Capitalist peace has effect world peace
The capitalist peace, or capitalist peace theory, or commercial peace, posits that market openness contributes to more peaceful behavior among states, and that developed market-oriented economies are less likely to engage in conflict with one another. Along with the democratic peace theory and institutionalist arguments for peace, the commercial peace forms part of the Kantian tripod for peace. Prominent mechanisms for the commercial peace revolve around how capitalism, trade interdependence, and capital interdependence raise the costs of warfare, incentivize groups to lobby against war, make it harder for leaders to go to war, and reduce the economic benefits of conquest.Scholars have debated the empirical and theoretical validity of the commercial peace thesis, as well as the mechanisms behind the theory. According to Erik Gartzke and Jiakun Jack Zhang, the evidence on the relationship between economic interdependence and conflict is inconclusive.History
The philosophical roots of the commercial peace, closely related to the concept of doux commerce, can be traced back to Montesquieu, David Hume, Richard Cobden, Immanuel Kant, Joseph Schumpeter, Norman Angell, and classical economic theory. In his 1795 essay Perpetual Peace, Immanuel Kant argued, among other things, that "the spirit of commerce . . . sooner or later takes hold of every nation, and is incompatible with war." In the early twentieth century Norman Angell reasoned that trade interdependence in modern economies makes war unprofitable. Later, Joseph Schumpeter offered the observation that with the advancement of capitalism people form "an unwarlike disposition." Karl Polanyi argues in The Great Transformation that the emergence of international finance was the main contributor to peace in Europe between the end of the Napoleonic Wars and World War I.
impacts influences affects results in alters