Market vs. Justice Globalism
Market Globalism & Justice Globalism
Since the Industrial Revolution of the late 1800’s and early 1900’s, our planet has gone through a huge variety of changes. We can now drive cars, we have the Internet, we have TV, etc. One of the biggest changes though has been on the global level- not with ourselves. Due to increased availability to travel, and for ideas and situations to spread more rapidly, this has lead to a phenomenon called globalization. Globalization, simply put, refers to the interconnectedness of all of the nations and peoples in our world. We are all connected, we trade back and forth, share ideas, and even in some cases- share culture. This is both a good and a bad thing of course.
Since globalization began, there has been a huge argument about two different types of globalism and which type is better for the people engaged in such traditions. The two types are : market globalism and justice globalism. These two schools of thought are especially important today with the ever-increasing gap between rich and poor countries, and increasingly volatile international relations.
Manfred B. Steger, in his book entitled, “Globalization: A Very Short Introduction” defines market globalism as “seek[ing] to endow ‘globalization with free-market norms and neoliberal meanings.” He then states, with a short intro that I think is very telling of the political parties in our country, “contesting market globalism from the political Left, justice globalism contructs and alternative vision of globalization based on egalitarian ideals of global solidarity and distributive justice.” (Steger 99)
Market globalism is without question the dominant ideology of our time. Since around the Reagan administration, market globalism has been the main view. A big reason it is still prevalent today is because the main proponents of market globalism are very wealthy individuals and corporations. These individuals and corporations are usually in line with the
Since the Industrial Revolution of the late 1800’s and early 1900’s, our planet has gone through a huge variety of changes. We can now drive cars, we have the Internet, we have TV, etc. One of the biggest changes though has been on the global level- not with ourselves. Due to increased availability to travel, and for ideas and situations to spread more rapidly, this has lead to a phenomenon called globalization. Globalization, simply put, refers to the interconnectedness of all of the nations and peoples in our world. We are all connected, we trade back and forth, share ideas, and even in some cases- share culture. This is both a good and a bad thing of course.
Since globalization began, there has been a huge argument about two different types of globalism and which type is better for the people engaged in such traditions. The two types are : market globalism and justice globalism. These two schools of thought are especially important today with the ever-increasing gap between rich and poor countries, and increasingly volatile international relations.
Manfred B. Steger, in his book entitled, “Globalization: A Very Short Introduction” defines market globalism as “seek[ing] to endow ‘globalization with free-market norms and neoliberal meanings.” He then states, with a short intro that I think is very telling of the political parties in our country, “contesting market globalism from the political Left, justice globalism contructs and alternative vision of globalization based on egalitarian ideals of global solidarity and distributive justice.” (Steger 99)
Market globalism is without question the dominant ideology of our time. Since around the Reagan administration, market globalism has been the main view. A big reason it is still prevalent today is because the main proponents of market globalism are very wealthy individuals and corporations. These individuals and corporations are usually in line with the