Abstract
This chapter examines the liberalist approach to the theory and practice of international politics. It begins with an overview of liberalism and liberal internationalism’s main characteristics, including how they overlap with, yet significantly depart from, the realist perspective. It then considers the major liberalist schools of thought, namely: commercial or economic liberalism, human rights liberalism, international organization or institutions liberalism, and democratic liberalism. The chapter explores how contemporary liberal internationalism is losing significant power and appeal because the major Western states of the world system are experiencing serious international and domestic difficulties. It closes by indicating that the Western liberal internationalist order will likely lose a sizable portion of its long standing international dominance, resulting in a more widely spread global security management arrangement among a larger number of major states.