By Jan Aart Scholte
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Additional info for Globalization, Second Edition: A Critical Introduction
For example, certain authors insist that globalization has done nothing to undermine sovereign statehood (Thomson and Krasner, 1989; Krasner, 1993). According to this view a state could, if it wished, extricate itself from global relations that would otherwise limit its autonomy. ) do not necessarily undermine the state and indeed may in some cases strengthen it (Mann, 1997). Likewise, these perspectives maintain that the state retains substantial capacities to govern global economic activities (Boyer and Drache, 1996; Weiss, 1998; Hirst and Thompson, 1999).
Countless other social commentators have also been tempted at one or the other moment to issue a similar sweeping pronouncement about the world-historical significance of contemporary globalization. Yet what, more specifically, is the character of social change in the context of current globalization? Indeed, has increased global-ness in contemporary life significantly reshaped the primary structures of social relations? Is there anything veritably new in this purported ‘new world order’? ) while leaving the underlying social framework intact?
However, globalization has not put the structure of capitalism itself under threat. If anything, the current more global situation has become one of hypercapitalism. Chapter 6, regarding globalization and governance, suggests that greater transplanetary connectivity has promoted a shift from a statist to a polycentric mode of regulation. This chapter first dismisses frequently heard claims that heightened globalization is prompting a general retreat or even demise of Introduction 5 the territorial state.