IDEAS home Printed from https://ideas.repec.org/a/sae/intare/v3y2000i2p109-127.html
   My bibliography  Save this article

Contending Perspectives of Political Economy: Liberalism and Statism

Author

Listed:
  • Young Namkoong

Abstract

This paper is aimed at providing conceptual framework in order to understand world political economy in general along with conducting a comparative analysis focused on fundamental value, substantial and desirable relation between politics (state) and economy(market) in the two paradigms. In highly simplified terms, Liberalism assumes that individuals are the proper unit of analysis, while states are major actors for statism. Furthermore, while liberalism assumes that relations between the actors are essentially harmonious, statism considers them to be conflictual. Finally liberalism assumes that politics and economics exist in separate spheres and believes that markets should be free from political interference. In retrospect, statism maintains that economics should be subordinate to the pursuit of state interests.

Suggested Citation

  • Young Namkoong, 2000. "Contending Perspectives of Political Economy: Liberalism and Statism," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 3(2), pages 109-127, June.
    • Handle: RePEc:sae:intare:v:3:y:2000:i:2:p:109-127
    DOI: 10.1177/223386590000300206
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/223386590000300206
    Download Restriction: no
    File URL: https://libkey.io/10.1177/223386590000300206?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:intare:v:3:y:2000:i:2:p:109-127. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.hufs.ac.kr/user/hufsenglish/re_1.jsp .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.