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Linda Young, POLS 400, International Political Economy
One World: Ready or Not
Reading from Greider (illustrative of the
themes in this class)
Linda Young, POLS 400, International Political Economy
Greider’s Themes
Uses a metaphor of a machine that creates and destroys…
No one is at the wheel of this machine…
Concludes that commerce and capital have overrun politics
Both material life and our social understandings have changed
Juxtaposition of wealth and poverty– Exploitation of the weak by the strong
– Nations less relevant as globalization produces new economic classes within a nation that reduce social cohesion
WealthPoverty
Exploitation
Linda Young, POLS 400, International Political Economy
Greider’s Themes continued
Pace is relentless and even the strong have problems
keeping up
Are we merging into one world?
Not a competition between nations, but between new
classes of economic interests
Contradictions within our society will produce revolution
One World
Linda Young, POLS 400, International Political Economy
The Economist provides a sharp contrast
Globalization is a force for good
That far from being the greatest cause of poverty, globalization is the only feasible cure
Trade is freely chosen due to economic benefits
It’s a liberal argument for free trade – the point of the liberal market economy is that it civilizes the quest for profit, turning it willy nilly into an engine of social progress
Linda Young, POLS 400, International Political Economy
Filters Are Important
Greider and The Economist are two
perspectives illustrative of the rich variety
of interpretations out there.
Linda Young, POLS 400, International Political Economy
First discuss the field of International Political Economy (IPE) and how it will assist us in understanding the questions and issues raised by Greider
Our approach relies on theory, understanding of historical events, the growth of institutions, and the intersection of politics and economics
We can also discuss the strengths and weaknesses of his analysis
Our Approach
Linda Young, POLS 400, International Political Economy
Goals
To understand changes in the international economy over the past twenty years
To analyze the role of globalization and economic interdependence in determining national policies and growth, volatility, and interdependence in our national economy
To evaluate arguments about the role of the state in shaping the domestic economy – in light of globalization, is it pivotal, or irrelevant?
To gain knowledge of different world views, including the liberal, realist and historical-structuralist perspectives, and discuss their strengths and weaknesses in explaining past and current developments in domestic and international policies and their interface.
Linda Young, POLS 400, International Political Economy
This course is a prerequisite for
POLS 400 – Globalization and Politics,
to be taught Spring Semester 2006.
Linda Young, POLS 400, International Political Economy
Readings
Readings include: 1) two textbooks and 2) readings that will be available on the class website’s “Lectures and Readings” page: www2.montana.edu/lmyoung/POLS400-IPE-F05-lectures.htm.
Some of these readings are copyright protected and have been scanned and made available to you in password-protected pdf files. You can open these documents by typing in the password given to you in class.
Linda Young, POLS 400, International Political Economy
Requirements Attend class regularly
Be prepared to ask and answer questions in class
Participate in class discussion
Reading assignments before class is essential!
Course Grading Participation in class discussions: 10%
Reading Checks: 10%
Midterm: 25%
Final: 25%
Three short papers: 30%