Political Economy and International Relations
Strange, Susan. “Political Economy and International Relations.” In International Relations Theory Today, edited by Ken Booth, Steve Smith, 154-174. Cambridge: Polity Press, 1995.
Noting that it is over twenty years since she and others argued for the end of the false division between politics and economics, Strange argues that the development of modern IPE has been in reaction to events within the global system. She suggests that there is still a division between an American IPE based conception of the Politics of International Economic Relations, and a non-American approach that bears some similarity to her own framework as laid out in States and Markets (1988) and elsewhere. She once again makes many of the criticisms she has detailed before regarding the discipline’s deference to international economics. Strange suggests the way forward is to conceptualise politics more widely, building on the work of moral philosophers and to apply her conception of structural power, as well as the more usual considerations of relational power.
Keywords: Political Economy; Structural Power, Power; Theory; International Relations