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Realpolitik (/ r eɪ ˈ ɑː l p ɒ l ɪ ˌ t iː k / ray-AHL-po-lih-teek German: [ʁeˈaːlpoliˌtiːk] ⓘ; from German real ' realistic, practical, actual ' and Politik ' politics ') is the approach of conducting diplomatic or political policies based primarily on considerations of given circumstances and factors, rather than strictly following ideological, moral, or ethical premises.
Political scientists sometimes associate realism with Realpolitik, [12] as both deal with the pursuit, possession, and application of power. Realpolitik , however, is an older prescriptive guideline limited to policy-making, while realism is a wider theoretical and methodological paradigm which aims to describe, explain, and predict events in ...
In the neoclassical school of economics, the classical dichotomy dictates that real and nominal values in the economy can be analysed distinctly. Thus, the real sector value is determined by an actor's tastes and preferences and the cost of production, while the monetary sector only plays the part of influencing the price level, so in this simplified example the role of the supply and demand ...
Since Vladimir Putin attacked Ukraine for the sin of refusing to exist as a Russian satrapy, fiery crude prices are stoking fears of a 1970’s style oil shock, and sending a chill down the market ...
For example, a country that Trump targets with punitive tariffs may come to the negotiating table to try to resolve a conflict, as Canada and Mexico did to help reduce the flow of fentanyl and ...
While neoconservatism is concerned primarily with foreign policy, there is also some discussion of internal economic policies. Neoconservatism generally endorses free markets and capitalism, favoring supply-side economics, but it has several disagreements with classical liberalism and fiscal conservatism.
International political economy (IPE) is the study of how politics shapes the global economy and how the global economy shapes politics. [1] A key focus in IPE is on the power of different actors such as nation states, international organizations and multinational corporations to shape the international economic system and the distributive consequences of international economic activity.
Over the past year, a number of high-profile companies have done about-faces on diversity, including Meta (), Walmart (), McDonald's (), Lowe’s (), Ford (), Tractor Supply (), and John Deere ...