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Shared Responsibility, Shared RiskGovernment, Markets and Social Policy in the Twenty-First Century$
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Jacob Hacker and Ann O'Leary

Print publication date: 2012

Print ISBN-13: 9780199781911

Published to Oxford Scholarship Online: February 2015

DOI: 10.1093/acprof:osobl/9780199781911.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 22 October 2021

“The Arms of Democracy”

“The Arms of Democracy”

Economic Security in the Nation’s Broader National Security Agenda

(p.55) 4 “The Arms of Democracy”
Shared Responsibility, Shared Risk

Mariano-Florentino Cuéllar

Connor Raso

Oxford University Press

This chapter examines the relationship between economic security and the broader national security agenda in the United States. It begins by outlining some of the common features of economic policy and national security, focusing on how politicians balance the domestic regulation of economic risk with the external defense of the nation. It then considers the implications of fiscal constraints for elements of economic security such as health insurance and social security, and for the resources available for national security. The chapter also discusses the effect of social capital on national security, how the concept of state institutional capacity links national security to the management of economic risks, and how economic security affects the long-term viability of a nation-state. Finally, it assesses the implications of the relationship between economic security and national security for modern states and their citizens.

Keywords:   economic security, national security, United States, economic policy, economic risk, external defense, fiscal constraints, social capital, institutional capacity, nation-state

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