Global Civic Republicanism: Retrieving the State
In differing ways, the liberal approaches examined in Part Two argue that neo-liberal governance is unable to produce stable and secure societies across the world or guarantee prosperous capitalism in the future. The considerable levels of social dislocation and inequality are of particular concern to the approaches of contractual nationalism and cosmopolitan governance, thereby leading these approaches to advocate measures that seek to ameliorate these social problems. Nonetheless, from the point of addressing the social and political problems of economic globalisation, there are problems with all three alternate formulations of liberalism. The next two chapters argue that despite the clear and significant problems of neo-liberal governance it is extremely doubtful that any of the alternatives examined could enact policies and institutions that would moderate the adverse effects of economic globalisation. The claim here is that it is not possible to moderate the social effects of economic globalisation and to promote liberty around the world without the public regulation of global capitalism. Furthermore, just as deregulation depends on the state, regulation in the public interest of the agents and infrastructure of global capitalism is scarcely possible without the authority of the state.
KeywordsEuropean Union Public Good Public Choice Economic Globalisation Global Compact
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