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Globalization and the Retreat of the State

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Globalization and the Politics of Resistance

Part of the book series: International Political Economy Series ((IPES))

Abstract

Throughout the human sciences ‘globalization’ has become the explanatory concept of social change in the 1990s. In the study of political economy a rich combination of interconnected characteristics are conventionally identified as constituents of the larger dynamic: the ascendance of the ‘stateless corporation’; the emergence of the trillion dollar ‘24—hour, integrated global financial market-place’; the sharpening of competition under capital mobility and the ‘law of one price’; the proliferation of foreign direct investment; the increase in intercontinental migration; and the emergence of a ‘global information society’. Everything from the rise of neoliberal transnational technocracy to crises of governance, ecology and citizenship, from the fragmentation of institutions and institutional boundaries, to decolonization, democratization, pluralism and sub-nationalism, have been explained in relation to the ‘globalization process’.

A version of this chapter was published in ‘Globalization and the Politics of Resistance’, the special issue of New Political Economy edited by Barry Gills, ‘Globalization and the End of the State?’, New Political Economy, Vol. 2, No. 1 (1997), pp. 165–77.

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© 2000 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Douglas, I.R. (2000). Globalization and the Retreat of the State. In: Gills, B.K. (eds) Globalization and the Politics of Resistance. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230519176_8

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