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1/26/2016 Geopolitical Units & Political Systems

by: Mrinalini Vijalapuran

1/26/2016 Geopolitical Units & Political Systems IB 320F

Marketplace > University of Texas at Austin > International Business > IB 320F > 1 26 2016 Geopolitical Units Political Systems
Mrinalini Vijalapuran

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About this Document

Week 2 of IB 320F at UT Austin
Foundations of International Business
Dr. Roberts
Class Notes
IB 320F, International Business, UT Austin, Geopolitical Units, Political systems
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This 2 page Class Notes was uploaded by Mrinalini Vijalapuran on Tuesday February 2, 2016. The Class Notes belongs to IB 320F at University of Texas at Austin taught by Dr. Roberts in Winter 2016. Since its upload, it has received 15 views. For similar materials see Foundations of International Business in International Business at University of Texas at Austin.

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Date Created: 02/02/16
1/26/2016 Geopolitical Units & Political Systems Tuesday, January 26, 2016 3:23 PM Geopolitical Unites (Terminology)  Country- geographical entity, defined by physical borders  Nation - people who share common cultural identities, not defined by physical borders  State - the political system of a geographical area, government. Has to be independent and sovereign  Nation State - not all states are nation states. Sovereignty  What is it? o There exists perhaps no conception the meaning of which is more controversial than that of sovereignty. It is an indisputable fact that this conception, from the moment when it was introduced into political science until the present day, has never had a meaning which was universally agreement upon - Openheim  Comes from the peoples will to be ruled  Social contract  Revolution is the failure of sovereignty Legal Implications of Sovereignty  The ruler of a particular State has the sole and exclusive authority and autonomy over the territory of the state (country)  All states are equal to one another in terms of rights obligations, and autonomy  As a result of the first two implications, States are subject to no higher law than the law of their consent Why is this important for IB?  States are sovereign entities  They determine the laws that take effect within a country  As such, they oversee the rules of the political economy within a country  MCN's must play by the rules of the State (i.e laws)  This makes IP complicated!' Types of States  Empire: encompasses many states  Confederacy :union of independent states (Eurozone)  Federation: more interdependent entity, states within  City State: Vatican, Singapore etc don’t see many  Multinational State: different nationalities within one state, United Kingdom, Canada  Others? o Republic/Federation The Political System  Right v Left  Conservative v Liberal Collectivism vs Individualism  Collectivism: o Stresses the primacy of collective goals rather than individual goals (associated with communist and socialist systems)  i.e more security  Individualism: o Stresses the importance of individual freedom and self expression (associated with liberal democracy and anarchist system)  i.e. less security Authoritarianism v. Liberalism  Authoritarianism o Emphasizes state control o Deemphasizes personal freedom o i.e collectivist  Liberalism (Libertarianism) o Emphasized personal freedom o Deemphasizes state control o i.e individualist Political Systems  Autocracy o Monarchy o Dictatorship  Polyarchy o Oligarchy  Democracy o Direct v Representative  Theocracy


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