POLS 2940 Study Guide - Final Guide: Bhopal Disaster, Global Financial System, International Political Economy

131 views14 pages

Document Summary

We need to understand s in relation to global capitalism. We think of power as a separation from political and economic power: really we need to look at both because they are completely involved with each other. Hegemony- rules through not only violence but through consent there are rules underpinned by violence: they shape what the rules are and how they will be enforced. Realist views and liberalist views ignore the underlying, systematic relations between political cooperation with economy. Liberalism fails to see how market demonstrate hierarchical forms of power by making everyone different level in the markets: rich people have more political say that the average person. There is a conflict between those who own investments and those that just work. Some states have power to shape the international system and others do not (those that are capital rich and those that are capital poor)