• Summary
  • Contents
  • Subject index

Politics of Globalization presents an up-to-date perspective on the kaleidoscopic politics of globalization. The authors analyze the existing definitions of capitalism and argue that globalization and the consequent growing multi-polarity in world politics is not a crisis but a proliferation of capitalisms. This network of capitalisms becomes the framework of the politics of the new globalization.

Globalization Theory or Theories of (Capitalist) Globalization: The Political Implications of the Distinction
Globalization theory or theories of (capitalist) globalization: The political implications of the distinction
RayKiely

This chapter is concerned with the relationship between capitalism and globalization. Before presenting an outline of capitalism, I first establish why it is necessary to link capitalism and globalization. I do so by providing a critique of two influential sociological accounts of globalization, associated with the work of Anthony Giddens and Manuel Castells. The first section outlines and critiques these approaches, arguing that Giddens' account of globalization conflates agency and outcome, and as a result underestimates the importance of agency, power relations and historical specificity. Castells' work effectively tries to incorporate these factors into his analysis, but it too suffers ...

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