Main Differences Between Realism And Liberalism Politics Essay

Main Differences Between Realism And Liberalism Politics Essay Thinking about the number of high-stake political issues and the wide variety of aspects in which people have tried to understand these issues and come up with effective ways of resolving them are all packaged in different intellectual traditions and worldviews. This essay approaches the question from fundamental assumptions and theories of international relations built on a distinctive set of arguments put forward by realist and liberalist theories, each trying to understand and get a clear view of international politics. The first part of this essay introduces realism and liberalism as theories of international relations showing the claims made by each theorist in defend of their traditions. The assumptions and implications are shown in the second part. Finally, the conclusion is drawn from the contradictions seen during the arguments. Realism is a paradigm based on the premise that the world is essentially and unchangeably a struggle among self-interested states for power and position under anarchy, with each competing state pursuing its own national interests. Realists believe in state security and as such cannot afford credibility in terms of securing a state to international governing body such as the United Nations. Rather, major powers such as the United States manipulate other states with their military and economic strengths. The game of international politics revolves around the pursuit of power: acquiring it; increasing it; projecting it, and using it to bring others to ones will (Kegley, 2007: p 29). Among the principal prophets of this worldview were E.H Carr, George F. Kennan, Thomas Hobbes, and Niccolo Machiavelli. At the risk of oversimplification, realisms message as summarized by Kegley (2007) is in the form of ten assumptions and related propositions: People are by nature narrowly selfish and ethically flawed and cannot free themselves from the sinful fact that they are driven to watch out for themselves and compete with others for self-advantage. Of all peoples evil ways, none are more prevalent, inexolerable, or dangerous than their instinctive lust for power and their desire to dominate others. The possibility of eradicating the instinct for power is a utopian aspiration. International politics is- as Thomas Hobbes put it a struggle for power, a war of all against all. The primary obligation of every state the goal to which all other national objectives should be surbodinated is to promote national interest and to acquire power for this purpose. The anarchical nature of the international system dictates that states acquire sufficient military capabilities to deter attack by potential enemies and to exercise influence over others. Economics is less relevant to national security than its military might; economic growth is important primarily as a means of acquiring and expanding state power and prestige. Allies might increase a states ability to defend itself, but their loyalty and reliability should not be assumed. States should never entrust the task of self-protection to international security organizations or international law and should resist efforts to regulate international behavior through global governance. If all states seek to maximize power, stability will result by maintaining a balance of power, lubricated by shifts in the formation and decay of opposing alliances that counters each other expansion motive (Kegley, 2007: p 31). Liberalism on the other hand, is a paradigm predicated on the hope that the application of reason and universal ethics to international relations can lead to a more orderly, just, and cooperative world, and that international anarchy and war can be policed by institutional reforms that empower international organizations and laws. At the core of liberalism is an empahsis on the impact ideas have on behavior, equality, dignity and liberty of the individual, and the need to protect people from excessive state regulation. Liberalism views the individual as the seat of moral value and virtue and asserts that human beings should be treated as ends rather than means. It emphasizes ethical principle over the pursuit of power, and institutions over capabilities as forces shaping interstate relations. It defines politics at the international level more as a struggle for consensus rather than a struggle for power and prestige. Pioneers of Liberalism include David Hume, Jean Jacques Rosseau, Im manuel Kant (Kegley, 2007: p 31). Collectively, the post-World War 1 liberalists embraced a worldview that emphasized the power of ideas in controlling global destiny, based on the following beliefs as postulated by Kegley (2007). Human nature is essentially good or altruistic, and people are therefore capable of mutual aid and collaboration through reason and ethically inspired education. The fundamental human concern for others welfare makes progress possible. Sinful or wicked human behavior, such as violence, is the product not of flawed people but of evil institutions that encourage people to act selfishly and to harm others. War and international anarchy are not inevitable and wars frequency can be reduced by strenghtening the institutional arrangements that encourage its disappearance. War is a global problem requiring collective or multilateral, rather than national, efforts to control it. Reforms must be inspired by a compassionate ethical concern for the welfare and security of all people, and this humanitarian motive requires the inclusion of morality in statecraft. International society must recognize itself in order to eliminate the institutions that make war likely, and states must reform their political systems so that democratic governance and civil liberties within states can protect human rights and help pacify relations among states (Kegley, 2007: p 26-27). Even with the emergence of liberalism and the rapid rate with which it is being accepted, realism is more convincing. Realism is a perspective of international relations that treat issues from a practical point of view. Following this notion, realists draw a sharp distinction between domestic and international politics (Baylis et al., 2008: p 93). Realism has being influential in explaining international politics and it is clearly seen in historical conflicts when states struggle for the same goal. The relative power position of each state becomes the most reliable option. One can argue that the main distinctive feature of liberalism is its assertation that peace is possible and can result from a properly coordinated peace managed process by institutions such as the United Nations. For liberals, peace is the normal state of affairs: in Kants words, peace can be perpetual. War is therefore both unnatural and irrational, an artificial contrivance and not a product of some peculiarity o f human nature (Burchill et al., 2009: p 58). Accordingly, liberals also reject the realist notion that war is the natural condition of International politics. They also question the idea of state being the main actor on the world political stage. Liberals stress the possibilities for corporation and the key issue becomes devising an international setting in which corporation can be achieved (Baylis et al., 2008: p 5). Several instances which can be classified as realist act in response to the liberalist argument includes the beliefs that human being are naturally fixed, deeply flawed, and crucially selfish. To think otherwise is to make a mistake and it such a mistake that the realist accused the liberalist of making (Baylis et al., 2008: p 5). This viewpoint presents a systematic arrangement. If the assumption by realist is that human nature is naturally fixed and crucially selfish, then the whole idea of human generating an ideally perfect state is absurd. No institution can be s uperior to the qualities of the parties constituting it. Hence international peace becomes an objective beyond the limitation of any individual state party. Just as an individuals decision cannot be controlled by another, ones state integral disposition cannot be decided by another. Influence can be a compelling force sometimes, but the authority to make the decision always lies with the unitary entity. In words of Cranmer (2005), liberals also begin with the assumption that states are unitary and rational actors. However, liberals do not share the realist assumption that power is the means by which a states security is guaranteed, that states are the primary units of international politics. Liberal institutionalists, however, insist that the realist perspective does not exhaust the list of constraints on war over which states can and do exercise some control. States do not fight all others at all times and places where the realist constraints are weak (Dunne et al., 2010: p 96). In argument to this, defensive realist such as Waltz argues that states are profoundly defensive actors and will not seek greater amount of power if that means jeopardizing their own security. An aspect of this realist theory was clearly seen at the end of the Cold War between the United States and Soviet Union. The actions of the United States under President Ronald Reagan exemplified defensive realism, wh ile the actions of the USSR under Secretary Mikhail Gorbachev exemplified offensive realism. At some point during the Cold War, it became clear that the United States was in a relative power position when President Reagan started making concessions to the Soviet Union. Defensive realism accounts for this action. The behavior of the Soviet Union on the other hand, can be linked to offensive realism (Costa, 1998). Offensive realist such as Mearsheimer argues that the ultimate goal of a state is to achieve a hegemonic position in the international arena. States, according to this view, always desire more power and are willing, if the opportunity arises, to alter the existing distribution of power even if such an action may jeopardize their own security (Baylis et al., 2008: p 101). The proposition to this theory is the expectation of a state to decline in seeking power to gain greater amount of power if that means jeopardizing their own state security. The introduction of the Strategic Defense Initiative (SDI) by the United State president out-spaced the Soviets and the reaction of the Soviets Union leader in recalling the Red Army from Eastern Europe conforms to the expectations of offensive realism (Costa, 1998). The Cold War, in this account was not caused by anyone but was the natural result of bipolarity. Soviet expansion into Central and Eastern Europe arose from neither vicious rulers in the Kremin nor rabid anti-communists in Washington. The War in Vietnam was criticized by leading realists such as Niebuhr and Morgenthau. Robert Tucker (1985) opposed the Reagan administrations support of armed counter revolution in Nicaragua. And not a single prominent realist supported the American invasion of Iraq in 2003. These examples suggest a very important interpretation point. There are number of Quaker realist-as well as for War. Reality provides a theoretical account of how the world works. It can be used for peaceful purposes. For example, hundreds of thousand s of lives might have been saved, and millions of injuries avoided had the United States pursued a realist bipolar rivalry with the Soviet Union rather than ideological Cold War (Burchill et al., 2009: p 36). Liberals believe international laws and institutions reduce War frequency and create a more orderly and just global system. Realists are of the opinion that the task of self -protection must not be entrusted to either international institutions or international laws. Realist critiques of international institutions, however, do raise two important questions. How much of an impact can international institutions have in principle? And what effects do they in fact have in contemporary international relations? John Mearsheimer (1994/95) in a well-known provocative essay, The False Promise of International Institutions develops a strong and uncompromising argument that institutions have minimal influence on the state behavior. Institutions, according to this argument, can easily be ignored because they rarely exert a significant influence on the interest or interactions of states in anarchy (Donnelly, 2000: p 132). It is largely on the basis on how realists depict the international environ ment that they conclude that the first priority for state leaders is to ensure the survival of their own state. International politics is one of anarchy, and for this reason, the survival of a state cannot be guaranteed by any form of international arrangement. Self-help is the principle of action in an anarchical system where there is no global government. Realists do not believe that it is prudent for a state to entrust its safety and survival on another actor or international institution. Unlike in domestic politics, there is no emergency number that states can dial when they are in mortal danger (Baylis et al., 2008: p 93). It was commonplace during the 1990s for pundits and scholars to proclaim that the world was rapidly becoming peaceful and that realism was dead. International politics was said to be transformed with the end of the Cold War. Many argued that democracy was spreading across the globe and, because democracies do not fight each other, we have reached the end of history. Though international institutions have been proved to be useful in terms of reducing War and it frequencies and, despite the opinion expressed by its critics, that optimism was faded with the wake of September 11, if not disappeared altogether and realism has made a stunning comeback and has continued to be the dominant theory used to explain the nature of international relations throughout history. Its resurrection is due to the fact that almost every realist opposed the Iraq War, which has turned to a strategic disaster for the USA and the UK. But, more importantly, there is little reason to think that globalization and international institutions have crippled the state. Indeed, the state appears to have a bright future, mainly because of nationalism, which glorifies the state, remains a powerful political ideology (Dunne et al., 2010: p 92). As evidenced by most recent behavior of the United States in Afghanistan and Iraq, powerful states are able to overturn the non-intervention principle on the ground of national security and world order (Baylis et al., 2008: p 100). What was the position of the United Nations in Rwanda when 800,000 Tutsi were slaughtered by the Hutus? In Bosnia, the U.N. declared safe areas for Muslims but did nothing to secure them, letting the Serbs slaughter thousands in Srebrenica. The organizations meddling was worse than useless, its blue-helmeted troops were used as hostages by the Serbs to deter a military response from the West (Boot, 2000). These illustrations has assumptions of realism, in that states ensure its security and survival of its own, even if it has to go to war to achieve it. It does not seem realism has lost its esteem the way many proponents of liberalism argue. In the review of the theory that works best, realism seems to give a better explanation than liberalism. As argued above, it is likely that the 21st century will be a realistic century. Despite efforts of federalists to rekindle the idealist flame, Europe continues to be as divided by different national interest as it is united by a common good. History already foretold how the US policy-makers will react in the event that China maintains its economic growth by 2020 (Baylis et al., 2008: p 105). If powerful states such as the US could adopt a realistic posture, my opinion remains that realism, should be seen as a good manual for understanding international politics.

Student: Finance and Foods Market

FI-516 – WEEK 2 – MINI – CASE ASSIGNMENT Select a major industrial or commercial company based in the United States, and listed on one of the major stock exchanges in the United States. Each student should select a different company. Avoid selecting an insurance company or a bank, as the financial ratios for these financial businesses are different. Write a 7 – 8 page double spaced paper answering and demonstrating with calculations and financial data the following questions: 1. What is the name of the company? What is the industry sector? * The company name is Whole Foods Market Inc. Whole foods market, Inc. is the Food Retailers & Wholesalers industry. * The products include: grocery, seafood, bakery, prepared foods, meat and poultry, dietary and nutritional supplements, vitamins, specialty (beer, wine and cheese) body care products, floral and household products and pet products. 2. What are the operating risks of the company? * Organic foods market has several laws and regulations relating to health, sanitation and food labeling. * FDA, FTC, CPSC, USDA and EPA have set standards for the manufacture, packaging, and advertising of organic products. If failure to qualify these standards could result in the confiscation of marketing and sales licenses. 3. What is the financial risk of the company (the debt to total capitalization ratio)? Debt to total capitalization ratio = Debt / (Shareholder’s equity + Debt) ————————————————- 1,300,770 / 4,292,075 = 30. 31% 4. Does the company have any preferred stock? No, the Whole foods market, Inc. does not have any preferred stock. 5. What is the capital structure of the company? : Short term portion of Long Term Debt, Long Term Debt, Preferred Stock (if any), and market value f Common Stock issued and outstanding? * Capital structure: —————â €”——————————- Total Debt to Total Equity: 0. 60 ————————————————- Total Debt to Total Capital: 0. 60 ————————————————- Total Debt to Total Assets: 0. 42 ————————————————- Long-Term Debt to Equity: 0. 58 ————————————————- Long-Term Debt to Total Capital: 0. 58 * The Whole foods market, Inc. does not have any short-term portion of long-term debt, and there is no preferred stock. Long-term debt: $17. 44 million * The Whole foods market, Inc. has 300,000 share authorized and $178. 89 million shares issued and outstanding at 2011. 6. What is the company’s current actual Beta? ————————————————- * The current actual Beta is 0. 66 7. What would the Beta of this company be if it had no Long Term Debt in its capital structure? (Apply the Hamada Formula. ) ————————————————- BL= B1 [1+(1-T) (D/E)] ————————————————- = 0. 66 / [1+(1-0. 35) (0. 43)] ————————————————- 0. 52 8. What is the company’s current Marginal Tax Rate? —————————— Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€- 35% 9. What is the Cost of Debt, before and after taxes? The cost of debt before taxes is 6. 7%, and after taxes is 4. 5%. 10. What is the Cost of Preferred Stock (if any)? The Whole foods market, Inc. does not have any preferred stock. 11. What is the Cost of Equity? ————————————————- Cost of Equity = (Dividends per share/current market value of stock)+Growth Rate of Dividends ————————————————- = (0. 40 / $86. 47) + 0. 56% ———————————————— = 0. 01 12. What is the cash dividend yield on the Common Stock? The cash dividend yield on the common stock is 0. 56 (0. 60%) 13. What is the Weighted Average Cost of Capit al of the company? The Weighted Average Cost of Capital is 7% 14. What is the Price Earnings Multiple of the company? ————————————————- Current market value of stock / EPS ————————————————- = $86. 47 / 2. 21 ————————————————- = 39. 13 15. How has the company’s stock been performing in the last 5 years?In May 2007, the price of common stock was $39. 74 per share, but it dropped to $8. 19 per share in 2009. Although after the recession of price drop, the price begins the raise up to $86. 47 per share now. 16. How would you assess the overall risk structure of the company in terms of its Operating Risks and Financial Risk (Debt to Capitalization Rat io)? Total debt/total equity| 0. 0063| Total debt/total capital| 0. 0063| 17. Would you invest in this company? Why? Or Why not? * Officially I would invest portion of my assets into the portfolio. Since the price has raise from the last two years in an even steady price.Even though they have two small period of time that drop for about 15%. Overall the stock market seems to be passive about the movement of the behavior optimistically. Therefore be hold within the smaller beta that show less variable of the changes. I believe this could be a chance to be rich! 18. The last page of your paper should be a Bibliography of the sources you used to prepare this paper. Bibliography: * http://www. wikinvest. com/stock/Whole_Foods_Market_(WFM) * http://www. thestreet. com/quote/WFM/details/company-profile. html * http://yahoo. brand. edgar online. com/displayfilinginfo. spx? FilingID=8260392-165255- 169255&type=sect&TabIndex=2&companyid=10959&ppu=%252fdefault. aspx%253fcik%253d865436 * http: //www. investopedia. com/terms/d/debt-to-capitalratio. asp#axzz1v5caUyeq * http://www. marketwatch. com/investing/stock/wfm/profile * http://finance. yahoo. com/q? s=WFM&ql=1 * http://www. investopedia. com/terms/c/costofequity. asp#axzz1v5caUyeq * http://www. thestreet. com/quote/WFM/details/growth-rates. html * http://www. wikiwealth. com/wacc-analysis:wfm * http://markets. ft. com/research/Markets/Tearsheets/Financials? s=WFM:NSQ

justification by faith - 3306 Words

Justification by Faith John Markley BIBL 425 Sylvia Evans L24579490 August 20, 2012 Knowing that a man is not justified by works of the law but, a righteousness which comes from God. We know that a person is justified not by works of the law but through the faith of Jesus Christ. And we have come to believe in Christ Jesus, so that we might be justified by the faith of Christ, and not by doing the works of the law, because no one will be justified by the work of the law. In Isaiah 45: 25 say in Lord shall all the seeds of Israel be justified and shall glory. Justification is the process of one being made right through the word of God. This is the way that one can be cleansed and to†¦show more content†¦The continued serving of God through Christ will bless their souls on a daily basis. The subject of faith by works will justify your salvation has been constantly presented by the Apostle Paul. Yet he has grace of God is the final word considering true salvation. The concept of salvation has other forms such as people who without comin g to know Christ explicitly, are enabled by God’s grace to be saved. Salvation is through Christ to serve and represent God. Paul’s theories have been represented in this text to view some of his teachings. It is true that God is the author and creator of our faith. Jesus is the sacrifice and sin covering for all humanity. Grace and mercy through God saved the world. The Contemporary Evangelical church has a difficult time in maintain the relationship between the two concepts of God’s righteousness and God’s wrath. There could be the problem of believers understanding as well as receiving the principles of both. The Pastors and ministers must be able to balance spontaneity and obligation. The spirit of God must guide them to approach their churches at the right time. 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The Jewish culture had been educated in the law and yet the Gentile culture was being instructed that the law was death. The Jewish community was confused and aghast that God would justify sinners. Nonetheless that is exactly what PaulRead MoreJUSTIFICATION BY FAITH3135 Words   |  13 Pagesï » ¿JUSTIFICATION BY FAITH Introduction The subject of â€Å"Justification by Faith† is an argument, proposed by the Apostle Paul in Romans 1:17 where he starts by introducing God’s revelation to humankind concerning unrighteousness: That this was a God-given revelation in the beginning and throughout man’s history (faith to faith) within the â€Å"Gentile’s law of nature and the Jews law of Moses. 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America s Most Obscure Conflict - 868 Words

America’s Most Obscure Conflict On June 1, 1812, the United States’ fourth President James Madison signed a declaration of war against Britain approved by Congress. This is obscurely known as the War of 1812 which was also the first war of the 19th century and lasted from 1812 to the spring of 1815. The War of 1812 is also known as the Second War for American Independence with an inconclusive outcome that ended the conflict with the Treaty of Ghent. The War of 1812 created a strong sense of nationalistic pride among Americans which are preserved in the national anthem of the United States today. Although there is an abundant amount of information written about the War of 1812, average Americans are only roughly aware of the reasons why the war was fought or who the enemy was. Only conspicuous events such as the destruction of the nation’s capital or the Battle of New Orleans are remembered today. The War of 1812 was caused by numerous reasons including British impressment of American sailors and their refusal to acknowledge American neutrality rights, the United States’ widespread belief the British were encouraging Indian rebellion, the American desire for more land, and the actions of some newly-elected Congressmen dubbed the â€Å"War Hawks.† One reason the War of 1812 was caused was because of Britain’s impressment of American soldiers and incapability to acknowledge American neutrality rights. Impressment was the act of Britain’s Royal Navy of sending officers to U.S. ships,Show MoreRelatedThe War Of New Orleans1190 Words   |  5 Pagesprobably our most obscure conflict. Although a great deal has been written about the war, the average American is only vaguely aware of why we fought or who the enemy was. 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