Globalization after De-globalization.

Globalization began in the late 1970s, shifted into "hyperglobalization" in the first decade of the twenty-first century, hit "peak globalization" around 2011, and has in the past 10 years given way to "de-globalization," characterized by nationalism and protectionism. The rules of globalization wer...

Descripción completa

Detalles Bibliográficos
Publicado en:Social Research Vol. 91; no. 3; pp. 939 - 972
Autor principal: Milberg, William
Formato: Artículo
Publicado: Johns Hopkins University Press Fall2024
Materias:
Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:Globalization began in the late 1970s, shifted into "hyperglobalization" in the first decade of the twenty-first century, hit "peak globalization" around 2011, and has in the past 10 years given way to "de-globalization," characterized by nationalism and protectionism. The rules of globalization were built on a theory of competitive markets, while the world was in fact riven with growing asymmetries of power and a strong policy bias toward capital. This bias must be eliminated if the global economy is to become more democratic and sustainable as we emerge from this moment of de-globalization.