What Does Geico Stand For What Does the GEICO Acronym Stand For? GEICO stands for the Government Employees Insurance Company, and when it was founded in 1936 by Leo and Lillian Goodwin. At the time, their mission was to provide auto insurance to â as you might have guessed â government employees. They did this because they were looking for a discrete group of folks with particular needs.
realism noun [U] (THOUGHT). âº a way of âthinking and âacting âbased on âfacts and what is âpossible, ârather than on âhopes for things that are âunlikely to âhappen: His âdecision not to âexpand the âbusiness âshows his âdown-to-earth realism.
Realpolitik, however, is an older prescriptive guideline limited to policy-making (like foreign policy), while Realism is a particular paradigm, or wider theoretical and methodological framework, aimed at describing, explaining and, eventually, predicting events in the international relations domain.ost-realism suggests that Realism is a form of social, scientific and political rhetoric. It closes rather than opens a debate about what is real and what is realistic in international relations.