POLI 244 Lecture Notes - Hegemonic Stability Theory, Hegemony, Economic Liberalism
20 Dec 2012
School
Department
Course
Professor
Document Summary
Realist conception of trade, and how basically there is an analogy between prisoner"s dilemmas. There are a couple issues here: relative gains ultimately cause that money is . There is no guarantee that states will stay true. Especially regarding those areas of industries that are tied to security. Liberalism takes on all of this: they acknowledge importance of security dilemma. They look at trade as a variable sum game. States compete between how big the piece you"re going to get is going to be. We have the opportunity to make many pies; we"re not constrained by the limit. The obsession with the size of the piece it misses the point. The issue is not relative gains (biggest piece), there will more opportunities for you. We need to approach cooperation with a zero-sum attitude. Realists have the idea that his might be the case but they revert back to the idea that my benefit reverts back to your expense.
