Theories of International Relations- IPE and Marxism The IPE analysis: issues, approach and problems Three classical theories in the IPE field Neo-Marxism

The International Political Economy analysis Focus: the interplay between politics and economics in the international context Politics: pursuit of power/ Economics: pursuit of wealth Issues: wealth and poverty; governance Actors: social/ institutionalized; private/ public; formal/ informal; global/ local Level of analysis: cutting across domestic and international levels of analysis Premises - political and economic realms are inextricably linked - political action affects greatly the establishment and transformation of the economic structures - the connection between domestic and international levels of analysis

Three classical theories of IPE? (Jackson & Sorensen) MercantilismEconomic Liberalism Marxism Relationship b/n economics and politics Politics decisiveEconomics autonomous Economics decisive Main actors/ units of analysis StatesIndividualsClasses The nature of economic relations Conflictual zero-sum game Cooperative positive-sum game Conflictual Economic goalsState powerMaximum individual well- being Class interests

Neo-Marxism Dependency theorists (Andre Gunter Frank) uneven development and inequalities of capitalist system; the North-South divide is global in scope Robert Cox: crossing level of analysis/ a wide range of public and private actors/ a pattern of global governance - ‘historical structures’: particular configuration of forces: material capabilities, ideas, institutions: ‘social forces’- process of capitalist production; ‘forms of state’ and ‘world order’ Immanuel Wallerstain -the ‘world system’ concept (a political and an economic structure with one depending on the other): world- empires and world economies