Jurrasic Park

A detailed Summary of Jurrasic Park

In 1993, millions of people around the world read Michael Crichton's 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 biggest gains from a successful Jurassic Park would have gone to the businesses that produced it and their multinational investors. They would have earned far greater profit than if they had devoted the same resources and effort to finding a cure for cancer or a treatment for heart problems. (So maybe it's O.K. that the dinosaurs ate them.)

Michael Crichton's story presents a view of IPE where gains flow from the poor to the rich. This is one of three important perspectives on IPE that we will discuss in upcoming chapters, and it is the right answer to the question cui bono? under many, but not all, circumstances.

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

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Approximate Word count = 810
Approximate Pages = 3 (250 words per page double spaced)

Category: Movies

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