A brief introduction to liberalism, mercantilism, and the rise of the contemporary global political economy. Check out the other videos in my political economy series at • International Politica... .
Пікірлер: 32
@washing.machine Жыл бұрын
As a student of IR, I find this video really great. Thanks for sharing it. I hope you expand the playlist, adding more topics that come under IPE.
@NoahZerbe Жыл бұрын
Thank you! I'm glad you found it helpful. I'm working on more videos on IPE and other topics, so stay tuned!
@MikeGilroyMusic2 жыл бұрын
This is great Noah. Simple and understandable. Thank you.
@saadbinshariq97893 жыл бұрын
You are so cool, man. Hats off to you.
@muhilasuresh3 жыл бұрын
Thanks for this video 🙏🏻 Very helpful
@shagufafarook27233 жыл бұрын
Thank you so much Sir..You are a great teachers..Blessed to have received knowledge from you
@ottootto7333 жыл бұрын
Thank you! Best of luck in your studies!
@hussainashraf5179 Жыл бұрын
Father of modern economic theory was ibn khaldun not adam smith.:)
@tsholotheophillus28853 ай бұрын
Modern means recent times. Khaldun lived around 1300s and Smith around 1700s Khaldun has no writing expression the bitting issue of today but Adam Smith does . Wealth of Nations has influenced economies even after the WWII
@catcherbloc1 Жыл бұрын
The best KZbin video on IPE.
@NoahZerbe Жыл бұрын
Thank you! And thanks for watching!
@luckyea729 күн бұрын
Economic liberalism is an ideology that is an integral part of conservative social thought about minimal government intervention in the economy of a nation and about complete freedom for individuals in the economy. In history, countries had the highest rates of GDP growth and living standards in those times when the state intervened in the economy, supported domestic producers, subsidized them and provided them with preferential loans. Examples, Russia (period 1929-1955), China, South Korea. Data for countries around the world whose economies grew at double-digit (almost double-digit) rates for more than 20 years in the 20th century are given below: 1. 13.8% - Russia - average annual growth for 22 years (1929-1955). 2. 11.5% - Taiwan - average annual growth for 27 years (1947-1973). 3. 10.4% - China - average annual growth for 25 years (1983-2007). 4. 10.2% - South Korea - average annual growth for 23 years (1966-1988). 5. 9.7% - Japan - average annual growth for 23 years (1948-1970). 6. 9.2% - Singapore - average annual growth for 24 years (1966-1989). Thus, in the twentieth century, the world's largest national economic growth for more than 20 years was achieved in Russia in 1929-1955 (minus four war years). During this period, real wages grew 4 times, citizens’ deposits in savings banks grew 5 times, and the economy grew 14 times. And: - First place in the world in terms of the share of mechanical engineering in the total volume of industrial production. - Complete technical and economic independence of the state has been ensured. - First place in the world in terms of agricultural mechanization. - First place in Europe and second in the world in terms of absolute industry size. - First place in Europe and second in the world in terms of labor productivity in industry. - The latest industries and advanced technologies: nuclear, space, rocketry, aircraft manufacturing, instrument making, radio engineering, electronics, electrical engineering and others. And sanctions did not prevent such economic growth in Russia.
@sousehun76092 жыл бұрын
Thank you very much for doing this series! What would you say the best theoretical approach to discuss about the repercussions of 2008 Global Financial Crisis?
@sousehun76092 жыл бұрын
@@NoahZerbe Thank you for your answer. Much appreciated.
@sousehun76092 жыл бұрын
@@NoahZerbe Thanks for your reply :)
@ismailali5064 Жыл бұрын
It is very helpful video,, thanks very much.
@NoahZerbe Жыл бұрын
Glad it was helpful! Thanks for watching.
@fatmanurozturk852 жыл бұрын
Allah razı olsun hocam
@barnabasorango60542 жыл бұрын
Thank you
@NoahZerbe2 жыл бұрын
Thanks for watching!
@calin63273 ай бұрын
Incredible
@bigj18952 жыл бұрын
what about radicalism?
@NoahZerbe2 жыл бұрын
Thanks for the suggestion. I have a video on Marxist approaches to IR (kzbin.info/www/bejne/pGnTg5hmoJlppNE) but I'll see if I can work on one that specifically addresses critical political economy.
@Georgios18212 жыл бұрын
What is State Capitalism?
@NoahZerbe2 жыл бұрын
State capitalism is essentially the idea that an economy operates under the profit motive (a normal feature of capitalism), but that the state owns much or all of industry. In other words, its an economy composed of state-owned companies. The Soviet Union was often described as a state capitalism system, as was China under Mao. Hope that helps. Good luck in your studies!
@Georgios18212 жыл бұрын
@@NoahZerbe Thank you very much. Although I am not studying anything I a was just curious.
@NoahZerbe2 жыл бұрын
@@Georgios1821 No worries. Thanks for watching!
@catcherbloc1 Жыл бұрын
@@NoahZerbe this would be the case in Venezuela then.
@theburden99208 ай бұрын
@@NoahZerbeso basically public ownership as the means of production?