International Studies & Neoliberal Globalization Flashcards

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Description and Tags

Vocabulary flashcards covering core concepts in International Studies, state sovereignty, European colonialism, global economics, discourse analysis, and neoliberalism.

32 Terms

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International Studies

The study of global interactions, the relations and tensions these interactions produce, and the forces and actors that play a role in them.

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Polycrisis

A concept describing how major contemporary global challenges cannot be treated in isolation from one another.

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"The West" (Stuart Hall)

An idea and concept that categorizes societies, provides a system of representation, and acts as a standard or model of comparison rather than a purely geographical designation.

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Discourse

A structured system of meaning and rational body of speech or writing that shapes what people perceive, think, foreground, or render invisible in reality.

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Communitarianism

A political and ethical perspective centered on commitments and obligations to one's specific local or political community.

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Cosmopolitanism

A political and ethical perspective centered on commitments and obligations to the whole of humanity.

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Critical Geopolitics

A field of study examining how space and power are linked, investigating the dominant geographical assumptions and spatial scripts embedded in world politics and foreign policy.

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Scripting (in Geopolitics)

An active process by which the geographical complexity and richness of the world are reduced to schematic spatial templates or abstractions.

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State

A political organization that successfully lays claim to a monopoly on the legitimate use of physical violence within a defined territory.

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Sovereignty

The legal and political authority of a state to command and rule over a defined territory, characterized as absolute, unlimited, and free from external hierarchy.

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Internal Sovereignty

The exclusive jurisdiction and political authority that a state exercises within its own borders.

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External Sovereignty

The legal equality and independence of states in the international system, asserting that no state is subordinate to or a puppet of another.

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Peace of Westphalia (1648)

Two treaties negotiated in Germany that ended the Thirty Years War and marked the beginning of modern politics by directly linking political sovereignty to bounded territory.

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Territory

A portion of bounded geographic space that is claimed or occupied by a person, group of persons, or institution.

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Territorial Trap

A concept formulated by John Agnew identifying three assumptions: that states naturally have bounded territories, that domestic and international affairs are separate, and that the state is the natural container of society.

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Capitalism

An economic system in which the means of production of goods and services are privately owned and operated for profit.

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Bourgeoisie

The dominant capitalist class that owns capital and the means of production.

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Proletariat

The working class who do not own capital and must live by selling their labor power in exchange for a wage.

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Industrial Revolution

A historical period during which predominantly agrarian, rural societies shifted into urban, industrial societies powered by machinery, factories, and mass production.

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Colonialism

The direct political control and command over a people by a foreign state or group inhabiting a separate territory.

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Imperialism

A form of domination over other states or people through economic, military, or cultural power, which can operate from a distance without physical settler establishment.

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Dependency Theory

An economic theory asserting that a country's economic status is dictated by global imperialist structures and external constraints rather than solely internal conditions.

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Mercantilism

An economic theory dominant in Europe from the 16th to 18th centuries promoting government regulation of the economy through protectionist policies to increase state power.

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Bretton Woods Conference (1944)

A 1944 conference of 44 allied nations that established the post-WWII international financial order and created the World Bank and International Monetary Fund (IMF).

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Neoliberalism

A political and economic ideology advocating free markets, minimal state intervention, privatization, deregulation, and the governing rationality that every entity and field of activity is economized as a market or firm.

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Washington Consensus

A framework of neoliberal economic policies for developing countries emphasizing deregulation, privatization, stabilization, and opening national borders to foreign trade.

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Liberalization

The removal of governmental interference and barriers in markets to achieve the free flow of money, goods, services, and capital.

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Privatization

The transfer of ownership and management of public entities, services, or collective goods to the private business sector.

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Deregulation

The relaxation or removal of existing governmental controls and state regulatory functions over economic activities.

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Stabilization

Economic restructuring aimed at reducing government spending and budget deficits, often resulting in fewer public sector jobs and reduced social program funding.

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Parastatal Complex

An interrelated network of private corporations and government agencies whose mandates, responsibilities, and boundaries become intermixed and blurred.

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Homo Oeconomicus

In neoliberal thought, a conceptual model of human beings as financialized human capital focused on continually enhancing market value across all fields of life.