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States and Markets: A Classic Book by Susan Strange
States and Markets is a book by Susan Strange, a pioneer of international political economy. The book was first published in 1988 and revised in 1994. It offers a comprehensive analysis of the changing role of states and markets in the global system, as well as a critique of the dominant theories of international relations.
The book argues that states and markets are not separate entities, but interdependent and co-evolving phenomena. Strange identifies four main dimensions of power in the world: security, production, finance, and knowledge. She shows how states and markets interact and influence each other in these domains, creating different patterns of order and disorder. She also challenges the conventional wisdom that states are losing their sovereignty and autonomy to global markets, and that markets are more efficient and rational than states.
States and Markets is a classic work of international political economy that remains relevant and influential today. It provides a rich and original perspective on the dynamics of world politics and the challenges facing policymakers and scholars. The book is available for free download from the Internet Archive[^1^].One of the main contributions of States and Markets is the concept of structural power, which refers to the ability of actors to shape the frameworks and rules of the international system. Strange argues that structural power is more important and enduring than relational power, which is based on the resources and capabilities of actors. She also suggests that structural power is not monopolized by states, but shared and contested by various actors, such as transnational corporations, international organizations, and social movements.
Another key insight of States and Markets is the recognition of the diversity and complexity of the global system. Strange rejects the idea of a single world order or a universal logic of development. She emphasizes the historical and geographical variations of states and markets, as well as the multiple and sometimes contradictory interests and values of actors. She also acknowledges the uncertainty and unpredictability of the future, and calls for a more creative and flexible approach to global governance.
States and Markets is a book that challenges conventional thinking and invites critical reflection. It is a book that inspires new questions and new possibilities. It is a book that deserves to be read and re-read by anyone interested in understanding and shaping the world we live in.In conclusion, States and Markets is a book that offers a comprehensive and original analysis of the changing role of states and markets in the global system. It also provides a critique of the dominant theories of international relations and a vision of a more pluralistic and democratic world order. The book is a classic work of international political economy that has influenced many scholars and practitioners in the field. It is also a book that is accessible and engaging for a wider audience, as it deals with issues that affect our lives and our future.
If you are interested in reading States and Markets, you can download it for free from the Internet Archive. You can also find more information about Susan Strange and her other works on her Wikipedia page. Susan Strange was a remarkable scholar and a pioneer of international political economy. She passed away in 1998, but her legacy lives on through her books and her ideas. 061ffe29dd