Markets in Everything, War Edition

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


MARKETS IN EVERYTHING, WAR EDITION….Dan Drezner bemoans the fact that international relations scholars aren’t allowed to invade other countries to test out their pet theories1, but says we’re about to conduct a natural experiment anyway that might tell us why large scale warfare has become much less common than it used to be:

Liberals will point to the rise of the Kantian triad — democracies, international organizations and economic interdependence. All three of these trends have made war much more costly to leaders than it used to be….Realists offer a different explanation — the rise in nuclear weapons. The logic of nuclear deterrence is inescapable — the prospect of a devastating counterattack is sufficient punishment to prevent a conflict from breaking out in the first place.

….[But] the Kantian triad is about to take a serious beating. The global economic crisis is encouraging beggar-thy-neighbor policies in the form of new tariffs and currency manipulations. The crisis has exposed the powerlessness of international institutions (within a month of the G-20 pledge not to raise new barriers to trade, Russia, India, Brazil and Argentina went back on their word). The longer the recession lasts, the more each major power will turn inward to boost its economic prospects.

Will this lead to more war or not?

Hmmm. I have my doubts that this will really answer the question. What if we continue to have zero wars between nuclear powers (highly likely, I’d say) but an uptick in wars between smaller powers? I think we need a better natural experiment. But sometime long after I’m dead, please.

1But he’s just joking, OK?

A BETTER WAY TO DO THIS?

We have an ambitious $350,000 online fundraising goal this month and we can't afford to come up short. But when a reader recently asked how being a nonprofit makes Mother Jones different from other news organizations, we realized we needed to lay this out better: Because "in absolutely every way" is essentially the answer.

So we tried to explain why your year-end donations are so essential, and we'd like your help refining our pitch about what make Mother Jones valuable and worth reading to you.

We'd also like your support of our journalism with a year-end donation if you can right now—all online gifts will be doubled until we hit our $350,000 goal thanks to an incredibly generous donor's matching gift pledge.

payment methods

A BETTER WAY TO DO THIS?

We have an ambitious $350,000 online fundraising goal this month and we can't afford to come up short. But when a reader recently asked how being a nonprofit makes Mother Jones different from other news organizations, we realized we needed to lay this out better: Because "in absolutely every way" is essentially the answer.

So we tried to explain why your year-end donations are so essential, and we'd like your help refining our pitch about what make Mother Jones valuable and worth reading to you.

We'd also like your support of our journalism with a year-end donation if you can right now—all online gifts will be doubled until we hit our $350,000 goal thanks to an incredibly generous donor's matching gift pledge.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate