Globalization Matters

By addressing the major contemporary challenges to globalization, this study explains why and how the global continues to matter in our unsettled world.

An essential guide to the intractable public debates about the virtues and vices of economic globalization, cutting through the complexity to reveal the fault lines that divide us and the points of agreement that might bring us together. Globalization has lifted millions out of poverty. Globalization is a weapon the rich use to exploit the poor. Globalization builds bridges across national boundaries. Globalization fuels the populism and great-power competition that is tearing the world apart. When it comes to the politics of free trade and open borders, the camps are dug in, producing a kaleidoscope of claims and counterclaims, unlikely alliances, and unexpected foes. But what exactly are we fighting about? And how might we approach these issues more productively? Anthea Roberts and Nicolas Lamp cut through the confusion with an indispensable survey of the interests, logics, and ideologies driving these intractable debates, which lie at the heart of so much political dispute and decision making. The authors expertly guide us through six competing narratives about the virtues and vices of globalization: the old establishment view that globalization benefits everyone (win-win), the pessimistic belief that it threatens us all with pandemics and climate change (lose-lose), along with various rival accounts that focus on specific winners and losers, from China to AmericaÕs rust belt. Instead of picking sides, Six Faces of Globalization gives all these positions their due, showing how each deploys sophisticated arguments and compelling evidence. Both globalizationÕs boosters and detractors will come away with their eyes opened. By isolating the fundamental value conflictsÑgrowth versus sustainability, efficiency versus social stabilityÑdriving disagreement and show where rival narratives converge, Roberts and Lamp provide a holistic framework for understanding current debates. In doing so, they showcase a more integrative way of thinking about complex problems.

In what are generally understood as unsettled times, this book explores the possibility and desirability of bringing integrated theory back into globalization research. While there can hardly be a single and all-encompassing 'grand theory' of globalization-in-itself, is there scope for the development of a general and systematic approach to globalization dynamics, past and present. In other words, can theorizations of the global be holistic and integrative, taking place in tandem with methodological frameworks that consider the contradictory and uneven layering of different transnational practices across all social relations? Is it possible to develop a general and integrated approach to globalization that links theory and practice in a socially engaged way, and is it desirable to do so? Many relevant academic and non-academic developments suggest not. For example, the postmodernist turn at the end of the last century expressed a profound 'incredulity' toward 'grand narratives' in the social sciences and humanities. A decade later, some neo-Marxist critics condemned the 'follies of globalization theory'. More recently, the 'post-truth' interventions of national populists suggest not only that 'globalism' is the political enemy but also that attempts to understand its patterns and manifestations are relative or irrelevant. Taking Manfred Steger and Paul James' acclaimed book Globalization Matters as a back-drop against which to interrogate these issues, contributors from a variety of disciplinary, analytical and normative standpoints deliver a thoughtful and much needed assessment of the scholarship of globalization and the ways it is theorized. The chapters in this book were originally published as a special issue of the Globalizations.

This study examines the converging culture, telecommunications and new media industries in North America. With a broadly political-economic perspective, this work the goes on to provide an account of changes in the aftermath of trade agreements, and sets these changes in a global context.

People around the globe are more connected to each other than ever before. Information and money flow more quickly than ever. Goods and services produced in one part of the world are increasingly available to the rest of the world. International travel is more frequent. International communication is commonplace. This phenomenon has been titled globalisation. The Era of Globalisation is fast becoming the preferred term for describing the current times. Just as the Depression, the Cold War Era, the Space Age, and the Roaring 20's are used to describe particular periods of history, globalisation describes the political, economic, and cultural atmosphere of today. While some people think of globalisation as primarily a synonym for global business, it is much more than that. not exist also allow social activists, labour organisers, journalists, academics, and many others to work on a global stage. This book brings together a wide range of expertise addressing these issues from the perspective of authors from around the world. Contents: Preface; From Westernisation to the Whirl of Globality: Conceptualising Globalisation and its Effects on Local Societies; Globalisation and Competitiveness: A Comparative Analysis of Selected Developing Countries vs. Industrial Countries; Globalisation, Marginalisation and Growth in Emerging Market Economies; Globalisation of Real Estate Markets and Urban Development in Central Europe; The Challenges of Globalisation: The Role of the World Bank; The Meaning and Limitation of Public Life under Global Capitalism; Violence and State (Re)Formation in the African Context: Global and Local Aspects of Crisis and Change; State Ideology, Global Economy and Coping Strategies; Index.

In what are generally understood as unsettled times, this book explores the possibility and desirability of bringing integrated theory back into globalization research. While there can hardly be a single and all-encompassing ‘grand theory’ of globalization-in-itself, is there scope for the development of a general and systematic approach to globalization dynamics, past and present? In other words, can theorizations of the global be holistic and integrative, taking place in tandem with methodological frameworks that consider the contradictory and uneven layering of different transnational practices across all social relations? Is it possible to develop a general and integrated approach to globalization that links theory and practice in a socially engaged way, and is it desirable to do so? Many relevant academic and non-academic developments suggest not. For example, the postmodernist turn at the end of the last century expressed a profound ‘incredulity’ toward ‘grand narratives’ in the social sciences and humanities. A decade later, some neo-Marxist critics condemned the ‘follies of globalization theory’. More recently, the ‘post-truth’ interventions of national populists suggest not only that ‘globalism’ is the political enemy but also that attempts to understand its patterns and manifestations are relative or irrelevant. Taking Manfred Steger and Paul James’ acclaimed book Globalization Matters as a back-drop against which to interrogate these issues, contributors from a variety of disciplinary, analytical and normative standpoints deliver a thoughtful and much needed assessment of the scholarship of globalization and the ways it is theorized. The chapters in this book were originally published as a special issue of the journal Globalizations.

A case for why regionalization, not globalization, has been the biggest economic trend of the past forty years The conventional wisdom about globalization is wrong. Over the past forty years as companies, money, ideas, and people went abroad more often than not, they looked regional rather than globally. O'Neil details this transformation and the rise of three major regional hubs in Asia, Europe, and North America. Current technological, demographic, and geopolitical trends look only to deepen these regional ties. O'Neil argues that this has urgent implications for the United States. Regionalization has enhanced economic competitiveness and prosperity in Europe and Asia. It could do the same for the United States, if only it would embrace its neighbors.

A powerful case for the global market economy The debate on globalization has reached a level of intensity that inhibits comprehension and obscures the issues. In this book a highly distinguished international economist scrupulously explains how globalization works as a concept and how it operates in reality. Martin Wolf confronts the charges against globalization, delivers a devastating critique of each, and offers a realistic scenario for economic internationalism in the future. Wolf begins by outlining the history of the global economy in the twentieth century and explaining the mechanics of world trade. He dissects the agenda of globalization’s critics, and rebuts the arguments that it undermines sovereignty, weakens democracy, intensifies inequality, privileges the multinational corporation, and devastates the environment. The author persuasively defends the principles of international economic integration, arguing that the biggest obstacle to global economic progress has been the failure not of the market but of politics and government, in rich countries as well as poor. He examines the threat that terrorism poses and maps the way to a global market economy that can work for everyone.