Through exploitation of its influence over global financial affairs, the United States has been able to cover the costs of its hegemonic position, pr… - Robert Gilpin

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Through exploitation of its influence over global financial affairs, the United States has been able to cover the costs of its hegemonic position, preserve a false domestic prosperity, and mask the consequences of its relative political and economic decline.

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About Robert Gilpin

Robert Gilpin (July 2, 1930 – June 20, 2018) was an American economist, and Professor Emeritus of Politics and International Affairs at the at , known for his contribution in the field of political economy and international relations, especially the effect of multinational corporations on state autonomy.

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[In] the definition of international system... There is some "form of control" that regulates behavior and may range from informal rules of the system to formal institutions. ...A view prevalent among many scholars of political science is that the essence of international relations is precisely the absence of control... a condition of anarchy...

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Both the control of territory and the political domination of one state over another have profound consequences for international economic relations. However... market power or economic power has itself become a principal means by which states seek to organize and manipulate the international division of labor to their own advantage.

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