Topic: Liberalism has become the dominant approach to international political economy since the end of the Cold War. Discuss the evidence that proves this dominance and also discuss the positives and the negatives of the liberalist orientation of the global economy. The discussion below is going to elaborate on the dominance of the Liberal in the international political economy (IPE) by expanding on the liberal approach, IPE and its elements, Liberal IPE perspective, the Cold War, positives and criticisms of the Liberal approach Liberalism Liberalism began around World War II; it is a creation of the collapse of feudalism and evolution of a market place. (Heywood 2007). Liberals are optimistic about human nature because human beings are…
Figure 4: The Historical Processes of Competing Interests in International Relations Source: Social Forces, States and World Orders (Cox, 1981: 138). Figure four indicates that social forces, forms of state and world orders are interdependent in the completing interests in international relations. Social forces form the base of the ABSM, and the ideologies are essential to the deliberation process in democratic practises. The form of state represents the political institutions and material…
Fall 2016 IPED 202 Final Exam Questions Which of the three findings in the article do you find most troubling about our economy and society? Please list and explain each briefly. (20 points) Unemployment rate increased highly so that people had hard time to find jobs. In the article, the annual survey depicts, "Unemployment skyrocketed to 10 percent and the jobless rate is still a stubbornly high 9.6 percent." Therefore, people hard to earn money if people do not have jobs. As the unemployment…
Neoliberalism is a political economic theory, which can be referenced by discerned modalities and perspectives of understanding and subsequent application. Harvey (2005) asserts that neoliberalism is a class-based mechanism that places power in the hands of the ‘’economic elite’’. This is consistently supported by scholarly articles on neoliberalism, that elucidate findings that, the rich are the beneficiaries whilst the poor suffer the consequence of limited agency (Ganti 2014, Ferguson…
literature on economy and management sciences as well as some critical theory perspectives lack of a comprehensive grasp of this phenomenon. On the one hand, the managerial sciences have focused on a business and stakeholder-centered perspective (Porter and Kramer 2006, 2011) that tends to misrepresent the social and political implications of such a social purpose of business. On the other hand, some critical perspectives (Jones, 1996) articulate the analyses upon commodification dynamics and…
by the agricultural success of California, specifically in regards to the extensive monocultures. The hundreds of acres of orange trees imply a rate of reproduction that is much more rapid and extensive than his “arithmetical ratio” expectations. In regards to chemurgy, Malthus might analyze to what extent fertilizers and pesticides increase the rate of reproduction and adjust his ratio using that information. He also might readjust his “geometrical ratio” accounting for the new health issues…
earliest writings on political thought, political society’s effects on an individual 's life has been discussed. Political theorists differ in their ideas of individuals positions in society; theorist Hobbes believes that the rights of individuals are subservient to the rights of a monarch, as a opposed to the more democratic writings of Locke which focus on individual rights. Regardless, the idea of why societies have been formed has been discussed frequently. In later writings, a new trend is…
Adam Smith 1. Known as founder of Classical economics, regarded as starting point of classical economics. 2. Described as Father of Political economics 3. He most noted for his work ‘An Enquiry into the Nature and Causes of the Wealth of the Nations’ (1776). 4. He is first economist to deal economic problem in systemic manner , hence heis also known as first academic economist. 5. Smith gives the idea “labour is the source of wealth of the nations”, 6. Adam Smith propounded the labour theory of…
a long line of Rabbi in Germany, Marx had every idea what it was to be on the outside looking in. However, Marx had the opportunity to do something that most do not, trade in his stigma, his Jewish heritage, in order to maintain and grow his legal practice. Relinquishing his stigma did not however remove the awareness that Marx had in regard to the construct of society and classes. This awareness spurned a series of political, social, and, perceived, radical ideals and theories that made him an…
want to get beyond the political, social and economic systems, first they need to overcome the complications from the capitalism and then reach to the goal of being new capitalist in the future. Accelerationism has to build up the new technologies for better future to reach to the extreme point where the capitalism explodes and falls apart. Anyone in the world can be an accelerationist because the accelerationism is considering as a political strategy that has to deal with the fact whether one…