What are the similarities and differences between Neoliberal and Neorealist theories? Which, if either, of these theories is most useful in helping us understand global politics today?
Ans.
Neoliberal and Neorealist theories are important political theories that are being used for International trade and promotion related activities. Neoliberal theories mainly takes into account that people should be liberal and should go into international trade and promotional related activities for the same. Thus as per Timothy(2010) Neoliberal theory takes into account all those factors which are associated with International people being taken into domestic territory. Neoliberal theory can be said to be akind of that theory as well. Neoliberal theory mainly takes into account all the factors which are being associated with economics andunderstanding the cross cultural trends and environment for the same.
The main similarity between both of them is that both have the same kind of International touch for themselves. Both are being used for the same kind of ground and are being used well in the field of International politics. One has to say that both are very much instrumental in upbringing of the global projects and there are a lot more that can be raised in this timeframe. As per Robert(2003), global politics can be understood well with the help of both these policies and theories. We have to take into account the book value of all these theories andthen only would their be atrue picture for us on the same. Neoliberal theory is mainly being used by the politicians to go in depth for the major developments of trade and commerce that is happening in other countries. For example, if there is some problem in terms of cultural norms like that is happing in the middle east countries we caneasily go in with this kind of theory.
This kind of theory would mainly help us to know that what is the main source for the dispute and how can all these disputes be sorted out. In short, in this theory we are able to have agrip over the problem and what all repercussions can one have when they take up this problem.
Thus world leaderswould be able to access the state of situation and thus take an appropriate stand on the same. As per Wang Hui(1989), they would mainly help in guiding the ship to the right directionandthus would prevent any sort of damages that are happening are is going to happing in the due course of time. Neorealist theory on the other hand is a functional force of human nature to figure out what is the source of problem. As per Mr. Kenneth(1979), we have to understand that what is the state of mind of a single persona and then only would we be able to get to know the main repercussion of how is his community going to handle the case. Let us understand it with the help of an example. The attacks which constantly happened in Nigeria are common to all of us. Some people are known to be criminals andthey tend to do all these things in order to distort the law andorder in the country. Such is the thing that the image of the country has also been affected by such stories now. People are now afraid to go their and that is what known as the best fit for neoliberal theory. Neoliberal theory mainly takes into account the forces of private sector into account andthat would be the best known fit for it but on the other hand neoliberal theory would mainly take into account the other factors lien the cost andthe other human touch that is being associated with them.
Thus as per Raymond(2009), we have to understand as to which theory would be the best fit for the same. The best fit can be all those theories that are going in the minds of the people. People should be convinced to what is going to happen is true to nature andtheir are a lot of things that would be happening in the due course of time.Hence it is very important for all of us to take anote of it and make it in the bets format. We have to ensure that these theories are being followed in the best of the best interests. These theories are mainly helpful for us so that we are able to get the best results out of it. With the help of these theories only we would be able to express the true picture of domestic andinternational politic which is going around in the economy andthe country. Hence to declare that these theories are very crucial for us would be the best known advantage for all of us. By understanding these theories we are able to get to know the international standards and the way they are behaving taking into consideration the economics of those countries. We can take the example of Thailand where the democratic candidateMs. Loo has been contesting for some time now. She was being put in house arrest for the last ten years andnow she has been contesting for the pools andthe main reason is that people are now shifting their focus from being a monarch to democracy. Thisis the kind of move that is being anticipated by the people andthey would be respecting it to the bets of knowledge. These theories thus help us to understand the stands that are going around in the International markets and thus help us to take a standon our own domesticmarkets.
They would feel that there is good ethical practices that is being followed din the company and all their doubts would be removed in quick span of time. Thus it is important for us to understand the importance of both the theories andits significance in the due course of time. We would also like to stress on the fact that without proper audits the company would not be able to understand asto which would be the best fit for them.
We have to understand that global politics is not a child’s play. There are a lot of intrinsic things that are being involved andall these things have agreat common link that is present their. We haveto understand that common phenomena so that we are able to have good look over the situation and comment something new and innovative on it. We haveto make sure that there are standards that are being set up as that people and governmental bodies are able to take anote of it and do it in the best possible way andmanner. We also have to make sure that these standards are the guide marks of the success factors andtheir are neoliberal theories that are being invited upon it for the same. Both these theories are beneficial for the human kind andit would be good if we people follow it in the bets interest so that there is long term benefit and coordination that happens in International politics.
Refernces.
Brown, Wendy. “Neoloberalism and the End of Liberal Democracy” (2005)
Ferris, Timothy. The Science of Liberty (2010).
Larner, Wendy. “Neo-liberalism: policy, ideology, governmentality (2000)
Pollin, Robert (2003). Contours of Descent: U.S. Economic Fractures and the Landscape of Global Austerity. New York.
Wang, Hui, and Karl, Rebecca E. “1989.
Waltz, Kenneth Neal (1979). Theory of International Politics.
Mearsheimer, John J. (2001). The Tragedy of Great Power Politics.
Heydarian Pashakhanlou, Arash (2009). Comparing and Contrasting Classical Realism and Neorealism: A Re-examination of Hans Morgenthau’s and Kenneth Waltz’s Theories of International Relations. e-International Relations.
Plant, Raymond (2009). The Neo-liberal State.
Prasad, Monica. The Politics of Free Markets(2006)
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