The Foundation of Peace Economics in the Thought of Kenneth Boulding

Raul Caruso ()

No 1023, Working Papers from European Centre of Peace Science, Integration and Cooperation (CESPIC), Catholic University 'Our Lady of Good Counsel'

Abstract: The topic of this essay is the "triangular theory" of social systems as articulated by Kenneth Boulding. This theory encompasses the role of three systems: exchange, threat, and integrative systems. It can be considered the foundation of peace economics because it comprehensively highlights: (i) the pernicious and costly characteristics of threat systems, particularly their intrinsic instability in the long run; (ii) the detrimental effects of threat systems on economic development; (iii) the key elements of integrative systems; and (iv) the existence of a stable peace as an optimal state that is conceptually distinct from deterrence due to the dominance of integrative systems over both exchange and threat systems.

Keywords: Kenneth Boulding. Peace economics; Conflict; Threat; Love; Integrative systems; Power; Instability (search for similar items in EconPapers)
JEL-codes: B31 D50 D64 D74 (search for similar items in EconPapers)
Pages: 17pages
Date: 2024-02
References: Add references at CitEc
Citations:

Downloads: (external link)
https://repec.unizkm.edu.al/pea/wpaper/WP2024_02_Caruso.pdf First version (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pea:wpaper:1023

Access Statistics for this paper

More papers in Working Papers from European Centre of Peace Science, Integration and Cooperation (CESPIC), Catholic University 'Our Lady of Good Counsel' Contact information at EDIRC.
Bibliographic data for series maintained by Raul Caruso ().