Liberalism and the Consequences of Economic Globalisation
In the preceding chapter the prevailing world order was examined by focusing on the ideas, interests and institutions that predominate. This chapter completes a critical political economy consideration of economic globalisation by investigating the patterns of disadvantage that open up problems for the continuance of this world order. After all, the previous chapters have defined economic globalisation as a developing formation of material, ideational and institutional elements underpinned by the dominance of capitalist elites around the world and wealthy states. This order is a contingent reality; it is not an inescapable extension of globalisation. Maintaining economic globalisation is an inherently political task that faces a stark series of moral and political challenges given the significant array of social consequences that flow from the deregulated nature of the world economy.
KeywordsSocial Cohesion Economic Globalisation Global Governance World Order Global Capitalism
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