Publication:
The nexus of market society, liberal preferences, and democratic peace: interdisciplinary theory and evidence

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Publication Date

2003

Language

English

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Conference proceeding

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Abstract

Drawing on literature from Anthropology, Economics, Political Science and Sociology, an interdisciplinary theory is presented that links the rise of contractual forms of exchange within a society with the proliferation of liberal values, democratic legitimacy, and peace among democratic nations. The theory accommodates old facts and yields a large number of new and testable ones, including the fact that the peace among democracies is limited to market-oriented states, and that market democracies-but not the other democracies-perceive common interests. Previous research confirms the first hypothesis; examination herein of UN roll call votes confirms the latter: the market democracies agree on global issues. The theory and evidence demonstrate that (a) the peace among democratic states may be a function of common interests derived from common economic structure; (b) all of the empirical research into the democratic peace is underspecified, as no study has considered an interaction of democracy with economic structure; (C) interests can be treated endogenously in social research; and (d) several of the premier puzzles in global politics are causally related-including the peace among democracies and the association of democratic stability and liberal political culture with market-oriented economic development.

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Source:

International Studies Quarterly

Publisher:

Oxford Univ Press

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Subject

International relations, Political science

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