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In international relations, the concept of balancing derives from the balance of power theory, the most influential theory from the realist school of thought, which assumes that a formation of hegemony in a multistate system is unattainable since hegemony is perceived as a threat by other states, causing them to engage in balancing against a potential hegemon.
Hegemonic stability theory (HST) is a theory of international relations, rooted in research from the fields of political science, economics, and history.HST indicates that the international system is more likely to remain stable when a single state is the dominant world power, or hegemon. [1]
The predominance of the balance of power in the practice of statesmen for three centuries … should not obscure the fact that throughout world history periods dominated by the balance-of-power policies have not been the rule. The balance of power scarcely existed anywhere as a conscious principle of international politics before 1500… [37]
Contemporarily, in Hegemony and Socialist Strategy (1985), Ernesto Laclau and Chantal Mouffe defined hegemony as a political relationship of power wherein a sub-ordinate society (collectivity) perform social tasks that are culturally unnatural and not beneficial to them, but that are in exclusive benefit to the imperial interests of the hegemon ...
William Wohlforth argues that unipolarity is durable and peaceful because it reduces the likelihood of hegemonic rivalry (because no state is powerful enough to challenge the unipole) and it reduces the salience and stakes of balance of power politics among the major states, thus reducing the likelihood that attempts at balances of power cause ...
The European balance of power is a tenet in international relations that no single power should be allowed to achieve hegemony over a substantial part of Europe. During much of the Modern Age, the balance was achieved by having a small number of ever-changing alliances contending for power, [1] which culminated in the World Wars of the early 20th century.
With Trump 2.0, the balance of power shifts from banks to Silicon Valley. Leo Schwartz. January 20, 2025 at 6:51 AM ... Trump still has titans of traditional finance in top positions of power, ...
Defensive neorealists identify a number of problems regarding offensive neorealism's support of aggressive expansion of power. Building on Waltz's balance of power theory and the assumption that "balancing is more common than bandwagoning", [1] defensive neorealists assert that states which strive to attain hegemony in the international system ...