EQ1 Flashcards

1
Q

Define superpower

A

A nation with the means to project its power and influence anywhere in the world, and to be a dominant global force. Requires huge resource demand so it is rare.

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2
Q

What are the forms of power and examples?

A

Military - nuclear weapons, satellite and spy tech.
Economic - buy resources & influence trade patterns
Cultural - project a way of life, behaviour and thoughts
Geographical - physical or cultural presence

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3
Q

Which power is the most important?

A

Economic as it it required to maintain all the other forms.

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4
Q

What are the 3 societal systems and give examples

A

Imperialist - British empire/British culture, economy and politics dominating subordinate colonies and democracy only existed in Britain.
Capitalist - USA, division between profitable businesses and those who work for them
Communist - USSR, Karl Marx developed theory means of production should be owned in common to create more equal society, state owned all businesses and property, not a democracy

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5
Q

What is different about USA being a capitalist?

A

They are a democratic one.

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6
Q

Why are the USA a strong superpower?

A
  • World’s most powerful military machine which can operate anywhere which no other power can do
  • Economically dominant (most of largest TNCs, world trade, dollar is reserve currency and more dollars abroad than in USA)
  • US consumer culture dominance allows hegemony
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7
Q

What is cultural hegemony and give examples.

A

Theory developed by Antanio Gramsci (Italian Marxist philosopher)
Power is maintained largely by consent without need to directly force it as values are just accepted by people
(e.g. education, religion, media values)

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8
Q

What are some examples of power changing?

A
  • USA are being threatened by Asia with their rapid economic growth and population centre
  • History shows superpowers don’t last forever and seasonally/cyclically change
  • Collapse of Communism as cultural and economic USSR hegemony disintegrated overnight
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9
Q

Who are the emerging superpowers?

A

EU
BRICs
Middle East rich oil nations

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10
Q

What do emerging superpowers require?

A
Strong economic growth
Large pop.
Key resource access
Market economies
Regional power & influence
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11
Q

Why is the USA becoming a weaker superpower?

A

Vulnerability to terrorist attacks as not invincible anymore
Economic problems at home (2008 financial crisis)
Ill conceived foreign policy actions and undermined international authority (Iraq War, Guantanamo Bay terrorist suspect detention)
Increased dependence on foreign oil and gas imports so less economic bargaining power

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12
Q

Why is China becoming more influential?

A

-Showcase of Chinese culture, integrity and technical skill through the Beijing Olympics
Chinese companies are becoming world players
Having an increasingly important role in fighting against global warming as they are the biggest CO2 emitters
Tech. is advancing rapidly

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13
Q

What change has there been since WW2?

A

BRICs and EU emergence
Decline in colonial superpower in the UK
Struggle for global superiority between USA & USSR

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14
Q

Who developed the Modernisation theory and when?

A

1960, W.W Rostow

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15
Q

What are the key principles of the Modernisation theory?

A

Strong beliefs of free trade, Western democracy & capitalism
Communist USSR, Cuba and China could not develop if they didn’t adopt the model
Influential as you develop by investing in infrastructure and industries to create preconditions for take off like the Asian tigers did
The first nations to experience the Industrial Revolution (USA & Britain) had initial advantage

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16
Q

What are the 5 stages of economic development that developed economies move through?

A

1) Traditional society
2) Preconditions for take off
3) Take off
4) Drive to maturity
5) High mass consumption

17
Q

Who developed the Dependency theory?

A

A.G Frank

18
Q

What are the key principles of the Dependency theory?

A
Capitalist core vs. periphery
'Development of underdevelopment' 
Developing make the developed even wealthier
Static theory
Marxist ideas of rich vs. poor
19
Q

What regulates/affects the dependency theory?

A

Developed sell resources to developing for v. little
The core deliberately keeps periphery underdeveloped by resource exploitation, taking most skilled workers and selling manufactured goods
RUM from periphery prevents it from becoming too restless

20
Q

Who developed the World Systems Theory?

A

Wallerstein

21
Q

What are the key principles of the World Systems Theory?

A

Attempts to overcome core vs. periphery problem
Analysis of geographical patterns
Dynamic model allowing change
Countries enter a semi-periphery and can emerge to be part of the core

22
Q

What are some examples of the World Systems Theory?

A

Rise of India and China being another stage in growth of the global economy
Current shift is back to older world order with Britain and Europe being first NICs

23
Q

What public event was the the collapse of Communism pivoted around?

A

The fall of the Berlin Wall in 1989 as it symbolised the political separation of the Cold War superpowers.

24
Q

What is a regional power?

A

A state that has power within a geographical region and has a geographical sphere of influence.

25
Q

What are Kondratieff Cycles?

A

Natural cyclic periods of a country’s growth and decline

26
Q

What are the stages of a Kondratieff cycle?

A

1) Prosperity/Spring (expansion and growth/wealth/innovation/society division/changes)
2) Recession/Summer (stagflation and recession)
3) Depression/Autumn (Change in pop. mood/stability in public spending/excess of war)
4) Improvement/Winter (severe depression, tackle social divides, investment in public sector projects)

27
Q

What are example of new innovation propensities?

A
1800 - steam engine and cotton
1850 - railway and steel
1900 - electrical engineering
1950 - automobiles and petrochemicals
1990 - IT
28
Q

How often does a world capitalist economy go through a cycle of economic growth and depression?

A

Every 50-60 years

29
Q

What happens in a recession?

A

Decreased spending, slowed investment and borrowing, increased unemployment, tension and conflict BUT less inequality