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Capitalist Peace
The capitalist or commercial peace theory posits that market openness contributes to more peaceful behavior among states, and that developed market-oriented economies are less likely to engage in conflict with one another. Along with the democratic peace theory and institutionalist arguments for peace, the commercial peace forms part of the Kantian tripod for peace. Prominent mechanisms for the commercial peace revolve around how capitalism, trade interdependence, and capital interdependence raise the costs of warfare, incentivize groups to lobby against war, make it harder for leaders to go to war, and reduce the economic benefits of conquest. Scholars have debated the empirical and theoretical validity of the commercial peace thesis, as well as the mechanisms behind the theory. According to one review of existing research, the evidence on the relationship between economic interdependence and conflict is inconclusive. History The philosophical roots of the commercial peace, clo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Open Market
The term open market is used generally to refer to an economic situation close to free trade. In a more specific, technical sense, the term refers to interbank trade in securities. In economic theory Economists judge the "openness" of markets according to the amount of government regulation of those markets, the scope for competition, and the absence or presence of local cultural customs which get in the way of trade. In principle, a fully open market is a completely free market in which all economic actors can trade without any external constraint. In reality, few markets exist which are open to that extent, since they usually cannot operate without an enforceable legal framework for trade which guarantees security of property, the fulfillment of contractual obligations associated with transactions, and the prevention of cheating. A physical open market is a space where anyone wishing to trade physical goods may do so free of selling charges and taxes, and has come to be regar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Henry Farrell (political Scientist)
Henry Farrell is an Ireland, Irish-born political scientist at Johns Hopkins University. He previously taught at the University of Toronto and earned his PhD from Georgetown University. His research interests include, trust and co-operation; E-commerce; the European Union; and institutional theory. He is an elected member of the Council on Foreign Relations. A major contribution has been in his work with Abraham L. Newman, Abraham Newman on weaponized interdependence. Work Farrell is a member of the Crooked Timber group blog. He has written articles on blogging for Foreign Policy and The Chronicle of Higher Education. He has written for the ''Washington Post'' blog, ''Monkey Cage'', including as editor-in-chief from 2019-2022. He published a piece in ''The Economist'' in 2023 on the "religious schism" seen among AI engineers, and another piece on the similarity of AI models to older forms of knowledge integration. Books * * * References # # # # # # (reprinted ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Richard Rosecrance
Richard Newton Rosecrance (24 October 1930 – 7 March 2024) was an American political scientist. His research and teaching was focused on international relations, in particular the link between economics and international relations. His research and writing also touched upon the study of history. Rosecrance was an adherent of liberal international relations theory. Education Rosecrance received his BA from Swarthmore College, and his MA and PhD under William Yandell Elliott from Harvard University. Career During the 1960s, Rosecrance taught at the University of California, Los Angeles. He was Director of what later became known as the Ronald_Burkle#Burkle_Center_for_International_Relations, Burkle Center for International Relations at UCLA. During the 1970s, Rosecrance was on the faculty of Cornell University, where he was the Walter S. Carpenter Jr. Professor of International and Comparative Politics. He served on the Policy Planning Staff (United States), Policy Planning Coun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Unknown Ideal
''The'' is a grammatical Article (grammar), article in English language, English, denoting nouns that are already or about to be mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the Most common words in English, most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with nouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Statism
In political science, statism or etatism (from French, ''état'' 'state') is the doctrine that the political authority of the state is legitimate to some degree. This may include economic and social policy, especially in regard to taxation and the means of production. While in use since the 1850s, the term ''statism'' gained significant usage in American political discourse throughout the 1930s and 1940s. Opposition to statism is termed anti-statism or anarchism. The latter is usually characterized by a complete rejection of all hierarchical rulership. Overview Statism can take many forms, from small government to big government. Minarchism is a political philosophy that prefers a minimal state such as a night-watchman state to protect people from aggression, theft, breach of contract and fraud with the military, police and courts. This may also include fire departments, prisons and other functions. The welfare state is another form within the spectrum o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Global Supply Chain
A global value chain (GVC) refers to the full range of activities that economic actors engage in to bring a product to market. The global value chain does not only involve production processes, but preproduction (such as design) and postproduction processes (such as marketing and distribution). GVC is similar to Industry Level Value Chain but encompasses operations at the global level. GVC is similar to the concept of a supply chain, but the latter focuses on conveyance of materials and products between locations, often including change of ownership of those materials and products. The existence of a global value chain (i.e. where different stages in the production and consumption of materials and products of value take place in different parts of the world) implies a global supply chain engaged in the movement of those materials and products on a global basis. In development The first references to the concept of a global value chain date from the mid-1990s. Early references we ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multinational Corporation
A multinational corporation (MNC; also called a multinational enterprise (MNE), transnational enterprise (TNE), transnational corporation (TNC), international corporation, or stateless corporation, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad solely to diversify financial risks. Most of the current largest and most influential companies are Public company, publicly traded multinational corporations, including Forbes Global 2000, ''Forbes'' Global 2000 companies. History Colonialism The history of multinational corporations began with the history of colonialism. The first multinational corporations were founded to set up colonial "factories" or port cities. The two main examples were the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bargaining Model Of War
In international relations theory, the bargaining model of war is a method of representing the potential gains and losses and ultimate outcome of war between two actors as a bargaining interaction. A central puzzle that motivates research in this vein is the "inefficiency puzzle of war": why do wars occur when it would be better for all parties involved to reach an agreement that goes short of war? In the bargaining model, war between rational actors is possible due to uncertainty and commitment problems. As a result, provision of reliable information and steps to alleviate commitment problems make war less likely. It is an influential strand of rational choice scholarship in the field of international relations. Thomas Schelling was an early proponent of formalizing conflicts as bargaining situations. Stanford University political scientist James Fearon brought prominence to the bargaining model in the 1990s. His 1995 article "Rationalist Explanations for War" is the most assigned ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bounded Rationality
Bounded rationality is the idea that rationality is limited when individuals decision-making, make decisions, and under these limitations, rational individuals will select a decision that is satisficing, satisfactory rather than optimal. Limitations include the difficulty of the problem requiring a decision, the cognitive capability of the mind, and the time available to make the decision. Decision-makers, in this view, act as satisficers, seeking a satisfactory solution, with everything that they have at the moment rather than an optimal solution. Therefore, humans do not undertake a full Cost–benefit analysis, cost-benefit analysis to determine the optimal decision, but rather, choose an option that fulfills their adequacy criteria. Some models of human behavior in the social sciences assume that humans can be reasonably approximated or described as rationality, rational entities, as in rational choice theory or An Economic Theory of Democracy, Downs' political agency model.M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clientelism
Clientelism or client politics is the exchange of goods and services for political support, often involving an implicit or explicit ''quid-pro-quo''. It is closely related to patronage politics and vote buying. Clientelism involves an asymmetric relationship between groups of political actors described as ''patrons, brokers'', and ''clients''. In client politics, an organized interest group benefits at the expense of the public. Client politics may have a strong interaction with the dynamics of identity politics. This is particularly common in an elite Pluralism (political theory), pluralist or rigidly Duopoly in politics, duopolistic system, such as in the United States, where lobbying can have considerable power shaping public policy. The opposite of client politics is entrepreneurial politics, or conviction politics. Although many definitions for clientelism have been proposed, according to the political scientist Allen Hicken, it is generally thought that there are four key e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael Mousseau
Michael James Mousseau (born 1964) is a political scientist whose research and teaching is focused on international relations and comparative politics, in particular the link between economic conditions, institutions, and conflict. He is the creator of economic norms theory, which identifies how sustained and equal opportunity in a market can create popular interests in liberal democracy, and peace within and between nations. He advocates that wealthy countries make aggressive efforts towards bringing widespread economic opportunity to lesser developed countries, which he argues would result in a just and permanent global peace. Biography Michael Mousseau received his Ph.D. from Binghamton University in 1998, after years of ethnographic research in many regions that included the Middle East (1984), Central America (1985 and 1987), the Soviet Union (1991), East Africa (1991), the Indian sub-continent (1992), and China (1992). He joined Koç University in 1998, where he remained for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Outbreak Of World War I
World War I or the First World War (28 July 1914 – 11 November 1918), also known as the Great War, was a World war, global conflict between two coalitions: the Allies of World War I, Allies (or Entente) and the Central Powers. Fighting took place mainly in European theatre of World War I, Europe and the Middle Eastern theatre of World War I, Middle East, as well as in parts of African theatre of World War I, Africa and the Asian and Pacific theatre of World War I, Asia-Pacific, and in Europe was characterised by trench warfare; the widespread use of Artillery of World War I, artillery, machine guns, and Chemical weapons in World War I, chemical weapons (gas); and the introductions of Tanks in World War I, tanks and Aviation in World War I, aircraft. World War I was one of the List of wars by death toll, deadliest conflicts in history, resulting in an estimated World War I casualties, 10 million military dead and more than 20 million wounded, plus some 10 million civilian de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
