Wednesday, December 9, 2009

Neo Liberal Globalization

The last reading of the semester pertains to Neo Liberal Globalization. According to David Held and associates, cosmopolitan democracy is another potential challenge to Neo Liberal Globalization, by reforming the globalization process on all scales, small and large. Although viewed as Euro centric in nature the theory lacks so to say real world accommodations accounting for what's really going on. This leads to three problematic consequences and one critique to interpret the period in which NeoLiberal Globalization is occurring. In the article the term Globalization is defined by as an ever expanding system relying on one another. A second part to the definition is effects of "spatial-temporal" conditions, or the effects of organizing society.
The term Globalization originates from the term Globalism, or the belief that everything is in unison. Neo Liberalism and Neo liberal globalization seems to be one of the only other rational solutions to economic problems. This term again viewed by critiques ranging from local to national. One example of this is public speech, where throughout"speech" and "action" and a response incites a new way to organize society compared to that of government. Another aspect that makes up Neo liberal globalization is the freedom of speech and private property rights which some Authoritarian states prevent, but this serves as an example to relate to no "private property" as a key component. This article eventually eludes to the fact that Neo liberal globalization strengthens the elites, decreases the middle class, and impoverishes the already poor. Basically serving to continue separating society in a different way. It also has its advantages such in European health care, but its cons out weigh its pros's. Ne liberal Globalization seems to open up a alternative network in society by other ways of organization. As for any form of Globalization it has it's perks and downfalls, allowing for new possibilities while limiting others. I find it interesting that our society claims to be one thing such as democratic but implements many forms of social organization. I cannot see that all factors of this theory would ever be implemented in the United States or other European countries, but the possibility of combining local and national reforms in organization and government would be more likely. What do you think?

1 comment:

  1. I agree with you on neoliberalism being another solution to an economic problem, and there is nothing wrong with that. Our society is run on a system of trial and error. This just happened to be an error that was a negative for the lower and middle class. I definitely do not see this happening in Europe, because there are a lot of sectors that the government takes care of that is would be lost without. If free trade was implemented in Europe the welfare system and child care system that has been working so well would be shot. America is still very young and is in need of so changes, so I feel that a neoliberalism is closer than in Europe. Never say never, things can always change, quite often unexpectedly.