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Word Count: 802
In 1993 millions of people around the world read Michael Crichtons book Jurassic Park or saw the Steven Spielberg movie of the same name Interestingly most of them thought the story was about dinosaurs But Jurassic Park was really all about international political economy The story of Jurassic Park for readers who somehow missed the movie or the media blitz is about a biotechnology firm that discovers how to recover dinosaur DNA from amber-entombed prehistoric blood-sucking insects The company takes over an island off the coast of Costa Rica and creates a theme park filled with real live dinosaurs that have been cloned from the dinosaur DNA Soon however the dinosaurs get out of control and kill nearly everyone except the kids of course and the Costa Rican air force comes to bomb the island back into the Jurassic Age killing all the dinosaurs except maybe Barney and a few other escapees just in case Jurassic Park II is ever produced You can see why people would become confused about this story and mistake it for a tale of dinosaurs It really is about IPE however this is clearer in the book than the movie admittedly It really is about the fundamental tension and dynamic interaction of states and markets on the international level Why did the biotechnology company choose to make dinosaurs instead of more useful items like life-saving drugs The answer made clear in the book is that the prices of high-tech drugs are regulated by the government in an attempt to control medical costs and make the drugs available to a wide group of users This limited the profit potential for bio-tech research in socially useful fields-the conflict between social values and private profit was clear So the firm spent millions creating dinosaurs because dinosaurs and entertainment generally were unregulated The conflict between private profit and social values only appeared as the prehistoric critters began to threaten peoples lives Why was Jurassic
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