Recent developments in the study of international institutions have created a need and opportunity for restating the traditional realist view of the role of institutions in international relations. Advancing what he claimed was realism's perspective on this issue, John Mearsheimer (1994/95) forcefully staked out an extreme position that institutions are essentially epiphenomenal. Mearsheimer's arguments, however, derived from Waltzian neorealism, are inconsistent with traditional realism's concern for the origins and influence of international institutions. Moreover, they do not reflect the views of the newest wave of modified structural realists who adopt many of the insights of neoliberal institutionalism. In an attempt to show that pre-Waltzian realists had much to say about institutions, this essay reviews the neorealist/neoliberal debate over institutions, clarifies the basic differences between traditional realism and neorealism, and resurfaces traditional realist arguments concerning the effects of state power and interests on international institutions and global order. Combining insights from both traditional realism and neorealism, a model is constructed that considers how the characteristics of states, their interactions, and the structure of the international system facilitate understanding the ways in which power will be exercised, the type of global order that will be produced, and the level of global institutionalization that can be expected.
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