Structuralism argues that a liberal capitalist world economy tends to preserve or actually increase inequalities between developed and less developed economies.

The historical record suggests that the transition to to a new hegemon has always been attended by what I have elsewhere called hegemonic war.

These two opposed forms of social organization, the modern state and the market, have evolved together through recent centuries, and their mutual interactions have become increasingly crucial to the character and dynamics of international relations in our world.

The parallel existence and mutual interaction of "state" and "market" in the modern world create "political economy"; without both state and market there could be no political economy.

The world economy diffuses rather than concentrates wealth.

Many critics see international trade as a form of cultural imperialism that must be strictly controlled.

The opposing tendencies of concentration and spread are of little consequence in the liberal model of political economy.