Neoliberalism Flashcards
Definition
‘Variant of liberal IR theory that focuses on the role international institutions play in obtaining collective outcomes’
(Sterling, Folker 2010)
How does the system work?
‘Anarchy, instead of being an unchanging condition, becomes a vacuum that is gradually being filled with human processes, which can mitigate the core drive for power ‘
(Sterling, Folker 2010)
What does human processes do?
Break down the barrier between domestic and international creating a system of complex interdependence
What does neoliberalism lack ?
Explanatory power, it is epistemologically weak as demonstrate the empirical world as it is
When did it emerge?
60’s and 70’s in response to traditional realist assumptions of state centric power
What are states motivated by?
Rational self interest in order to obtain mutual gains through economic interdependence