Defence Finance Monitor

Defence Finance Monitor

The Logic of Deterrence: Strategy, Fear, and the Balance of Power

Aug 29, 2025
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Amphitheatre of Capua - Wikipedia

Deterrence has long been regarded as one of the fundamental logics of international security. Far from being an abstract notion or a Cold War artifact, it remains the organizing principle through which states define their strategic posture, calibrate their military capabilities, and communicate credibility to allies and adversaries alike. The paradox at its core is well known: peace is preserved not by the absence of force but by the credible threat of its use. This study explores that paradox in depth, examining deterrence as both a historical practice and a contemporary necessity. From the Roman use of exemplary punishment to the nuclear balance of the twentieth century, deterrence has functioned as a grammar of power that restrains aggression by shaping perceptions of cost and risk. Today, as systemic rivalry resurfaces and new domains of competition emerge—cyber, space, and the economy—deterrence continues to evolve, demanding fresh analysis and renewed strategic clarity.


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