Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

IPE > Week 3 > Flashcards

Week 3 Flashcards

1
Q

What are ideologies according to Gilpin?

A

Systems of thought and beief by which individuals and groups explain how their social systems operate and what principles it exemplifies

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What provides scientific descriptions of how the world works and normative positions regarding how the world should work?

A

Ideologies

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What theory says that the primacy of the state, national security and military power?

A

Mercantilism

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Which theory says economic resources are necessary for national power?

A

Mercantilism

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Why is industrialisation mandatory in Mercantilism?

A
  1. It creates externalities in the state
  2. Self-sufficiency
  3. Political economy
  4. Basis of military power
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

True or false: Relative gain is more important than mutual gain?

A

True

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

What requires a favourable balance of trade in Mercantilism?

A

National security

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What is a source of conflict in Mercantilism?

A

International trade and interdependence

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

What are the criticisms of Mercantilism?

A
  1. International trade is not a zero-sum game
  2. Pursuit of power and wealth do conflict
  3. Industrial development needs to take account of comparative advantage
  4. No attention to society within the state
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

How does Gilpin define Liberalism?

A

A doctrine and set of principles for organising and managing a market economy in order to achieve maximum efficiency, economic growth and individual welfare

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

What is economic Liberalism?

A

Free markets and a minimal state

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What is political Liberalism?

A

Individual equality and liberty

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Who believes in the concepts of supply, demand and equilibrium and that progress is best measured by GDP per capita?

A

Liberalism

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Who advocates that comparative statistics are the main method of analysis?

A

Liberalism

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

______ will moderate and add stability to IR?

A

Market

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

_______ are required to ensure property rights, arrest market failure and provide public goods?

A

Governments

17
Q

What are the criticisms of Liberalism?

A
  1. Liberalism looks only within itself at neoclassical economies
  2. Separates economy from rest of society
  3. Relative gains
  4. Does not look at distribution
  5. Individuals in markets are not perfectly informed
  6. Doesn’t account for change
18
Q

What are the four essential elements of Marxism?

A
  1. Reality is dynamic and conflictual
  2. Materialist approach to history
  3. Capitalist mode of production is destined to fail
  4. Normative commitment to socialism
19
Q

What are the three economic laws of Marxism?

A
  1. Production capacity exceeds consumers ability to buy
  2. Drive for efficiency will concentrate capital in the hands of the few most efficient
  3. Failing rate of return on capital (profit)
20
Q

What is the process of Marxism?

A
  1. Acquisition of colonies
  2. Pay off the “labour aristocracy”.
  3. Process of uneven development leads to conflict.
  4. Capitalist economies then fight over colonial territories.
  5. Warfare leads labour to its death.
  6. Capitalism fails.
21
Q

What are the criticisms of Marxism?

A
  1. Failure to appreciate the role of political and strategic factors in IR
  2. Earning and spending does affect social structure but not necessarily the determinant of history
  3. Commitment to socialism is unexplained utopianism
  4. Each mode of production exhausts its capacity
22
Q

In Mercantilism, what is the role of the state?

A

To intervene in the economy to allocate resources

23
Q

In Mercantilism, what is the nature of IPE?

A

Anarchic/conflictual

24
Q

In Mercantilism, what is the objective of economic policy?

A

To enhance the power of nation-state in the international system

25
Q

Does Mercantilism value politics over economics?

A

Yes

26
Q

What is the role of the state in Liberalism?

A

Establish and enforce property rights to facilitate market-based exchange

27
Q

What is the role of the state in Marxism?

A

Instrument of capitalist class uses state power to sustain capitalist system

28
Q

What is the nature of IPE in Marxism?

A

Exploitative

29
Q

What is the nature of IPE in Liberalism?

A

Harmonious

30
Q

In Liberalism, what is the objective of economic policy?

A

Enhance aggregate welfare

31
Q

In Marxism, what is the objective of economic policy?

A

Promote an equitable distribution of wealth and income

32
Q

What does Liberalism value more, economics or politics?

A

Economics

33
Q

In Marxism, what is the relationship between economics and politics?

A

Economics give rise to politics

34
Q

What are the criticism of all three theories?

A
  1. All can not be subjected to empirical test.
  2. Problems with an ideology can always be argued against using theory.
  3. Level of analysis is different.
  4. Conclusion must be to take all as tools of analysis and limit belief in any one ideology.
  5. Ideologies are best employed in politics and the pursuit of power through assurance.
  6. All have normative components

IPE (11 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions