2. The Nineteenth-Century Roots of Theoretical Traditions in Global Political Economy

Abstract

This chapter discusses the historical origins and the subsequent intellectual lineage of what many textbooks inform the beginning student are the three core theoretical positions within contemporary Global Political Economy (GPE): realism, liberalism, and Marxism. It first considers the use of textbooks in teaching GPE before analysing the historical relationship between realist GPE and the nineteenth-century nationalist political economy tradition, focusing in particular on the political economy foundations of nineteenth-century economic nationalism. It then examines the link between GPE liberalism and Smithian political economy, taking into account Adam Smith's political and moral critiques of mercantilism as well as his views on self-command. The chapter also assesses GPE Marxism's roots in the nineteenth-century Marxian political economy tradition and concludes by looking at GPE feminism and its relation to the nineteenth-century popularization of classical economics for women.