Renewing the State

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Many view globalization as a technology-driven global order that has led to an intensification of interconnectedness among nations. This, however, is merely one facet of globalization, and does not presuppose the ideological homogenization or the rapid retrenchment of the welfare state that is currently underway.

The dispute over globalization is not about the intensification of global interconnectedness. Rather, it is over the vision of the global system that globalization projects. This vision entails a global economic system with identifiable rules of behaviour in trade, finance, taxation, investment policy, intellectual property rights, and currency convertibility, all of …