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This book discusses the role of space, time and cyclical behavior in world politics. More specifically, the political-economic role of lead economies – the world’s most innovative economies for finite periods of time – in world politics. These represent unusual concentrations of new technologies, energy sources, and military capabilities of global reach that play disproportional roles in the conduct of international affairs and the provision of limited governance at the most macro level. They also possess close links to economic growth and intense conflict. The book describes the economic, military and political processes behind the systemic leadership of a state at the international level. It also highlights the economic preconditions of systemic leadership, such as economic monopoly of new technologies and energy, which underlie the system leader’s material advantage over others. Analyzing lead economies and the evolution of power over a number of centuries, the author demonstrates how disruptions wrought by the emergence of new technologies and energy sources are partly responsible for global conflicts. This book appeals to international relations scholars as well as anyone interested in the political economy of systemic leadership, growth, and conflict in world politics.
We have long been told that corporations rule the world, their interests seemingly taking precedence over states and their citizens. Yet, while states, civil society, and international organizations are well drawn in terms of their institutions, ideologies, and functions, the world's global corporations are often more simply sketched as mechanisms of profit maximization. In this book, John Mikler re-casts global corporations as political actors with complex identities and strategies. Debunking the idea of global corporations as exclusively profit-driven entities, he shows how they seek not only to drive or modify the agendas of states but to govern in their own right. He also explains why we need to re-territorialize global corporations as political actors that reflect and project the political power of the states and regions from which they hail. We know the global corporations' names, we know where they are headquartered, and we know where they invest and operate. Economic processes are increasingly produced by the control they possess, the relationships they have, the leverage they employ, the strategic decisions they make, and the discourses they create to enhance acceptance of their interests. This book represents a call to study how they do so, rather than making assumptions based on theoretical abstractions.
Why does corporate governance--front page news with the collapse of Enron, WorldCom, and Parmalat--vary so dramatically around the world? This book explains how politics shapes corporate governance--how managers, shareholders, and workers jockey for advantage in setting the rules by which companies are run, and for whom they are run. It combines a clear theoretical model on this political interaction, with statistical evidence from thirty-nine countries of Europe, Asia, Africa, and North and South America and detailed narratives of country cases. This book differs sharply from most treatments by explaining differences in minority shareholder protections and ownership concentration among countries in terms of the interaction of economic preferences and political institutions. It explores in particular the crucial role of pension plans and financial intermediaries in shaping political preferences for different rules of corporate governance. The countries examined sort into two distinct groups: diffuse shareholding by external investors who pick a board that monitors the managers, and concentrated blockholding by insiders who monitor managers directly. Examining the political coalitions that form among or across management, owners, and workers, the authors find that certain coalitions encourage policies that promote diffuse shareholding, while other coalitions yield blockholding-oriented policies. Political institutions influence the probability of one coalition defeating another.
Globalization is an extraordinary phenomenon affecting virtually everything in our lives. And it is imperative that we understand the operation of economic power in a globalized world if we are to address the most challenging issues our world is facing today, from climate change to world hunger and poverty. This revolutionary work rethinks globalization as a power system feeding from, and in competition with, the state system. Cutting across disciplines of law, politics and economics, it explores how multinational enterprises morphed into world political organisations with global reach and power, but without the corresponding responsibilities. In illuminating how the concentration of property rights within corporations has led to the rejection of democracy as an ineffective system of government and to the rise in inequality, Robé offers a clear pathway to a fairer and more sustainable power system.
A reinterpretation of world politics drawing on Chinese cultural and philosophical traditions to argue for a focus on relations amongst actors, rather than on the actors individually.
Since the sudden disappearance of the Soviet Union, many scholars have argued that the balance of power theory is losing its relevance. This text examines this viewpoint, as well as looking at systematic factors that may hinder or favour the return of balance of power politics.
This account of state-systems, which derives not from theoretical models but from the study of state-systems that have actually existed, emphasizes their moral or normative bases. It argues that a system of states presupposes a common culture. The essays deal with the concept of systems of states: the state-systems of Hellas; Hellas and Persia; the geographical and chronological boundaries of the modern states-system; international legitimacy; and triangles and duels. An introductory chapter by Hedley Bull draws the essays together and provides an account of Martin Wright's life and thought.
Drawing together leading scholars, the book provides a revealing new map of the US political economy in cross-national perspective.
Presents a theoretically and methodologically sophisticated remapping and analysis of political-institutional power diffusion in democracies.
2021 ASHE/CIHE Award for Significant Research on International Higher Education U.S. Power in International Higher Education explores how internationalization in higher education is not just an educational endeavor, but also a geopolitical one. By centering and making explicit the role of power, the book demonstrates the United States’s advantage in international education as well as the changing geopolitical realities that will shape the field in the future. The chapter authors are leading critical scholars of international higher education, with diverse scholarly ties and professional experiences within the country and abroad. Taken together, the chapters provide broad trends as well as in-depth accounts about how power is evident across a range of key international activities. This book is intended for higher education scholars and practitioners with the aim of raising greater awareness on the unequal power dynamics in internationalization activities and for the purposes of promoting more just practices in higher education globally.