Command Economy

This book is the eagerly awaited successor to Robert Gilpin's 1987 "The Political Economy of International Relations, the classic statement of the field of international political economy that continues to command the attention of students, researchers, and policymakers. The world economy and political system have changed dramatically since the 1987 book was published. The end of the Cold War has unleashed new economic and political forces, and new regionalisms have emerged. Computing power is increasingly an impetus to the world economy, and technological developments have changed and are changing almost every aspect of contemporary economic affairs. Gilpin's "Global Political Economy considers each of these developments. Reflecting a lifetime of scholarship, it offers a masterful survey of the approaches that have been used to understand international economic relations and the problems faced in the new economy. Gilpin focuses on the powerful economic, political, and technological forces that have transformed the world. He gives particular attention to economic globalization, its real and alleged implications for economic affairs, and the degree to which its nature, extent, and significance have been exaggerated and misunderstood. Moreover, he demonstrates that national policies and domestic economies remain the most critical determinants of economic affairs. The book also stresses the importance of economic regionalism, multinational corporations, and financial upheavals. Gilpin integrates economic and political analysis in his discussion of "global political economy." He employs the conventional theory of international trade, insights from the theory of industrial organization,and endogenous growth theory. In addition, ideas from political science, history, and other disciplines are employed to enrich understanding of the new international economic order. This wide-ranging book is destined to become a landmark in the field.

Prolific munitions production keyed America's triumph in World War II but so did the complex economic controls needed to sustain that production. Artillery, tanks, planes, ships, trucks, and weaponry of every kind were constantly demanded by the military and readily supplied by American business. While that relationship was remarkably successful in helping the U.S. win the war, it also raised troubling issues about wartime economies that have never been fully resolved. Focusing on the mobilization of national resources for a truly global war, Paul Koistinen analyzes all relevant aspects of the World War II economy from 1940 through 1945, describing the nation's struggle to establish effective control over industrial supply and military demand--and revealing the growing partnership between the corporate community and the armed services. Koistinen traces the evolution of federal agencies mobilizing for war--including the National Defense Advisory Commission, the Office of Production Management, and the Supply Priorities and Allocation Board--and then focuses on the work of the War Production Board from 1942-1945. As the war progressed, the WPB and related agencies oversaw the military's supply and procurement systems; stabilized the economy while financing the war; closely monitored labor relations; and controlled the shipping and rationing of fuel and food. Koistinen reveals how representatives of industry and the armed services expanded upon their growing prewar ties to shape policies for harnessing the economy, and how federal agencies were subsequently riven with dissension as New Deal reformers and anti-New Deal corporate elements battled for control over mobilization itself. As thearmed services emerged as the principal customers of a command economy, the military-industrial nexus consolidated its power and ultimately succeeded in bending the reformers to its will.

Planned economy - A planned economy is an economic system in which decisions about the production, allocation and consumption of goods and services is planned ahead of time, in either a centralized or decentralized fashion. Since most known planned economies rely on plans implemented by the way of command, they have become widely known as command economies.

Post scarcity - A post-scarcity economy is a hypothetical form of economy or society, often explored in science fiction, in which valuable things (material, energy or information) are free or practically free, creating abundance. Market economy and command economy may be unnecessary post-scarcity, though a gift economy may take their place.

Lithium economy - The lithium economy is a concept analogous to the hydrogen economy, methanol economy, ethanol economy, zinc economy, electron economy or liquid nitrogen economy but where the energy vector is lithium instead of hydrogen, methanol or ethanol, zinc or liquid nitrogen.

Electron economy - The electron economy is a concept analogous to the hydrogen economy, methanol economy, ethanol economy, zinc economy, lithium economy or liquid nitrogen economy but where the energy vector is electricity instead of hydrogen, methanol etc.

commandeconomy

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