Globalization and Capitalist Geopolitics: Sovereignty and State Power in a Multipolar World

295 Pages·2015·6.99 MB·English

by  Daniel Woodley

GLOBALIZATION
Series Editors: Barry K. Gills, University of Helsinki, Finland and Kevin Gray, University of Sussex, UK.
G
GLOBALIZATION AND L
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CAPITALIST GEOPOLITICS
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I
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A
GEOPOLITICS
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Daniel Woodley I
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Globalization and Capitalist Geopolitics is concerned with the growth of transnational A
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corporate power against the backdrop of the decline of the West and the struggle by Sovereignty and state power
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non-Western states to challenge and overcome domination of the rest of the world by
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in a multipolar world
the West. At the centre of the study is the problematic status of the US as guarantor A
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of global security and imperial nation in decline. The declining power of America in
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a multipolar world places a question mark under the future of Western leadership of A
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globalization. I
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Woodley interrogates the structure of contemporary world order and examines G
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competing approaches to globalization and global capitalism in international relations
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and international political economy. He engages with key scholars in the field, and P
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provides an authoritative yet accessible commentary on debates on globalization and
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geopolitics in the wake of the global financial crisis. IT
I
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In a period of increasing geopolitical insecurity and geoeconomic transition, this book is S
a major contribution to the debate on globalization. It is a key resource for students and
scholars seeking a deeper understanding of the historical and economic determinants
of neoliberal capitalism, the impact of global economic convergence for Western
economies, and the implications of globalization for the reconstruction of contemporary
world order.
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Daniel Woodley teaches politics at DLD College in London. He is the author of numerous l W
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articles and textbooks on ideology and political theory, including Fascism and Political
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Theory (2010), also published by Routledge. d
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POLITICS / INTERNATIONAL RELATIONS / GLOBALIZATION
ISBN 978-0-415-74505-5
Daniel Woodley
www.routledge.com
9 780415 745055 Routledge titles are available as eBook
Cover image: © Shutterstock editions in a range of digital formats
Globalization and Capitalist Geopolitics
Globalization and Capitalist Geopolitics is concerned with the growth of
transnationalcorporatepoweragainstthebackdropofthedeclineoftheWest
and the struggle by non-Western states to challenge and overcome domina-
tion of the rest of the world by the West. At the centre of the study is the
problematic status of the US as guarantor of global security and imperial
nation in decline. The declining power of America in a multipolar world
places a question mark under the future of Western leadership of globalization.
Woodley interrogates the structure of contemporary world order and
examines competing approaches to globalization and global capitalism in
international relations and international political economy. He engages with
key scholars in the field, and provides an authoritative yet accessible com-
mentaryondebatesonglobalizationand geopoliticsinthewakeof theglobal
financial crisis.
In a period of increasing geopolitical insecurity and geoeconomic transi-
tion, this book is a major contribution to the debate on globalization. It is a
key resource for students and scholars seeking a deeper understanding of the
historical and economic determinants of neoliberal capitalism, the impact of
global economic convergence for Western economies, and the implications of
globalization for the reconstruction of contemporary world order.
DanielWoodley teaches politics at DLD College in London. He isthe author
of numerous articles and textbooks on ideology and political theory, including
Fascism and Political Theory (2010), also published by Routledge.
Rethinking Globalizations
Edited by Barry K. Gills, University of Helsinki, Finland and
Kevin Gray University of Sussex, UK.
This series is designed to break new ground in the literature on globalization
and its academic and popular understanding. Rather than perpetuating or
simply reacting to the economic understanding of globalization, this series
seekstocapturethetermandbroadenitsmeaningtoencompassawiderange
of issues and disciplines and convey a sense of alternative possibilities for the
future.
1. Whither Globalization? 7. Challenging Euro-America's
The vortex of knowledge Politics of Identity
and globalization The return of the native
James H. Mittelman Jorge Luis Andrade Fernandes
2. Globalization and 8. The Global Politics
Global History of Globalization
Edited by Barry K. Gills and “Empire” vs “Cosmopolis”
William R. Thompson Edited by Barry K. Gills
3. Rethinking Civilization 9. The Globalization of
Communication and terror in Environmental Crisis
the global village Edited by Jan Oosthoek and
Majid Tehranian Barry K. Gills
4. Globalization and Contestation 10. Globalization as
The new great counter-movement Evolutionary Process
Ronaldo Munck Modeling global change
Edited by Geroge Modelski,
5. Global Activism Tessaleno Devezas and
Ruth Reitan William R. Thompson
6. Globalization, the City and Civil 11. The Political Economy of
Society in Pacific Asia Global Security
Edited by Mike Douglass, War, future crises and changes
K.C. Ho and Giok Ling Ooi in global governance
Heikki Patomäki
12. Cultures of Globalization 20. Globalization and
Coherence, hybridity, Popular Sovereignty
contestation Democracy’s transnational
Edited by Kevin Archer, dilemma
M. Martin Bosman, Adam Lupel
M.MarkAmenandEllaSchmidt
21. Limits to Globalization
13. Globalization and the Global North-South divergence
Politics of Justice William R. Thompson and
Edited by Barry K. Gills Rafael Reuveny
14. Global Economy Contested 22. Globalisation, Knowledge
Power and conflict across the and Labour
international division of labor Education for solidarity within
Edited by Marcus Taylor spaces of resistance
Edited by Mario Novelli and
15. Rethinking Insecurity, War Anibel Ferus-Comelo
and Violence
Beyond savage globalization? 23. Dying Empire
Edited by Damian Grenfell and U.S. imperialism and
Paul James global resistance
Francis Shor
16. Recognition and Redistribution
Beyond international 24. Alternative Globalizations
development An integrative approach to
Edited by Heloise Weber and studying dissident knowledge in
Mark T. Berger the global justice movement
S. A. Hamed Hosseini
17. The Social Economy
Working alternatives in a 25. Global Restructuring, Labour
globalizing era and the Challenges for
Edited by Hasmet M. Uluorta Transnational Solidarity
Edited by Andreas Bieler and
18. The Global Governance of Food Ingemar Lindberg
Edited by Sara R. Curran,
April Linton, Abigail Cooke and 26. Global South to the Rescue
Andrew Schrank Emerging humanitarian
superpowers and globalizing
19. Global Poverty, Ethics and rescue industries
Human Rights Edited by Paul Amar
The role of
multilateral organisations 27. Global Ideologies and Urban
Desmond McNeill and Landscapes
Asunción Lera St. Clair Edited by Manfred B. Steger
and Anne McNevin
28. Power and 36. Edges of Global Justice
Transnational Activism The World Social Forum and
Edited by Thomas Olesen Its ‘Others’
Janet Conway
29 Globalization and Crisis
Edited by Barry K. Gills 37. Land Grabbing and
Global Governance
30. Andre Gunder Frank and Edited by Matias E. Margulis,
Global Development Nora McKeon and
Visions, remembrances Saturnino Borras Jr.
and explorations
Edited by Patrick Manning and 38. Dialectics in World Politics
Barry K. Gills Edited by Shannon Brincat
31. Global Social Justice 39. Crisis, Movement, Management:
Edited by Heather Widdows and Globalising Dynamics
Nicola J. Smith Edited by James Goodman and
Jonathan Paul Marshall
32. Globalization, Labor Export
and Resistance 40. China’s Development
A study of Filipino migrant Capitalism and Empire
domestic workers in Michel Aglietta and Guo Bai
global cities.
Ligaya Lindio-McGovern 41. Global Governance and
NGO Participation
33. Situating Global Resistance Charlotte Dany
Between Discipline and Dissent
Edited by Lara Montesinos 42. Arab Revolutions and
Coleman and Karen Tucker World Transformations
Edited by Anna M. Agathangelou
34. A History of World Order and Nevzat Soguk
and Resistance
The Making and Unmaking of 43. Global Movement
Global Subjects Edited by Ruth Reitan
André C. Drainville
44. Free Trade and the Transnational
35. Migration, Work and Citizenship Labour Movement
in the New Global Order Edited by Andreas Bieler,
Edited by Ronaldo Munck, Bruno Ciccaglione, John Hilary
Carl-Ulrik Schierup and and Ingemar Lindberg
Raúl Delgado Wise
45. Counter-Globalization and 53. Labour and Development in
Socialism in the 21st Century East Asia
The Bolivarian Alliance for the Social Forces and
Peoples of our America Passive Revolution
Thomas Muhr Kevin Gray
46. Global Civil Society and 54. Global Capitalism and
Transversal Hegemony Transnational Class Formation
The Globalization-Contestation Edited by Jason Struna
Nexus
Karen M. Buckley 55. Rethinking Border Control for a
Globalizing World
47. Contentious Agency and Natural A Preferred Future
Resource Politics Edited by Leanne Weber
Markus Kröger
56. Global Governance, Legitimacy
48. Social Movements, the Poor and and Legitimation
theNew Politics of theAmericas Edited by Magdalena Bexell
Edited by Håvard Haarstad,
Mark Amen and 57. Critical Rationalism
Asuncion Lera St Clair and Globalisation
Towards the Sociology of the
49. Development in an Era of Open Global Society
Neoliberal Globalization Masoud Mohammadi Alamuti
Edited by Henry Veltmeyer
58. Globalisation Development and
50. The State–Capital Nexus in the Social Justice
Global Crisis A Propositional
Rebound of the Capitalist State Political Approach
EditedbyBastiaanvanApeldoorn, Edited by Ann El-Khoury
Naná de Graaff and
Henk W. Overbeek 59. Globalization: The Career of
a Concept
51. From Empires to Imperialism Edited by Manfred Steger and
The State and the Rise of Paul James
Bourgeois Civilisation
Boris Kagarlitsky, translated by 60. Globalization and
Renfrey Clarke Capitalist Geopolitics
Sovereigntyandstatepowerina
52. Global Justice and the Politics multipolar world
of Information Daniel Woodley
The Struggle over Knowledge
Sky Croeser

Globalization and Capitalist
Geopolitics
Sovereignty and state power in a
multipolar world
Daniel Woodley
Firstpublished2015
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Contents
List of tables x
Preface xiii
Acknowledgements xvi
1 Globalization andworld order 1
2 Capitalist sovereignty 22
3 Corporate globalization 47
4 The state form of transnational capital 74
5 The crisis of Western economic power 106
6 Towards a posthegemonic global growth system 141
7 Capitalist geopolitics 175
Abbreviations 216
Bibliography 218
Index 267