Theory of the rise and decline of the Great Powers in the 20th century - Doctoral Dissertation - Information

Dissertation title: The Power to Create Wealth: A systems-based theory of the rise and decline of the Great Powers in the 20th century
Political Science, The City University of New York, 2001
Dissertation chapters [All PDF]

What is a Great Power? (Ch 1)
Theories of Rise and Fall (Ch 2)
A critique of neoclassical growth theory (Ch 3)
A theory of systems (Ch 4)
A theory of political systems (Ch 5)
A theory of economic systems: Categories and stages of production (Ch 6)
A theory of economic systems: The production system as a whole (Ch 7)
A theory of economic systems: capital and distribution (Ch 8)
A theory of political economic systems: Defining systems and capabilities (Ch 9)
A theory of political economic systems: Rise and decline (Ch 10)
Conclusion and summary
Global Machinery Production in the 20th Century (Appendix)
Bibliography


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A theory of political economic systems: Rise and decline (Ch 10)

As postulated previously, state and financial elites have tended to hold onto resources that should have gone back into the production system because they seek short-term fulfillment of desires for wealth and power over longer-term rewards.