POLB80H3 Lecture Notes - Lecture 4: Security Dilemma, Defensive Realism, Rational Agent
Document Summary
Realism envisions a world characterized by conflict and clashing political communities based on human nature, weather fear, honor and interest. Liberalism builds on the optimistic variants realism, sees potential for peace and cooperation given proper conditions. It proposes free markets and virtually rule of markets to dictate development of economies. It abolishes government control and interventions to encourage entrepreneurship. It also proposes no price controls, total freedom of movement for capital, goods and services. Neoliberalism is of the view that unregulated markets are the best way to proceed to increase economic growth as it will benefit everyone ultimately. It encourages privatization and deregulation to give wings to international trade and commerce. After ww2 there is an increased move to improved theoretical rigor. One way or another the field is more based on science. Neo prefix is taking political theories and making them appear scientific.
