POL208Y5 Lecture Notes - Lecture 2: Democratic Peace Theory, Perpetual Peace, Transaction Cost
28 May 2018
School
Department
Course
Professor
Monday, May 14, 2018
POL208
Tutorial- Liberalism !
Realism: """"""Neo-liberal:!
1.Who are the actors? States "Independent states and regimes and int organizations
"!
2.What is the nature? Uncertain about the other states leads to fear Risk averse !
3.What is their context? Anarchy"Still anarchic but it does not lead to conflict !
4.How do they interact? Relative gain- how secure am I from the other states Allow
actors to be certain about the intentions of the other states, they are not fearful- gain
mutually- absolute gain: my gain does not translate to your loss- institutions allows for
that- bargaining: increasing information, creating legal liability framework, Trade and
institutions !
5.What is the image of analysis? Systems level Hierarchy- interaction between the
system- states system Micro Level- privacy of the individual and then the private
group and then the state that is captured by this group !
______________________________________________________________________________!
Liberalism: !
Hegemony- uni-polarity/ hierarchy: 1 actor has gained enough power to subjugate the
rest !
Hegemonic stability theory: predecessor to Neo liberal institutionalism- if in the
system their is a powerful dominating actor and they’re willing and able to control the
world in their own image that alone is necessary and willing is a preq, willingness to
shape themselves and the allies with them- create institutions to look over the ability to
shape the other states - able and wiling to do that !
WW2- predominant power is USA- create Marshall plan, make allies, create the UN,
General Agreement on Trades and Tariffs/World Trade Organizations- not going to
dominate you but you should join us !
Under what conditions can independent countries cooperate… cooperation among
governments is to gain joint gains and its possible because regimes can facilitate this
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Document Summary
Uncertain about the other states leads to fear risk averse. Anarchy still anarchic but it does not lead to con ict. Systems level hierarchy- interaction between the system- states system micro level- privacy of the individual and then the private group and then the state that is captured by this group. Hegemony- uni-polarity/ hierarchy: 1 actor has gained enough power to subjugate the rest. Ww2- predominant power is usa- create marshall plan, make allies, create the un, General agreement on trades and tari s/world trade organizations- not going to dominate you but you should join us. Under what conditions can independent countries cooperate cooperation among governments is to gain joint gains and its possible because regimes can facilitate this. Monday, may 14, 2018 by reducing the functions of three provide information by: reduce transaction cost, construct rule of thumb to create bureaucratic- you become predictable, lose the uncertainty. Produce predictions and certainty will come for question 3.
