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Old Ideas for New Times: Radical History in International Political Economy

In: Perspectives on Global Development and Technology
Author:
Gregory P. Williams University of Northern Colorado

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Abstract

This article suggests that the field of international political economy (IPE) would benefit from greater engagement with radicalism. Radical political economy (RPE) continues to be a relevant counterweight to moderate forms of IPE. Radicalism is portrayed in this work as a vision of history, distinct from static and evolutionary interpretations of the past. And, like their moderate counterparts, radicals are divided as to what will happen in the twenty-first century. Some scholars believe that the capitalist nation-state system will stabilize, while others predict it will transform into some type of post-capitalist and post-national system. By pairing visions of history with expectations for the future, this article offers a typology of six distinct world-historical opinions. It concludes that radicals offer an important alternative perspective to the writings of moderates and yet, in being split about the future, are remarkably similar to others wrestling with questions of transformation.

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