Thursday, May 12, 2022

The economic and social consequences of the war on Europe and Italy

By Sergio Cesaratto

With a certain pride I remember having already mentioned for some years, within the framework of my economic courses, political realism in international relations and International Political Economy. I did so in academic contexts in which an uncritical Europeanism based on liberal thinking prevailed (and prevails) according to which the world is divided into good and bad. The book, which I suggested for reading to my students (Sorensen 2005), published in Italian by Bocconi University Press (Egea), had some pages dedicated to the enlargement of NATO to the East, dutifully presenting the opposite thesis. In particular, an important letter addressed in 1997 to President Clinton by 50 eminent personalities opposed to such an enlargement was cited (McGuire 1998). Since those years the signs of growing Western aggression and mounting Russian anger have been evident. I had approached Political Realism at the suggestion of a book in which a profound Italian jurist and philosopher of law, the late Danilo Zolo (see e.g. Zolo 2009) expressed his scepticism about humanitarian wars. My interest as an economist was naturally directed towards the debate in the field of International Political Economy between, on the one hand, liberal and Marxists supporters of cosmopolitanism (albeit for different reasons) and, on the other, supporters of economic nationalism à la Robert Gilpin. A scholar, the latter, of liberal faith, but who did not confuse ideals with crude economic reality. As I find myself teaching International Economics again next year, I will not fail to make students think about these issues.

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