On Money and World Politics
Strange, Susan, D.P. Calleo. “On Money and World Politics.” In Paths to International Political Economy, edited by Susan Strange. London: Allen and Unwin, 1984.
Strange discusses ‘Money and World Politics’ criticising economists for supposing questions of values and power are questions of market ‘imperfections’ and not of central importance. The article then goes on to consider the balance of payments problem and how suggestions for addressing this ‘problem’ reveal theoretical standpoints. They also note the disruptive influence/effect of American policies on the financial structure. The article concludes with a plea for a return to more ‘objective’ analysis of global problems, not driven by government set academic objectives.
Keywords: Hegemony; Money and Finance; Theory