1st Edition
International Political Economy The Business of War and Peace
I. Corporatist Theory of International Relations 1. International Relations Theory 2. Polarized Politics 3. Political Economics II. Dynamic Political Economy 4. Strategic Methodology 5. Strategic Determination of the Business Cycle 6. International System Dynamics III. From Mercantilism to Imperialism 7. The Power of Mercantilism 8. The Hegemony of Free Trade 9. Imperialism and International Polarization IV. The Rise of Business Internationalism 10. The Business of World War II 11. The Unification of Europe 12. The Invention of Economic Development 13. Cold War Polarization and Security Today 14. Global Casino
Biography
James H. Nolt is a Senior Fellow at the World Policy Institute in New York and Adjunct Associate Professor at New York University, USA.
In an attempt to reframe the history of the modern global economy, this interesting and erudite book by Nolt (senior fellow, World Policy Institute) critiques conventional literature of international relations through the lens of the author's theory of corporatist international relations. Nolt's theory stresses that international relations are more than the interplay among various nation states; rather, nations' international policies reflect, in part, the powerful influence of various interest groups. In contrast to this theory, the realist school of international relations interprets national policies as emerging because of the nation-state's understanding of its self-interest without acknowledging the role of national interest groups. Though the book does not offer a comprehensive understanding of the nature of international relations, readers should not fault the author; with so many parties influencing outcomes, outcomes remain elusive. What Nolt does do—and does very well—is show how various kinds of corporate interests (e.g., manufacturing or finance) influence countries' international policies over long swaths of time, beginning with the Peloponnesian War. The book ends with an interesting final discussion about the evolving instabilities of international political economy.
--M. Perelman, California State University, Chico
