How Balance of Power Shapes the World

The twin concepts and mechanisms of the balance of power and power maximization act as key global geopolitical drivers in the current international system. What these concepts mean in the simplest terms is this: the anarchic nature of the international system compels states to act as relentless power acquisition entities in order to ensure their…

Shun Power Politics for Sustainable Development

Herman Daly, the renowned ecological economist, in his book, The Steady-State Economics (1977), exposes the fallacy inherent in the concept of unlimited growth which is based on the refusal or failure to realize that the environment, which encloses all socioeconomic activity since the latter takes place within the confines of the former, is a limited…