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The Industrial Peace
Drawing on the writings of Joseph Schumpeter on Imperialism, the project develops a theory of international conflict grounded in a simple mechanism whereby industrialization fosters peace. The hypothesis is that industrialized states are more peaceful because they can gain more by investing at home than by pursuing foreign military conquest. Empirically, the analysis is run through a measure of industrial development, based on the size of a state’s industrial GDP. Result are tested statistically (1960-1999), and challenge both the proponents of the dyadic nature of democratic peace and of the capitalist peace, suggesting that industrialization might have a larger substantive effect than either democracy or capitalism.
A Modern Peace? Schumpeter, the Decline of Conflict, and the Investment–War Trade-Off, by J. Tyson Chatagnier and Emanuele Castelli
The Arc of Modernization: Economic Structure, Materialism, and the Onset of Civil Conflict, by J. Tyson Chatagnier and Emanuele Castelli