The Capitalist Peace
2007/01/01 by Erik Gartzke · 6 citations
Social Sciences · #Political Conflict and Governance #Politics and Conflicts in Afghanistan, Pakistan, and Middle East #International Relations and Foreign Policy #Contrarian #Democracy #Political economy #Political science #Politics #Economic system #Development economics #Economics #Law
paper · doi:10.1111/j.1540-5907.2007.00244.x
openalex publication_date 2007/01/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/29
Abstract
It is widely accepted that democracies are less conflict prone, if only with other democracies. Debate persists, however, about the causes underlying liberal peace. This article offers a contrarian account based on liberal political economy. Economic development, free markets, and similar interstate interests all anticipate a lessening of militarized disputes or wars. This “capitalist peace” also accounts for the effect commonly attributed to regime type in standard statistical tests of the democratic peace.
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