GLOBAL POLITICAL ECONOMY

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A SURVEY OF GLOBAL POLITICAL ECONOMY (VERSION 2.1 --OCTOBER 2009) KEES VAN DER PIJL Centre For Global Political Economy University of Sussex

ii VAN DER PIJL: A SURVEY OF GLOBAL POLITICAL ECONOMY TABLE OF CONTENTS Preface vi 1. From Classical to Global Political Economy 1 1. Political Economy and Class Conflict From Political Economy to the Critique of Political Economy The Rentier Perspective and the Value Controversy 2. The Emergence of Sociology Social Discipline and the Disciplinary Organisation of Academia 3. Philosophical Antecedents Ontology: Materialism and Idealism The Subject, Rationality, and Epistemology Subjectivist, Objectivist and Synthetic GPE Theories Part I. Subjectivist/Actor-Oriented Theories 2. Micro-Economics and Rational Choice 30 1. The Marginal Revolution in Economics Marginal Utility Theory Anchoring Subjective Rationality 2. The Keynesian Challenge and the Neoliberal Response The State Versus the Rentier The Revenge of the Rentier : Hayek s Neoliberalism 3. Rational Choice and Game Theory The Shadow of Society: Games Between Rational Subjects Applying the Method

TABLE OF CONTENTS iii 3. Positivism and Sociology 59 1. Early Positivism and Sociology Progressive Evolutionism Rationalism and Empiricism 2. Towards a Science of Social Control Durkheim s Reformism Anglophone Sociology Between Evolutionary Liberalism and Discipline 3. The Neo-Positivist Mutation The Turn to Method Managerial Flexibility as Orthodoxy Behaviourism and IR Neo-Realism The Limits of Linguistic Correspondence Applying the Method 4. He rmeneutics, Weber, Constructivism 88 1. Hermeneutics and Neo-Kantianism Roots of Hermeneutics in Romanticism and Theology Meaning At Both Ends of the Interpretive Method 2. Weberian Economic Sociology Subjective Rationality, Irrational World Ideal-Types, Values and Action 3. From Carr to Constructivism Neo-Weberian Aspects of Classical Realism Constructivism Applying the Method 5. Pragmatism and Institutionalism 114 1. Adaptation and Pragmatic Philosophy Social Darwinism and the Frontier Experience The Functional Psychology of James and Dewey 2. Veblen and Evolutionary Economics Economic Evolution Rentiers Preying on Industry Commons and the Managerial Revolution 3. Karl Polanyi and the Society/Market Dichotomy The Double Movement Varieties of Capitalism Applying the Method

iv VAN DER PIJL: A SURVEY OF GLOBAL POLITICAL ECONOMY Part II. Objectivist/Structural Theories 6. Weak Systems: Regulation and Regime Theories 142 1. Objective Rationality as System General Systems Theory Functionalism and Degrees of Functionalism 2. Regulation Theory Background in French State Intervention From State Monopoly Capitalism to Regulation Regulation Theory Compared to Rational Choice and Institutionalism Mediation and Class Compromise 3. Regime Theory Structural Conflict Functionalist Integration Theory and Epistemic Communities Applying the Method 7. World Systems and Long Cycle Theories 167 1. Capitalism as the History of Profit-Driven Enterprise The Annales School and Braudel Underdevelopment and Terms of Trade 2. World Systems Theory and Deterministic Materialism Wallerstein s Reading of Braudel and Frank System Determinism and Materialism 3. Long Cycles Hegemony and Economy Cycles of Hegemony and War Structural Theory and Its Alternatives Complexity Theory and Global Turbulence Applying the Method Part III. Synthetic/Historicist Theories 8. Historical Materialism and Dialectics 195 1. Building Blocks of Historical Materialism The Limits of Naturalistic Materialism From Kant s Antinomies to Hegel s Dialectics 2. Marx s Transformation of Dialectics Productive Forces and Relations of Production The Critique of

TABLE OF CONTENTS v Political Economy 3. Dialectical Transitions Socialisation and Imperialism Socialisation of Labour and Socialism The Slide Back to Materialism and Economism Imperialism and Marxism Applying the Method 9. The State, Hegemony, and Transnational Classes 225 1. Theories of the Capitalist State State Theories of the Marxist Classics Poulantzas and Relative Autonomy 2. Gramsci and Neo-Gramscianism Machiavellian Antecedents Gramsci s Theory of Historic Blocs and Hegemony Robert Cox and the Neo-Gramscians 3. Transnational Capital and Class Formation Interlocking Directorates and Concepts of Control From Class to General Interest Applying the Method 10. Freudianism and Post-Structuralism 253 1. The Freudian Legacy De-Centring the Subject Anti-Fordism: The Critique of Consumerism Libidinal Political Economy 2. Discourse and Power Language and Semiotics Discourse, Truth and Power 3. Post-Rationality Rationality as a Function of Power Post-Modernism and Anti-Modernism Applying the Method References (with alphabetic links of all texts hyperlinked in the chapters) 280

vi VAN DER PIJL: A SURVEY OF GLOBAL POLITICAL ECONOMY Books in print by Kees van der Pijl The Making of an Atlantic Ruling Class (London: Verso, 1984; web version without figures and tables, photo sections or appendix) Reprint in preparation. Transnational Classes and International Relations (London: Routledge, 1998) Global Rivalries from the Cold War to Iraq (London: Pluto, and New Delhi: Sage Vistaar, 2006) Nomads, Empires, States. Vol. 1 of Modes of Foreign Relations and Political Economy (London: Pluto, 2007) The Foreign Encounter in Myth and Religion. Vol. 2 of Modes of Foreign Relations and Political Economy (London: Pluto, forthcoming March, 2010) (German) Vordenker der Weltpolitik. Einführung in die internationale Politik aus ideengeschichtlicher Perspektive, 2 nd ed. [trans. W. Linsewksi] (Opladen, Leske + Budrich 1996)