Institutional liberalism


Institutional liberalism or liberal institutionalism is a modern theory of international relations which claims that international institutions and organizations such as the United Nations, North Atlantic Treaty Organization and the European Union can increase aid and cooperation between states. It means that states can help each other in a positive way, through institutions such as etc. The theory can be compared to idealism, the international relations theory which emerged after the First World War when the League of Nations was founded. Like political realism, institutional liberalism is utilitarian and rationalistic. States are treated as rational actors operating in an international political system in which hierarchy cannot be enforced.

Terminology

Some call the school of thought rational functionalism instead of liberal institutionalism. Liberal institutionalism is also close to—but not synonymous with—regime theory and neoliberalism. Robert Keohane, a political scientist largely responsible for the development of liberal institutionalism, considers his ideas part of institutionalism or rational institutionalism, even though those schools disagree with him on certain points. Keohane dislikes using the adjectives "liberal" or "neoliberal" to describe his work because he also draws from realism, a school of thought that is often contrasted with liberalism. Liberal institutionalism differs from other common international relations theories like realism in the fact that it does not ignore internal politics. Furthermore, institutional liberalism follows the idea that democracy and capitalism create systems which not only maintain peace but also create beneficial economic opportunities for those involved. Liberal institutionalists believe that democracies naturally lead to peace because the many govern and not the few, and therefore those who decide to go to war will be the many that serve. This is in stark contrast to monarchies and dictatorships that are more warlike due to the fact that the few that do not serve will go to war. Beyond that liberal institutionalists defend capitalism on an international scale because they believe that if two nations are friendly, democratic, and capitalist the two nations will inevitably negotiate mutually beneficial trade deals.