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Chapter 4

Chapter 4. Political Dimension of globalization. Beyond the Nation-State: Intensification and Expansion Relate to. Principle of State Soveriegnty Growing impact of intergovernmental institutions Prospects for regional and global governance. Past – Us and Them.

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Chapter 4

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  1. Chapter 4 Political Dimension of globalization

  2. Beyond the Nation-State: Intensification and Expansion Relate to • Principle of State Soveriegnty • Growing impact of intergovernmental institutions • Prospects for regional and global governance

  3. Past – Us and Them Korean – Japanese stand-off concerning disputed island

  4. Now: two views • Hyperglobalists – deterritorialization of politics, rule, & governance • Global sceptics – reaffirm the nation-state & regional blocs further reaffirm the territorialization of the world

  5. Three fundamental questions • Have massive flows of capital, people, & technology curtailed power of Nation-State? • Are causes of these flows primarily political or economic? • Are we seeing the coming of global governance

  6. The background of Nation-State 1648 Peace of Westphalia • Impersonal states • All states have equal right to self-determination • Divide world into nation-states • Law resides in each state • International law minimal – enables coexistence • Cross border issues – limited to contending countries • All equal before law (but ignore power dynamics) • Differences are settled by force – power is key • Collective goal – maximize state freedom (less meddling across boundaries)

  7. Wilson & Post WWI • League of Nations – collective security by supranational institution

  8. New World Order • Response to Kuwait Invasion & Gulf War • “wrongful acts” across borders now international issue • End of Westphalia

  9. Hyperglobalist take • Yes – Nation-State system gone • Politics bows to economics – unstoppable technological change • Borderless world coming • Nation-States cannot re-introduce restrictive policies • Example – global capital markets drawf national monetary and fiscal policies

  10. LIBRA? https://www.wired.co.uk/article/facebook-libra-cryptocurrency-explained

  11. Global Skeptics • Political decisions unleashed economic/technological change • Bordered spaces still matter

  12. Steger’s view • Global markets do undermine power of nation-states • Some power devolved to • Cross-border regional groups • Possible multinational urban groups • Supra-national institutions • Nation states maintain some controls • Ability to make local economy more or less attractive • Backbone educational and infrastructure structures • Control of labor mobility • WILDCARD – monopoly over coercion – especially military

  13. In Class Exercise • Choose one of Held’s Schools of Globalization and argue your case

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