Η διεθνής πολιτική οικονομία #Internationalrelationstheories : international political economy

Η διεθνής πολιτική οικονομία #Internationalrelationstheories : international political economy


Hello to everyone In this video i will analyze another theory of International relations This theory is called International Political Economy The common views of the theory are 1st the states need strong economy in order to achieve political power Also this theory studies Economic clevages beetween states and people What changed in 1971 Before this year economy and Policy were independent but in 1971 president Nixon of US Regulated ecocomy at a degree that considered to be dependent from policy making .But also polimaking seemed dependent from economy Why is that ? Because he abolished the Brenton Woods System This system was saying that the dollars have to be alterable to gold this was a boundary because the state couldnt print as Money as as today The theory has 3 approaches 1st merkandilismos 2nd economic liberalism 3rd Marxism 1st approach : they believe that well economy makes strong states and economy regulates policy Stated are the basic actors there is conflict of interests rather that common interests beetwen states Global economy is a zero sum game when if one state wins sth this is loss for another we have to worry about which state wins the most beetween the participans Because the state which wins the most will accumulate a lot military force Representatives of this approach are Alexander Hamilton and Fred List This approach also believes that states which have small economies have to make protectionist Economic policies in order to survive They thing that Japan makes protectionist Economic policies In addition they believe that states shouldnt be economical dependent the 2nd approach liberalism basic representative is adam smith Basic common views of this approach a) economy is self regulated b) people make rational choices c) Progress is increased as time passes d) Trading isnt a zero sum game e) states regulation to economy makes conflict economy has the rule of Comparative advantage this idea came from davis ricardo This means that in Free trading the best corporations are evolving this gives good income to employers and employes The actors in this model are people WHO are producers and consumers of products they are rational and they are motinated by wining Neoliberalism is a theory which believes at more self regulated economy this theory came from Thacher and Rigan the state has to regulate economy as less as possible the proponets of neoliberalism knew this will not work at every case This cases are called failure of economy one of this is the creation of monopoly John S. Mill wasnt in favor of extreme self regulation because according to him this will make econimic clevages beetwen citizens Before neoliberalism the keynce system was implemended this was in favor of states regulations to economy theu think that this will gine equal economic to people The last theory is Marxism They believe that 2 classes are existing the rich who are the owners of Companies and the poor who work in them. They believe that the way that Companies in order to grow exploit people from all over the world The states have less power because they are antagonist they are trying to fing Economic opportunities globally MGOs and organizations are important actors Wallerstein believes that the funds of a state trasporting from suberbs to the center of the state and globally from saouth to North states They believe that economy regulates policy the goal foe each class is to work for itself If you like this video leave a thumps up This was a synopsis i hope it was intresting See you in the next video

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  1. Αν σας αρεσει να μαθαινετε πραγματα μπορει να σας ενδιαφερει. 7 τροποι που θα σας οδηγησουν στην επιτυχια https://youtu.be/bLaNzXm8B04 .Ο ρεαλισμος στις διεθνεις κ καθημερινες σχεσεις https://youtu.be/YUChAOoBRWg

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