Realism and Balance of Power: Analysis in the Contemporary World

Humans by nature are greedy and always in fight or flight mode. Wherever there are interests, rights and duties, conflicts are bound to happen. The theory of realism states that every nation state wants to serve its own interests and welfare. In situations like this, balance of powers is vital. This ensures that no one nation has supremacy over others. This balance of power is based not only on the military powers of a state but also on the soft and economic powers of the state. Today with major developments in technology, the balance of powers seems to be taking a shift. In a situation like this, it is pertinent to understand these theories in today’s context. Through this article, we shall understand the theories as propounded and their significance in today’s world. We shall also with the help of an article review critically analyse these theories in the sphere of global politics as we understand it today.