This article is an analysis of Anthony Giddens' attempt to articulate a globalization-friendly alternative to traditional social democracy (the `old' Left) and neo-liberal market fundamentalism (the `new' Right). Specifically, I focus on Giddens' insistence that globalization is not merely an economic phenomenon but also, and more profoundly, a political and cultural force of `time-space distanciation'. Whereas Giddens conceives of a direct causal connection between the disembedding forces of globalization and outcomes of democratization, I argue that such a conception is deeply flawed. Indeed, rather than develop a politically useful explanatory social theory of the complex relationship between globalization and democracy, Giddens' `third way' theorizing merely hypostatizes the former by invoking it as a cause of the latter. I provide a series of arguments designed to highlight the weaknesses of Giddens' position, and conclude by questioning the general thesis that underlies Giddens' account of globalization.

Disembedded Democracy? Globalization and the “Third Way”’, JosephD.LewandowskiEuropean Journal of Social Theory, 6 (1) (2003): 115–131. Published by SAGE Publications Ltd. Reprinted with permission.
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