The parallel existence and mutual interaction of "state" and "market" in the modern world create "political economy"; without both state and market t… - Robert Gilpin

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The parallel existence and mutual interaction of "state" and "market" in the modern world create "political economy"; without both state and market there could be no political economy.

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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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