In this paper, Stephen Krasner expands on neoliberal institutionalism views towards global economics. Krasner defines two controlling variables for an economic system – state preferences and system structures. State preferences include aggregate income, social stability, political power, and economic growth. All four of these portions of state preferences relate the openness of a state to the respective aspect. For my argument, I will focus mostly on aggregate income and how it benefits the member states. System structures fall into three categories – balanced multipolar, unbalanced multipolar. In the following examples of the three structures I will refer to five different states; State A, B, C, D, and E. In a balanced multipolar, each state
