How has globalization changed social inequality? In this groundbreaking book, Globalization and Inequalities, Sylvia Walby examines the many changing forms of social inequality and their intersectionalities at both country and global levels. She shows how the contest between different modernities and conceptions of progress shape the present and future.
The book re-thinks the nature of economy, polity, civil society and violence. It places globalization and inequalities at the center of an innovative new understanding of modernity and progress and demonstrates the power of these theoretical reformulations in practice, drawing on global data and in-depth analysis of the U.S. and EU.
Walby analyzes the tensions between the different forces that are shaping global futures. She examines the regulation and deregulation of employment and welfare; domestic and public gender regimes; secular and religious polities; path dependent trajectories and global political waves; and global inequalities and human rights.
Globalization and Inequalities is essential reading for undergraduate and graduate students and academics of sociology, social theory, gender studies and politics and international relations, geography, economics and law.
Chapter 11: Contested Futures
There are contested futures, contested forms of modernity. The financial crisis of 2007–2009 and the ensuing recession/depression in the real economy create the potential for a global tipping point away from neoliberalism. There may be an alternative form of global modernity that is either social democratic or one that is nationalist, protectionist, authoritarian, and xenophobic. Whether the future is neoliberal, social democratic or something else depends in part on whether the USA or the EU leads in the creation of the new financial architecture that is constructed to replace the old. While the global South has been increasing its influence in global governance, at this moment the key contesting forces are still the hegemons of the USA and EU, although these hegemons ...