Long Waves of Growth, Hegemonic Power, and Climate Change

Phillip Anthony O’Hara
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Phillip Anthony O’Hara: Global Political Economy Research Unit (GPERU)

Chapter Chapter 1 in Long Waves of Growth, Hegemonic Power, and Climate Change in the World Economy, 2025, pp 1-50 from Springer

Abstract: Abstract This chapter outlines the main theory and empirics of this book and summarizes the contents of the chapters. I commence with an overview of the Standard Model of Long Waves, as developed by Kondratieff, Schumpeter, and most schools of long wave analysis. I also mention areas where some protagonists and schools differ from the standard model and from each other. I then introduce an alternative to the standard model, including (a) the principles of political economy (PoPE) contingency paradigm for analyzing long waves (and other world problems and issues) and (b) the new long wave method (NLWM), which enables the analysis to deviate significantly from the standard model. Then I outline how the PoPE contingency paradigm and NLWM, respectively, interpret long waves from the past to the present and potentially into the future, including the Dutch, British, US, and Chinese cases. Then I summarize each of the chapters and provide a conclusion.

Keywords: Long waves; Innovation; Standard model; PoPE contingency paradigm; New long wave method; Economic growth; Hegemonic power; Climate change; Netherlands; Britain; USA and China; Structural polycrises; Principles (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-96-4132-1_1

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DOI: 10.1007/978-981-96-4132-1_1

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