Recent debates about the changing nature of power has reflected more on the CHANGING MECHANISMS, rather than the emergence of conceptually new forms of power.
CHANGE WITHIN HARD POWER:
- There has been a general SHIFT in power from military to ECONOMIC power.
- Military power is the traditional CURRENCY of WORLD POLITICS, which is supported by REALISTS.
- Realists believe that security & survival is structured above all.
- This has been CHALLENGED by NEOLIBERALS who argued that growing TRADE LINKS & increasing INTERDEPENDENCE make inter-state war more COSTLY & LESS LIKELY.
- Therefore, making MILITARY POWER less important and less reliable.
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