Is History a Useful Guide for Decision Making: A Comparative Study of Decision Making in Bi-Polar and Uni-Polar World in the Context of Suez Crisis and Falkland Island War

Abstract

To develop better understanding of world, history is necessary as it enables us to understand the world in which we live in more precise way. History can proved to be a driving force as well. It can play a very important role in decision making. But it’s not right to totally rely on it as circumstances changes with time. With changing circumstances requirements and criteria also change. New world structure which has emerged in last century is more state and ego centric than ever involved in competition under the umbrella of democracy which seems to be very fascinating but actually it’s leading world towards drastic end by creating trust deficit among states. So a decision which was a best suitable decision in one circumstance can’t always be a perfect fit for other situations because we know with changing circumstances requirements also change e.g. US has different policies in unipolar world than in bi-polar world. Developing knowledge and understanding of historical events and trends, specially over the past century enables us to develop a much greater understanding for current events but proper calculation is necessary. That’s why a critical rationality with proper reasoning is required for better and more relying decisions by decision makers. Before implementation it’s necessary to make sure that you are right and then go ahead as stated by ‘Davy Crockett’.