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The Capitalist Peace

Erik Gartzke

American Journal of Political Science, 2007, vol. 51, issue 1, 166-191

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.

Date: 2007
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https://doi.org/10.1111/j.1540-5907.2007.00244.x

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