Geopolitics that shaped foreign policy and
international relation since late nineteenth century till the first quarter of
the twenty-first century is being quietly phased out and in its place emerges
geoeconomics that began as a binding concept. Details follow:
Geopolitics was coined by a Swedish political theorist by the name of Rudolf Kjellen in 1899. Often called as "father of geopolitics", his concept postulates, politics as the sway that over arches in international relations encompassing geography, territory, factors of production and the national pride to steer the globe.
Geoeconomics was coined by Edward Luttwak a military
strategist, in 1990. Dubbed as “father of geoeconomics” His idea was power is shifting
away from military competition to economic competition in international
relations. Instead of using political pressure, he argued, economic tools are going
to be used to achieve political goals.
We witness today the exit of Geopolitics and entry
of Geoeconomics. Here are selected examples of this phenomenon:
1. Rule based international order of America giving way to United Nations rules & regulations regime
2. Global North being succeeded by Global South
3. G7 losing lustre to BRICS
4. Fighting forever war being replaced by peace & prosperity forever
5. Win-lose concept where the West wins and South loses is overtaken by win-win concept promoted by China via BRI and Russia by Eurasian Economic Co-operation
6. Zero-sum game of America is out and everyone sharing common benefits as a common goal is in
7. Military being co-opted to achieve political goals is overtaken by economic power projected by all countries big or small
8. Full spectrum offensive stance is overshadowed by full spectrum global economic prosperity
9. Hoarding wealth is knocked out by sharing wealth
10. Finally “peace thru strength” countermanded by “strength
by peace”.
Cheers!
Muthu Ashraff Rajulu
Business Strategist
Mobile: + 94 777 265677
E-mail: cosmicgems@gmail.com
Blog: Business Strategist
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