The term appeasement is unpopular today both in politics and in academia as it is associated with the policy pursued by France and Great Britain towards Nazi Germany in the 1930s. The highpoint of this policy was reached on September 29, 1938 in Munich when the Western Powers gave in to Hitler’s territorial demands concerning Czechoslovakia. Since then the term has been associated with political and military weakness and treachery. This article represents the second installment in a series dedicated to the commemorations of 70 years since the start of World War II and will deal with the political implications of appeasement. In the following lines I will outline the meaning of appeasement and its implications for the international system. My approach will draw upon the work of Robert Gilpin and of Mark R. Brawley and will concentrate on defining appeasement and explaining the political context in which it was implemented.