What are the Foundations of International Political Economy?

Here are some initial thoughts I have for a paper I am writing in a class called Politics of the International and Economic Order.

I would like to argue that among political scientists, there is a tendency to personify non-persons, while, at the same time, dehumanizing actual persons. This is an especially common temptation for international relations theorists. Though they are often called “actors”, states, governments, international organizations, agencies, departments, programs, the United Nations, the International Monetary Fund, non-governmental organizations, corporations, etc. do not act. Only human persons act. Action is important because it denotes intellect and will. Only upon recognizing that actions are what human persons (and only human persons) do, can we assign moral responsibility to the persons acting within these larger organizations. Otherwise, individual persons are shielded from responsibility within a bureaucracy and among the masses within a system.

Possible titles include:
Toward a Praxeological Approach to International Political Economy OR,
A Return to International Relations Rooted in Natural Law OR,
A Deconstruction of International Relations

My professor warned me to make sure that it is an International Political Economy paper. The below post is an attempt to understand a bit about the nature and foundations of the sub-discipline.

Dr. James Keeley also advises his students to remember the adage: before you study something, understand it thoroughly. This reminds me of a quotation attributed to Francis Bacon: “A prudent question is one-half of wisdom.” Sir James Steuart references this quotation in his 1767 work An Inquiry into the Principles of Political Economy in which he says:

I have read many authors on the subject of political oeconomy; and I have endeavoured to draw from them all the instruction I could. I have travelled, for many years, through different countries, and have examined them, constantly, with an eye to my own subject. I have attempted to draw information from every one with whom I have been acquainted: this, however, I found to be very difficult until I had attained to some previous knowledge of my subject. Such difficulties confirmed to me the justness of Lord Bacon’s remark, that he who can draw information by forming proper questions, must be already possessed of half the science.

In his preface to the Inquiry, Steuart discusses the “complicated interests of society”, the habit of running into “systems [that] are mere conceits”, and the imperfection of language insofar as “the signs of our ideas take the place of the images which they were intended to represent.” It is with these prefatory comments that Steuart anticipates, at the outset, the underlying problems that continue to exist for any person endeavoring to give an account of political economy, whether of the domestic or international variety.

Before analyzing the meaning of “international”, it is worthwhile to first consider the meanings of the terms “politics” and “economics.” The etymologies of these words reveal the oxymoronic quality of such phrases as “International Political Economy” and “International Relations”. Politics is derived from the Greek word politika which Aristotle used to denote “the affairs of the polis[1]“. Economics is derived from the Greek word oikonomia which refers to that which is “practised in the management of a household or family.”[2] Xenophon wrote a treatise titled “Oeconomicus”, or “The Economistin which Socrates and Critobulus dialogue on the science of the household. And so, the origins of the terms politics and economics seem to involve accounts from the perspective of the soul [or the individual] as the city writ small rather than from the perspective of the city as the soul [or individual] writ large.[3]

The preposition ‘inter’ meaning ‘between’ or ‘among’, is derived from Latin and appears in such Latin phrases as: “inter alios, amongst others, other persons”; “inter nos, between ourselves”; “inter partes (Law), of an action: relevant only to the two parties in a particular case”; inter se, between or among themselves”; and “inter vivos, between living persons”.[4] The noun ‘nation’ shares a root with nāscī, meaning to be born and “nation” came into origin in order to describe ‘a people united by common language and culture’, and ‘family, lineage’.[5] Both ‘inter’ and ‘nation’ are etymologically rooted in defining the nature of local phenomena, that is, persons, families, and communities.

From appeals to justice in Thucydides’ History of the Pelopponesian War, to arguments for legitimacy in Shakespeare’s The Life of Henry the Fifth, to the rules outlined in the Geneva Conventions, international relations in its current expression should be understood within the order of history. Providing context serves elucidate that, though a relatively new sub-discipline within political science, international relations is not actually new. Persons perpetually debate about power, authority, legitimacy, duty, stewardship, human dignity, law, nature, and morality.

In the sixteenth and seventeenth centuries, the Iberian scholastics now referred to as ‘the School of Salamanca’ were foundational in laying the intellectual groundwork for contemporary international law and international relations. According to Alves and Moreira:

The origins of (what we now call) international law go back to the Roman law concept of ius gentium [law of nations], a set of principles and rules that are derived from natural reason (and not from national legislators), and are common to all peoples, and apply equally to all mankind. […] Vitoria, Soto, Molina, and Suarez all agreed that the ius gentium was common to all mankind and that it could be recognized by reason even though it was not created through the will of an assembly or human legislator.[6]

In order to rescue international relations from its capture by Machiavellians[7] and men of system[8], political scientists should rekindle the relationship of international relations to international law and the relationship of international law to natural law. A return to understanding international relations as one aspect that is but an extension of natural law would lead to a restoration of moral judgment in this domain of politics. Where moral judgment is the primary aim, individual persons, their acts, and their motives will be returned to the centre of the study of politics. A personalist approach is preferable to a systematic, institutional, statist, or any other approach based upon abstractions. Theorists’ use of abstractions, often involving calling non-persons “actors”, leads to a deflection of responsibility. The problem is that you and I are not sure where to direct our moral judgment… either praise or blame.

As Steuart says: “Man we find acting uniformly in all age, in all countries, and in all climates, from the principles of self-interest, expediency, duty, or passion. In this he is alike, in nothing else.”[9] It is through studying the human person and by offering a humble effort at striking at some truth of human nature and the human condition that international political economy can be helpful to understanding what is local. Claiming to account for the mystery of what is macro is most often a conceit of knowledge and the impetuous for planners to lead communities into “the highest degree of disorder.”[10]

Please leave comments and recommended reading for me in the comments section below.

[1] Polis. Greek “city state” with a certain population and connected to the concept of citizenship based on birthplace.

[2] Oxford English Dictionary.

[3] With reference to Plato’s discussion in The Republic.

[4] Inter, preposition, OED. “inter, prep.”. OED Online. December 2012. Oxford University Press.

[5] “nation, n.1”. OED Online. December 2012. Oxford University Press.

[6] Major Conservative and Libertarian Thinkers. The Salamanca School. Andre Alves and Jose Moreira, 59.

[7] Steuart discusses the Machiavellian tendency to “approv[e] the sacrifice of private concerns in favour of a general plan”.

[8] Smith discusses ‘men of system’ who are “so enamoured with the supposed beauty of their own ideal plan of government that they cannot suffer the smallest deviation from any part of it.”

[9] An Inquiry into the Principles of Political Economy by Steuart.

[10] Smith’s warning about the ‘men of system’.


4 thoughts on “What are the Foundations of International Political Economy?

  1. I vote for “Toward a Praxeological Approach to International Political Economy” as it allows the concept of praxeology to bear the burden of realism in the nearly surreal context that you’re writing about.

    • Oops, I’m sorry. Forgot to mention i thought it was brilliant. Really like where this is going. Should highly consider getting it published once ur done. First 4 chapters in Ethics is on Natural Law, with lots o’ footnotes, btw. It’s free online pdf. Maybe also check out Hoppe’s stuff on Argumentation Ethics, depending on how much you want to flesh it out.

  2. Pingback: “The Anonymous Passive” | AmandaAction

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