ABSTRACT

Capitalism has long been maligned as a cause of war, so when Stuart Bremer undertook what was probably the first systematic look at capitalism and war at the dyadic level he was surprised to find that nations with advanced economies were less likely than others to fight each other (1992:334–336). Most attention to Bremer's article, however, was placed on his observation that democracy was a more powerful force for peace than power preponderance—a result which quickly eclipsed his finding that capitalism was a more powerful force for peace than democracy. After a few more articles confirmed the democratic peace after controlling for development, consideration of development seemed to vanish from conflict studies. This disappearance was reasonable at the time, given the dearth of theory for a capitalist peace.