ISBN-13: 9780415124270 / Angielski / Twarda / 1999 / 294 str.
This volume presents a critique of the fashionable idea of globalization, where the kind of global economy that is in the process of forming is seen as the highest possible form of economy, and the neoliberal economic orthodoxy on which it rests. Global Neoliberalism locates the incoherence of neoliberal policy in the neoclassical theories of distribution and welfare on which it depends. These in turn are based on faulty assumptions about human nature and so are unable to answer the question; What leads to a good economic outcome?. Alternative egalitarian theories of welfarism from heterodox economics and political philosophy, especially those of Amartya Sen, are shown to provide an adequate normative framework for assessing economic outcomes. This volume interrogates whether any global economic mode of distribution can be proposed given the cultural and value diversity in the world. George DeMartino develops an internationalist ethic that tolerates cultural diversity while resisting oppression.
This text presents a devastating critique of the currently fashionable idea of globalisation. Using comprehensive and non-technical language this book looks at the world's cultural and value diversity, and questions whether it is possible to impose a global policy, given these differences. Topics covered include:
* theories of distribution and welfare
* what leads to a good economic outcome?
* Egalitarian theories of welfarism
* global neoliberalism and the free market culture.