‘Transactionalism’: Instinct or Metamorphosis?
‘Transactionalism’ has reentered the zeitgeist due to the perceived collapse of the post Cold War world—where the Liberal International Order (LIO), and multilateralism, had once triumphed over the warmongering cynicism of the 20th century. However, this norm is rapidly reverting into a world where self-interest and short-term gain are prerequisites for engagement. Long-term strategic goals, …