[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 Stranges 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.
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Susan Strange has long been one the most innovative scholars working in the broad field of international relations. In this book she once again shows that her reputation for careful analysis and fresh insights is well deserved... a refreshing look at a much studied subject and should be read by every student of international political economy. --International Relations Theory
Students, and many of their teachers, will like the book because it give a vigorous introduction to both the subject matter of IPE and the holistic cast of mind necessary for understanding it. One cannot read the book without having one's horizons broadened... it should occupy and opening slot on reading lists for IPE courses. --International Affairs
Susan Strange (1923-1998) was a leading academic in the field of international relations and international political economy. She is the author of Casino Capitalism (1986) and Mad Money: When Markets Outgrow Governments (1998).
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