POLS 3250 Chapter Notes - Chapter 3: Economic Nationalism, Robert Keohane, Social Democracy
Document Summary
Directs attention to political security than to economic security. Good starting point for comparison with competing models. Realism is an important perspective about the decline of the us economic hegemony. 2 strains of realism: machiavelli, an italian philosopher and diplomat saw a connection between economics and politics where only befits him to reason about the state over profit and loses. Military strength was more important than wealth in making war. Devoted little attention to economics: thucydides, Attributed war to several economic changes, growth of trade, etc. Wealth is a critical source of military strength. Realists assert that the international system is anarchic. There is no central authority above the state. The need to preserve national sovereignty is important where it has legitimate use of force and. Ir is a self help system where states must look after their own interests external sovereignty free of control of outside authorities. Sub national and transnational actors are in subsidiary positions.