GS101 Lecture Notes - International Trade, Monetarism, Neoconservatism

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Neoliberalism is the ideology about the way in which the world works (particularly a new world order) premised on capitalism, democracy, and human rights. It is rooted in economics, but came about through politics. They also have different social ideas about hoe families should be and how religion should be practiced. They were very interested in the values system. The nation state: emerges from the treaty of westphalia in 1648 and it is the foundation of our modern political system. The nation state is important because it is about control and power (sovereignty) over land (territory). Here are some key ideas that helps us understand how the westphalia model worked: Not as important as the laws within a state. The world consists of sovereign territorial states (no other authority) Laws are made, settled and enforced by and within the nation state. All states are equal before the law. Difference between states is often settled by force.

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