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A Theory of the Neoliberal Global State

  • Alessandro BonannoEmail author
Chapter
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Abstract

This chapter proposes a theory of the neoliberal state under global neoliberalism. It opens with an analysis of the theories of the state proposed by Hayek, Friedman, and Becker. This analysis is followed by an illustration of the limits of the neoliberal theory of the state that stresses its realist component, its inability to account for the continuous intervention of the state, and the issues raised by the debate on the role of the state under globalization. This now copious literature is also reviewed. The remaining part of the chapter illustrates the book theory of the state under neoliberalism. It stresses the emergence of supranational and global forms of the state and contends that their existence is problematic not only because of their embryonic status but also because of the discrepancy between the evolution of the global economy and the less developed global polity. In this context, two structural problems assume relevance. First, the global state depends on the nation-state for the acquisition of resources and the appointment of its officialdom. Second, these forms of the state tend to be undemocratic. It is concluded that the consequences associated with this overall situation represent components of the crisis of system integration of global neoliberalism.

Keywords

Neoliberal globalizationGlobalization System integrationSystem Integration Capital accumulationCapital Accumulation Social stabilitySocial Stability corporationsCorporations 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© The Author(s) 2017

Authors and Affiliations

  1. 1.Department of SociologySam Houston State UniversityHuntsvilleUSA

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