The Purse Strings of Peace
Bibliographic Data
| ID | 6232103 |
|---|---|
| Authors | Patrick J Mcdonald (0000-0002-7083-3927, The University of Texas at Austin, corresponding author) |
| Year | 2007 |
| Volume | 51 |
| Issue | 3 |
| Pages | 569-582 |
| Publication date | 2007-07-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | American Journal of Political Science (JOURNAL) |
| Journal identifiers | ISSN: 0092-5853 • E-ISSN: 1540-5907 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1540-5907.2007.00268.x |
| OpenAlex | W2056157339 |
| Language | EN |
| Citations received | 32 |
| References cited | 58 |
This article examines how commerce promotes peace between states. It diverges from the commercial peace literature and its predominant focus on international trade by looking inside the domestic economy to see how its structure influences conflict. Drawing on selectorate theory, I argue that substantial quantities of public property generate fiscal autonomy for governments, strengthen their hold on the domestic reigns of power, and create opportunities to pursue more aggressive foreign policies. A series of statistical tests shows that greater quantities of publicly held assets increase the likelihood that a state will participate in military conflict. Given that the predominance of privately held property is one of the defining institutions of capitalism, these results support the claim that capitalism promotes peace
Autonomy · Capitalism · Economic system · Economics · Political economy · Political science · Politics · Power (physics · Property (philosophy · State (computer science · Defense, Military, and Policy Studies · Law · Political Conflict and Governance · Politics and Conflicts in Afghanistan, Pakistan, and Middle East
Philopoemen of Megalopolis
Introduction
The Political Institutions of the Achaean Sympolity
Post Conflict Normalization through Trade Preferential Agreements
Realist Concerns or Economic Interdependence? Japanese Citizens’ Policy Preferences Toward China in the Issue of the Senkaku Islands
Exploring Serbia–Kosovo Trade Relations
The Fiscal Autonomy of Deciders
The Hard Power of Natural Resources
The Limited Scope of the Democratic Peace
A Modern Peace? Schumpeter, the Decline of Conflict, and the Investment–War Trade-Off
Pork, parties, and priorities
Trade Interdependence and the Issues at Stake in the Onset of Militarized Conflict
Natural resources and infectious diseases
Borrowing Trouble
Documenting energy flows between states
Conflict and cooperation with trade partners
Coming to Terms with the Capitalist Peace
Capitalism, Commitment, and Peace
Violence, “Capitalism,” and the Civilizing Process in Early Modern Europe
Extended Dependence
Multilateral Trade and Militarized Conflict
Adjudicating while Fighting
Democratic Peace
The Accountability Effects of Political Institutions and Capitalism on Interstate Conflict
Why Do States Join Some Universal Treaties but Not Others? An Analysis of Treaty Commitment Preferences
Complicating Commitment
The Liberal Moment Fifteen Years On1
The Democratic Peace Unraveled
The Rise of India
Liberal militarism and republican restraints on power
Guns, butter, and debt
Trade networks and the Kantian peace
Structure and change in economic history
Triangulating Peace
On the principles of political economy, and taxation.
The Prize
Economic Behavior and Institutions
The Socialist System
The Penn World Table (Mark 5)
Economic Interdependence and International Conflict
Interdependence and Conflict
Power Ties
The Correlates of War (Cow) Project Direct Contiguity Data, Version 3.0
The MID 3 data set, 1993–2001
World Development Indicators 2001
The Logic of Political Survival
The Egypt of Nasser and Sadat
Of Rule and Revenue
Generalized Estimating Equation Models for Correlated Data
Comparing New Theory with Prior Beliefs
The MID3 Data Set, 1993—2001
Militarized Interstate Disputes, 1816–1992
Eugene
Behavior, society and nuclear war
The Problem of War in Nineteenth Century Economic Thought
The Formation of State Policy in Western European Absolutisms
Taking Time Seriously
The socialist system
High Politics is Low Politics
The Kantian Peace
Testing Novel Implications from the Selectorate Theory of War
Public, Legislative, and Executive Constraints on the Democratic Initiation of Conflict
Combating the Resource Curse
Peace through Trade or Free Trade
Market Prosperity, Democratic Consolidation, and Democratic Peace
Democracies Really Are More Pacific (in General)
Information and Economic Interdependence
The Classical Liberals Were Right
Investing in the Peace
Taking Preferences Seriously
Regime Types, Markets, and War
The Capitalist Peace
Does Taxation Lead to Representation
Economic Policy and International Security
How the Wealth of Nations Conditions the Liberal Peace
Does Oil Hinder Democracy
War and the Survival of Political Leaders
Violent Adolescence
What the Change of System From Socialism to Capitalism Does and Does Not Mean
Globalization and Peace
Tracking Democracy's Third Wave with the Polity III Data
Development and the Liberal Peace
In Search of Hugo Chávez
War and the Fate of Regimes
An Institutional Explanation of the Democratic Peace
How to Keep the Bomb from Iran
| Unique citing works | 32 |
|---|---|
| Citations per year | 1,78 |
| Citation span | 2008 - 2025 (18) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 32 |