| dbo:abstract |
New constitutionalism is derived from the classical neo-liberalism framework and represents a set of political policies that promote a new global order. The goal of new constitutionalism is to separate the democratic and economic practices by shifting economic aims from the regional and national level to the global level through constitutional framework. The purpose of this shift is to create global supremacy and promote a free capitalist system. Central ideas of neoliberalism have been advanced to create policies and practices to achieve global governance. New constitutionalism provides power to the private realm and limits power of state governance and public corporations. The transferring of power creates an informal self-regulatory setting allowing for the dismissal of public scrutiny and transparency. New constitutionalism has reshaped the structure of control to allow “locking in” mechanisms to occur to prevent intervention from the democratic realm and to enhance economic objectives. This protects markets from regional interference and allows global influence in order to promote imperialism. The development of new constitutionalism is the result of globalization and the growing need for global hegemony. Institutions have gained power in regards to trade, mobility, and flexibility through the framework of new constitutionalism. The World Trade Organization, International Monetary Fund, the North American Free Trade Agreement, and the European Union are all actors contributing to the power of global supremacy. New constitutionalism as a political order emerged in the latter half of the 20th century and the term was coined by academic Stephen Gill. The need for economic constitutional change was the result of crisis in political order correspondingly to the Russian Revolution and the Cold War as well as the progress of globalization through technological means. Since then the disciplinary has grown in acceptance due to the global financial crisis of 2007 and the need for largescale stabilization in its aftermath. Theorists have subsequently developed the social and economic practices both in support and disagreement of the framework to provide a comparative outlook. (en) |
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New constitutionalism is derived from the classical neo-liberalism framework and represents a set of political policies that promote a new global order. The goal of new constitutionalism is to separate the democratic and economic practices by shifting economic aims from the regional and national level to the global level through constitutional framework. The purpose of this shift is to create global supremacy and promote a free capitalist system. (en) |
| rdfs:label |
New constitutionalism (en) |
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