Arguments against globalisation: The 'Hollowing out' of politics & democracy
- Created by: Katie Beaumont
- Created on: 11-04-17 11:22
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- 'HOLLOWING OUT' of POLITICS & DEMOCRACY
- Economic globalisation DIMINISHES the INFLUENCE OF NATIONAL GOVTS
- Therefore, PUBLIC ACCOUNTABILITY is RESTRICTED
- INWARD INVESTMENT & international competition PRESSURES ATTRACT STATE POLICY
- To INTEGRATE into the GLOBAL ECONOMY, states must REFORM TAX &DECREASE WELFARE STATE
- NEOLIBERALISM
- Makes the rich RICHER & poor POORER
- E.g. SENEGAL/INDONESIA
- NEOLIBERALISM
- Global CAPITALISM does NOT spread DEMOCRACY because it makes states more AUTHORITARIAN
- This is due to the fact that global capitalism INTRODUCES MARKET REFORMS, such as NEOLIBERALISM
- STATE CAPITALISM
- This is due to the fact that global capitalism INTRODUCES MARKET REFORMS, such as NEOLIBERALISM
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