Power in the Global Era: Grounding Globalization

Power in the Global Era: Grounding Globalization
Format
Hardback
Publisher
Palgrave Macmillan
Country
United Kingdom
Published
8 September 2000
Pages
221
ISBN
9780333778845

Power in the Global Era: Grounding Globalization

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This volume discusses the effects of globalization on changing power relationships between transnational corporations (TNCs), and transnational capital, the state, and subnational groups. TNCs have expanded their power with the deepening of market relations, but they are not causing the state to wither away. Indeed, neoliberal changes often occur with the permission or even encouragement of powerful states. Transnational capital has weakened labour groups in order to make production more competitive, but the disadvantaged groups may mobilise to counter the power of transnational capital. Finally, globalization is subjecting domestic policies to increased international scrutiny.

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