PSCI 229(F) Global Political Economy
Thirty years ago the production, distribution, consumption and accumulation of goods, services and capital were predominantly national, organized by nation-states and within national territories. Today they all are increasingly global in scope, and nation-states find themselves more and more the subjects of mobile transnational corporations, international trade tribunals, global currency markets and natural resources cartels than their masters. All of these developments have direct and far-reaching effects on the power of states, the wealth of societies, and the life chances of billions of people around the world. This course offers a broad introduction to the politics of global economic relations, emphasizing the inherent and inseparable intertwining of politics and economics, power and wealth, the state and the market. It begins with a short overview of liberal, mercantilist, Marxist and green theoretical traditions (including Smith, Ricardo, List, Mill, Marx, Gramsci and others) and a study of the emergence of the contemporary global order. We will examine both global trade and global finance, along the way focusing on several issues of recent interest including free trade, foreign direct investment, currency blocs, international labor standards, uneven development and the global spread of American-style consumerism. Format: lecture/discussion. Requirements: two exams, one research paper. No prerequisites. Enrollment limit: 39. International Relations Subfield
Hour: PAUL