-Protestants take on monkish attitudes. detachment and non luxury/material
-We have to act as Protestants because that’s the ethic our society is base on to succeed.
-Marx was live think, Weber is think live.
-Weber wasn’t partial to Protestantism or capitalism he thinks it’s an iron cage. A fairy take It’s inevitable.
-Transformed the world into a society of people that do this.
How the Rest got Rich
“Barbie and the World Economy,” LA Times, September 22, 1996
-Trade deficits are difficult to calculate because a product’s export value is stolen by multiple actors that
contribute to the product’s manufacturing, which is then bought by one country. Deficit is to only one
-The United States are at a trade deficit with China because the import more than they export. Import
products whose origin is from many places determine what they owe China.
Alexander Hamilton, “Report on Manufactures,” re-printed in Crane and Amawi, eds., The
Theoretical Evolution of International Political Economy: A Reader, second edition (Oxford
University Press, 1997), pp. 35-47
-Why manufacturing industries are positive things just like how agriculture is positive. People argued in
wasn’t good. He enumerates reasons for it being good
-division of labour. people are better at the specific jobs they do instead of trying to do everything.
-The use of machinery is good because community wont be lost we’ll export our stuff to foreign
countries. Manufacture together for foreign countries. Workplace community instead of
-Women and children working. Want to be rich and contribute to production of exports. Inclusive
of women and children.
-Promoting emigration. Increasing population and people to be workers, not decreasing the
-Diversification of talents doesn’t pit men against each other. Everyone has their own talent and
the means to pursue it, domestic gain.
-Country will get rich by expanding as much as they can. Manufactures expend beyond
agriculture. Countries should expand their enterprises for this reason.
-Creating and relying on domestic products creates more stability because of the fluctuative
nature of markets. Will always know a product is available if you’re not relying on international
- Being dependent on foreign policies sucks. Demand changes everywhere. It seems like free trade would
work if one country can produce a good more efficiently than another. The reality is that markets fluctuate
and play a role.
Friedrich List, “Political and Cosmopolitical Economy,” re-printed in Crane and Amawi,
eds., The Theoretical Evolution of International Political Economy: A Reader, second edition
(Oxford University Press, 1997), pp. 48-54
-True political science recognizes that nations are self interested.