The Political Economy of War, Peace, and the Military–Industrial Complex
New Perspectives
Samenvatting
This volume contains a collection of articles by leading thinkers in economics, political economy and history. They explore the enduring challenges of avoiding war and ensuring peace. In addition to the clash of national political and economic interests, the economic system and character of the domestic economy can also foster conflict, as exemplified by the military-industrial complex.
The international economic system can have the same effect by producing unemployment and financial imbalances. The latter view was emphasized by Keynes. The book provides vital insight into the abrupt and dangerous shift to conflict between the US, Russia and China. This re-release of the special issue of the Review of Keynesian Economics presents vital new thinking on one of the most important topics of our time. It is essential reading for scholars interested in the political economy of war and peace.
Specificaties
Inhoudsopgave
Introduction: the challenge of political economy of war and peace (especially in a time of war) 1
Raffaele Giammetti and Thomas Palley
Beyond the age of hegemony 4
Jeffrey Sachs
Political economy of peace and war 10
Robert Skidelsky
Notes on the political economy of war 19
Wolfgang Streeck
The military–industrial complex as a variety of capitalism and threat to democracy: rethinking the political economy of guns versus butter 34
Thomas Palley
The US National Security State and Big Tech: frenemy relations and innovation planning in turbulent times 74
Cecilia Rikap
Centralization of capital and economic conditions for peace 91
Emiliano Brancaccio, Raffaele Giammetti and Stefano Lucarelli
Navigating geoeconomics in a new era of US–China relationship 111
Keyu Jin
Reimagining the global economic order 122
Dani Rodrik
The gift of sanctions: an analysis of assessments of the Russian economy, 2022–2023 134
James K. Galbraith
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