POWER CYCLE THEORY IN INTERNATIONAL RELATIONS, MANAGEMENT, AND FINANCE: ABSOLUTE CHANGE AND THE NON-LINEARITIES OF COMPETITION
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Date
2003-11-07
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Publisher
Ohio State University. Mershon Center for International Security Studies
Abstract
What matters in the structural dynamics of any political or economic system is
the contradiction between absolute and relative trends. The “single dynamic”
of power and role, of state and system (or firm and industry), encodes the
“perspective of statecraft” (of strategic planning and implementation) in the
trends and shifting trends of relative share. These “tides of history” shift
counter-intuitively, creating enormous uncertainty, inverting future
expectations about role and security (the trend of future profits), disrupting
the normal stability of statecraft. These critical points (structural shifts) on
the power cycle are causally related to alliance behavior and to the most
massive wars in history. Complementarity and competitiveness lead to
productive interaction and to the evolution of industry or international system.
Description
The University Archives has determined that this item is of continuing value to OSU's history.
Keywords
managment, finance, competition, international relations