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Robert Gilpin -
Economy
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Does the functioning of the world economy tend to concentrate wealth and power, or does it tend to diffuse it?
Robert Gilpin
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The opposing tendencies of concentration and spread are of little consequence in the liberal model of political economy.
Robert Gilpin
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The world economy diffuses rather than concentrates wealth.
Robert Gilpin
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The parallel existence and mutual interaction of "state" and "market" in the modern world create "political economy"; without both state and market there could be no political economy.
Robert Gilpin
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Despite its increased dependence on the international economy, America continues to behave as if it were either a closed economy or the leader whom everyone else should automatically follow.
Robert Gilpin
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Structuralism argues that a liberal capitalist world economy tends to preserve or actually increase inequalities between developed and less developed economies.
Robert Gilpin
Quote of the day
Nobody ever did anything very foolish except from some strong principle.
William Lamb, 2nd Viscount Melbourne
Robert Gilpin
Born:
1930
Died:
June 20, 2018
(aged 88)
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