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States and Markets

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'[States and Markets] should be read by every student of international political economy.' - International Relations Theory.

Susan Strange was one of the most influential international relations scholars of the latter half of the twentieth century. She is regarded by many as the creator of the discipline of international political economy (IPE) and leaves behind an impressive body of work. States and Markets is one of Strange's seminal texts. Strange Introduces the reader to a unique critical model for understanding the relationship between politics and economics centred on her four-faceted model of power consisting of: security, production, finance and knowledge. Using these terms Strange provides a rigorous analysis of the effects of political authority, including states, on markets and conversely of market forces on states. The Revelations edition includes a new foreword by Ronen Palan.

Author: Strange Susan
Pages: 304
ISBN: 9781474236928
Cover: Paperback
Edition Number: 1
Release Year: 2015

List of Tables and Figures


Prologue: Some Desert Island Tales

Part I: The Study of International Political Economy

1. The Conflict of Values and Theories

2. Power in the World Economy

Part II: Structures of Power in the World Economy

3. The Security Structure

4. The Production Structure

5. The Financial Structure

6. The Knowledge Structure

Part III: Secondary Power Structures

7. Transport Systems: Sea and Air

8. Trade

9. Energy

10. Welfare

Part IV: Pick-Your-Own, or Suit Yourself

11. Questions and Answers




Susan Strange (9 June 1923 – 25 October 1998) was a British scholar of international relations who was "almost single-handedly responsible for creating international political economy". Notable publications include Casino Capitalism (1986), States and Markets (1988), The Retreat of the State (1996), and Mad Money (1998).

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