, Economic Nationalism
3 Apr 2017
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Document Summary
Intersection of politics and economics, how they interact and influence each other. Robert gilpin ipe is about the interaction between wealth (economics) and power (politics) at the global level. Relationship is reciprocal power can be used to redistribute wealth, which in turn affects distribution of power. Study of ipe is the study of these dynamics. How politics and political actors influence economic policy and performance. How economics influences politics and political interactions. There is a connection, but the two are not synonymous. Ecsc (created to constrain germany) eec eu. Those with the gold make the rules. Economic nationalism advocates state regulation and management of the economy to increase state power and security. Bottom line economic activities should be subordinate to the needs and interests of the state. The rising tide raises my boat rises higher because i drilled holes in your boat. Bottom line: the essence of economics is conflict, not cooperation.
