PSCI 2223 Study Guide - Final Guide: Proletariat, Bourgeoisie, Human Capital
Document Summary
Deals with questions of distribution of wealth. Increased in prominence since the end of the cold war: theories of ipe. Power is essential for acquisition of wealth. Wealth and power are intertwined and pursuit of both is state goal. Trade results in mutual gains (non zero sum) Cooperation increases wealth and promotes peace (good for business) All states benefit (although at different rates) Division of labor among states to mutual advantage comparative advantage (ricardo) International economics replicates domestic classes: workers add value to commodities, all states benefit, but with different rates, capitalists (bourgeoisie) control production and exploit workers. Imperialism exports exploitation of working class (proletariat: adjusts for problems in capitalist system, overseas markets for overproduction and under consumption. Realism and liberalism are justifications for capitalist systems. All issues reducible to issues of gains or losses. Domestic politics and military spending: military spending (to take wealth) realism. Domestic development (to develop wealth within) - liberalism. Sanctions pros and cons: ideological basis.
