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Business & Economics Business Development

Globalization and the Decline of Social Reform

Into the Twenty-First Century

by (author) Gary Teeple

Publisher
University of Toronto Press
Initial publish date
Mar 2000
Category
Business Development, Globalization
  • Paperback / softback

    ISBN
    9781551930268
    Publish Date
    Mar 2000
    List Price
    $37.95
  • eBook

    ISBN
    9781442602632
    Publish Date
    Mar 2000
    List Price
    $22.95

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Description

Globalization is the coming of the 'triumph of capitalism,' the growing ascendancy of economics over politics, of corporate demands over public policy, of private over public interest. It represents the approaching completion of the capitalization of the world, carried out by 'self-generating capital' in the form of transnational corporations within an increasingly coherent transnational regulatory regime.

Neo-liberal policies at the national level, argues the author, represent the policy side of globalization, the political requirements of global capital, the harmonization of the national with the global. They mark the transition between two eras, from a world of national corporations and nation states to a world of transnational corporations and supranational regulatory agencies.

The author examines the postwar conditions that gave rise to the modern welfare state and the politics of social democracy throughout the industrial world. He traces the transformation of these conditions in the 1970s with the coming of a computer-based mode of production and the consequent necessity for global relations of production. In the face of global assertions of the rights of corporate private property, he makes the case that the world's subordinate classes and peoples will have to create global means of resistance.

About the author

Gary Teeple is a professor in the Department of Sociology and Anthropology at Simon Fraser University.

Gary Teeple's profile page