Globalization, Privatization and Free Market Economy

By C. P. Rao | Go to book overview

CHAPTER 2
Concept and Reality in
Globalization Theory

NOËL O'SULLIVAN

Globalization seems to be the most fashionable economic concept of the 1990s. 1 The precise meaning of this term, however, is far from clear. Sometimes it is used in a relatively restricted descriptive sense to refer to a variety of trends in contemporary economic and political life. It is also used in a much broader sense to refer to the emergence of "new forms of world interdependence, in which . . . there are no 'others.'" 2 The concern here is with a closer consideration of both the narrower and broader conceptions of globalization, in order to to decide whether in fact any new or distinctive developments in the world order may be said to constitute a uniquely late-modern, or postmodern, kind of global identity.

The chapter is presented in five parts. The first considers briefly the great dream (or myth) that has inspired defenders of globalization. The second looks at the most important doubts that have been expressed about it. The third tries to step back from the dream and the doubts, in order to give a more analytical account of the globalization concept. The fourth part considers the political options that are open to us in responding to it. The final part attempts to give some idea of the problems that the future holds for societies, both developed and developing, which commit themselves to competition in the global market.


THE DREAM THAT HAS INSPIRED THE CONCEPT OF GLOBALIZATION

In order to understand why talk of globalization has become fashionable, it is necessary to remember that it is not merely an analytical concept, but also a highly emotive one. Its emotive appeal is at two levels, one of which is political, while the other extends much deeper. At the political level, the appeal is partly

-11-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this book

This book has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this book

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited page

Bookmark this page
Globalization, Privatization and Free Market Economy
Table of contents

Table of contents

Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
/ 286

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Author Advanced search

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.