Theories of International Political Economy II:
Marxism and Constructivism
Min Shu
Waseda University
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An outline of the lecture
The basics of Marxism
Marxist IPE theories
Constructivism at a glance
Constructivist IPE theories
Feminist approaches to IPE
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The basics of Marxism
Class struggles
The relationship to the means of production defines one’s
(initial) membership of a class
Ruling class vs. working class (e.g., bourgeoisie vs. proletariat)
Historical materialism
Economic structure, legal and political superstructure, and
social consciousness
Primitive communism ancient (slave) society feudalism
capitalism ( socialism communism)
‘Cultural hegemony‘
Marxist interpretations of capitalism
The exploitation of labor
Chronical economic crisis
Capitalist world system
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Marxist IPE theories: Imperialism
The imperialism analysis of IPE
Domestic conflicts between the working class and the
capitalist class
Overseas colonial expansion
Imperialist wars over colonial territories
Imperialist wars and the two world wars
Small-scale regional conflicts
The first world war
The second world war…
Socialist revolution
Economic production and socialist revolution
Class struggles and socialist revolution
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Marxist IPE theories: Dependency theory
Time and cases
Between 1960s and 1970s
Failed independent economic development in Latin America
Dependency theory
The centre and the periphery in world economy
International economic order under attack
‘International division of labor’
Poor states: natural resources, cheap labor, old technologies
Rich states: advanced technologies, highly value-added
products, dominating the international politico-economic order
Reproduction of dependency
trade, finance, politics, technology, media, education, and
culture
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Marxist IPE theories: World System
Wallerstein and his works
Immanuel Wallerstein (1930-)
The Modern World System (4 Vols: 1974, 1980, 1989, 2011)
The theories of World System
Rejecting the third-world argument, and claiming instead ‘a
complex network of economic exchange relationships’
The structure of capitalist world economy
Core: the centre of business, industries and finance
Semi-periphery: providing the semi-finished products
Periphery: supplying raw materials, agricultural products and
cheap labour
Possible transition from the semi-periphery to the core
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Three theoretical frameworks compared
The interaction between politics and economy
Liberalist: politics and economy as two interacting spheres
Marxist: economy determines politics
Realist: politics determines economy
Analytical focuses and explanatory variables
Liberalism: individual actors economic efficiency
Realism: state actors geo-strategic considerations
Marxism: unequal relationships class conflicts
The overlapping of alternative theories
The role of national interests: Realism, Marxism
The emergence of IOs: Liberalism, Realism
Explaining inter-state conflicts: Marxism, Realism
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Constructivism at a glance
Some basic assumptions of constructivism
Constructivism or social constructivism
The national/state interests are relative
‘Anarchy is what states make of it’ (Wendt, 1992)
‘The logic of appropriateness’ (March and Olsen, 1989)
The social construction of IPE
Ideas
Identities
Values
Norms
Knowledge
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Constructivist IPE theories:
Epistemic Community
What is an epistemic community?
The network of knowledge-based professionals in scientific
and technological areas that have an impact on policy-making
The features of epistemic community
Experts who share the common knowledge and beliefs
The coordination between policy-makers and policy experts
A global network beyond state borders
The influences of epistemic community
Environmental protection
Financial regulation
Trade in service
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Constructivist IPE theories:
Norms and their impacts
What are the norms in IPE?
Norms: standards of behavior that are typical of, or accepted
within, a particular group or society
Norms in IPE: sets of accepted rules of appropriate practices
in international political economy
Examples: anti-dumping, anti-child labor, trade restrictions
based on health concerns
‘Norm entrepreneurs’
Actors that are able to prioritize certain norms (at the expense
of others) in international politico-economic interaction
Politicians, diplomats and experts
State or a group of states (G7, G20, etc.)
International organizations
Network of international NGOs
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Constructivist IPE theories:
Norms and their impacts
Creation and acceptance of international norms
The basis of norm internationalization
The internationalization of domestic politico-economic
problems
The contagious nature of financial, environmental and
healthy issues
The acceptance and internalization of norms
The 'boomerang effect’: five stages
Negligence
Resistance
Strategic concession
The roles of domesticized rules
Domestic rules as given
Norm diffusion and localization
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Constructivist IPE theories: Identity
Identity in international political economy
How does one identify herself, her job, her daily life, her country and
her region…?
How does one identify other people, their jobs, their lives, their
religions, their countries and their regions…?
The multi-layered structure of identity
Overlapping identities
Possible conflicts between multiple identities
The dominant identity and its impact
The formation and transformation of identity
Identity formation
education, socialisation, emulation
Identity transformation
International political or economic crisis: incentives for change
External pressures: reward, coercion, persuasion…
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Constructivist IPE theories: Identity
Self-identification
Race, nation, culture, and ethnicity…
Self-identification and interest calculation in IPE
Self-identification and policy formation in IPE
Spatial Identities in IPE
Small vs. big
Local vs. global
Domestic vs. international
Everyday life, identity consolidation and transformation
in IPE: a grassroots perspective
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Feminist approaches to IPE
What is feminism?
Three waves of feminist thoughts
Pursuing gender equality (in public life)
Opposing gender discrimination (in personal domain)
Opposing essentialist definitions of femininity (in cross-cultural
context)
The roles of female in international political economy
Reforming the masculinized international relations
The masculinity of IPE: power, interest, conflict…
The femininity of IPE: coordination, compromise, consensus…
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