Saving the Social Bond and Recovering the Public Domain (original) (raw)

The Governance of Globalization: Global Political Authority, Solidarity and Subsidiarity

2013

financial transactions have replaced human relations and a wise risk assessment. And the market itself, which is not an abstract mechanism but an institution and a place for relations, is in urgent need of rules. Such a crisis has materialized into a real lust for wealth, fuelled by speculation and irrational financial betting, in a ruthless desire for rapid enrichment. Global finance turned out to be based on very short-term rationales, almost exclusively aimed at maximizing the value increase of the activities themselves, indifferent to aspects that are not the speculative ones and unconnected with any consideration of the common good. We should investigate the violations of basic ethical standards of fairness and justice which have taken place in the process of economic globalization, the lies that were told to the detriment of savings accounts and the thefts perpetrated. Finance cannot be an independent and crazy variable, nor can it separate work and wealth, implying that the l...

Globalization and Global Justice in Review

2014

Globalization connects everyone, from the world’s poorest slum dweller tothe richest billionaire. Globalization and Global Justice starts by giving a newargument for the conclusion that coercive international institutions —whosesubjects who are likely to face sanctions for violation of their rules— mustensure that everyone they coerce secures basic necessities like food, waterand medicines. It then suggests that it is possible for coercive institutionsto fulfill their obligations by, for instance, providing international aid andmaking free trade fair. This overview sketches the argument in the book’sfirst half, as which is the focus of the papers in the symposium.

Making Globalization Work: Towards Global Economic Justice

Globalization as a corporate-led process has come under much justifiable criticism. This paper attempts to give the term analytic content distinct from its more ideological formulations.. It then focuses on a normative analysis of globalization from the capabilities perspective. A freedom-centered perspective such as the capabilities approach emphasizes policies and institutions that can enhance freedom globally and locally. A global governance structure based on transparent principles of both economic efficiency and social justice is shown to be a desirable state of affairs; however, the present fractured process of globalization is more likely to end up in a fragmenting regionalism or even national protectionism and rivalry. Multilateral cooperation on the basis of the framework advanced here is an urgent necessity.To this end the creation of international regimes of cooperation in areas ranging from trade and finance to ecological and women's and minorities rights issues must...

Economic Globalization and Institutions of Global Governance

Development and Change, 2003

Economic globalization is reducing the significance of state boundaries. We have a global economy but lack the institutions necessary for a global polity. Unilateral action by a would–be hegemon is untenable in the long term and hence there is a need to discuss our institutions of global governance. The benefits and costs of globalization have been distributed asymmetrically, placing poor people in poor countries at a disadvantage, especially as regards the free movement of low–skilled labour and the creation of intellectual property rights. The World Trade Organization, a target of the critics of globalization, should be seen as a welcome extension of the rule of law to the international arena and a counterweight to unilateralism. More generally, global economic liberalism should be balanced by institutions which provide global public goods and international mechanisms to finance them. All of this implies a further weakening of state sovereignty and a need to ensure that global ins...

Globalization and Global Justice

The Blackwell Encyclopedia of Sociology (2nd ed.), 2022

Global justice (GJ) is a term that lies at the heart of the question of fair distribution of benefits and burdens across the world. While it has been, to date, mostly political philosophers who examined the normative underpinnings of the obligations to the globally disadvantaged and left behind, the deep-seated processes of globalization continue to have a real and tangible impact on the lives and fortunes of people all around the world. After painting in broad strokes the two approaches (minimalist and cosmopolitan) on GJ, the article points to the possible ways through which sociological inquiry can be informed by this rich conversation, and can in turn inspire new directions in the debate. [First published: 23 April 2021 https://onlinelibrary.wiley.com/doi/10.1002/9781405165518.wbeosg054.pub2\]

GLOBAL GOVERNANCE AND GLOBALIZATION

GLOBAL GOVERNANCE AND GLOBALIZATION, 2016

This book argues that, though further elaborations are necessary in the light of new developments within capitalism since the late 1970s, the concept of imperialism is still a powerful one both analytically and politically, since the immanent contradictions and distinctive features of capitalism are at the centre of the analysis. 1990s. To put it differently, this book is an attempt to break the inherent relationship between the common literature and the idea of ‘globalization’ which reflects itself in the conceptualization of transition to a supra/trans-national phase and the emergence of a transnational state through re-conceptualization of its major problematics and concepts within the context of capitalism imperialism. To begin with, the time period between the early 1990s and the mid-2000s witnessed the rise and the hegemony of the idea of ‘globalization’ in social sciences as well as the intellectual sphere, politics and the daily life. This rise and the hegemony of the concept of ‘globalization’ reflect itself in what Held and McGrew (2003) calls the “great globalization debate”. Clearly, there are various approaches within this debate to the term ‘globalization’, which consist of different methodologies and theoretical positions. Since, it is not possible to review this massive literature, this book shares the distinction provided by Rosenberg (2000) both for the sake of simplicity and for the categorization of the literature on ‘globalization’ on a broader methodological standpoint. Rosenberg (2000) makes a distinction between “globalization theory” and “theories of globalization” on the basis of the logical construction of the arguments. This book claims that, it is the “globalization theory” or “globalist” interpretation of ‘globalization’ that dominated the literature on ‘globalization’ and provided the concept of ‘globalization’ its analytical power. Moreover, according to this book , it is this version of the literature that resulted in severe consequences for the “theories of globalization” as well. Thus, this book argues that a return to the concept of imperialism can also help to overcome this disconnection.