Neoliberalism: - The most powerful and competing strand of liberalism—
THEORETICALLY SOUND COMPETITION TO NEOREALISM
- Robert Keohane, 1984 “After Hagemony”. Said that cooperation among
states occurs all the time. We mitigate uncertainty with rational thought that
says sometimes is cooperation is better.
- He says the reason they cooperate is because they create institutions that
help them do it.
- Doesn’t accept distribution of power as the source of cause in IR
- Defection is not a normal condition. Cooperation is normal.
- Neoliberalism, structural liberalism, neoliberal institutionalism all the
- INTERNATIONAL INSTITUTIONS MATTER!
- They see nature and durability of institutions as the explanatory variable,
especially in explaining cooperation that results in absolute gains
- No institutions = no cooperation
- Institutions are the independent variable
Important conceptual Neorealism Neoliberalism
actors states actors states
preferences fixes, security seeking pref. – fixed, security
prdering principles are different ordering principles are
distribution of marerial capabilities powerful, ordered
- Both theories are scientific/positivistic
- Primary difference is motivated by logic of absolute vs. relative gains - This logic is well illustrated in the game theoretical matrix of
- PRISONER’s DILEMMA
Institutions MATTER, - They
- 1. Expand time horizons—slow down the flashpoint to overcome