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Notes on the political economy of war

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  • Wolfgang Streeck

Abstract

Written in an essayistic style, this paper explores some of the facets of the complex dynamics of modern warfare, probing the dynamic nature of conflicts; the role of technology and technological progress – the means of destruction as distinguished from the means of production – in modern war; the role of the United States in the globalization of warfare; asymmetric war between civilization and barbarism; and new distinctions between good and bad war, together with new concepts of heroism and mercenaryism. The paper also touches on the socio-cultural impacts of war, including its potential to foster unity or exacerbate divisions within societies.

Suggested Citation

  • Wolfgang Streeck, 2024. "Notes on the political economy of war," Review of Keynesian Economics, Edward Elgar Publishing, vol. 12(4), pages 293-307, August.
    • Handle: RePEc:elg:rokejn:v:12:y:2024:i:3:p293-307
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    More about this item

    Keywords

    Warfare; Peacebuilding; Conflict resolution; International relations; Military technology; Global justice;
    All these keywords.

    JEL classification:

    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • K33 - Law and Economics - - Other Substantive Areas of Law - - - International Law
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

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