POLS 262 Chapter Entire Book : POLS-262-READINGS (1)

• School: Queen's University
• Department: Political Studies
• Course: POLS 262
• Professor: Wayne S Cox

Document Summary

Globalization is a process of historical change rather than a specific condition. By the time this crisis had run its course, several asian countries experienced economic depression, the indonesian government was overthrown, and countries like sk were forced to seek loans form the imf. 2nd story (state power): stresses the significance of state power in creating/ exploiting the crisis. 2 famous scholars alexander hamilton and frederick list. Economic nationalist thought is both descriptive and prescriptive: Descriptive: maintains that production, consumption, exchange, and investment are all governed by political power. Belief that economic actors are only subject to political authority. They also believe that states can alter their environments by changing their policies the continued salience of economic nationalist perspectives is easily visible today in production, consumption, trade, etc. Does not see the state as a unitary actor, but as influenced by numerous factors. Not a zero- sum game but a positive- sum game (everyone gains)