1. Economics and Global Capitalism
Neither markets nor the extant structures of governance appear capable of providing for all three conditions at once. ... The third charge reflects a more normative philosophical argument about the impact of globalisation on the structures of modern society. ...
Many see it as a primarily economic phenomenon, involving the increasing interaction, or integration, of national economic systems through the growth in international trade, investment and capital flows. However, one can also point to a rapid increase in cross-border social, cultural and technolog...