The Clash Of Globalisations: Neo-Liberalism, The Third Way And Anti-Globalisation

336 Pages·2005·1.06 MB·English

by  Ray Kiely

The Clash of Globalisations
Historical
Materialism
Book Series
Editorial Board
Paul Blackledge, Leeds – Sebastian Budgen, Paris
Jim Kincaid, Leeds – Stathis Kouvelakis, Paris
Marcel van der Linden, Amsterdam
China Miéville, London – Paul Reynolds, Lancashire
VOLUME 8
The Clash of Globalisations
Neo-Liberalism, the Third Way
and Anti-Globalisation
by
Ray Kiely
BRILL
LEIDEN•BOSTON
2005
This book is printed on acid-free paper.
Library of Congress Cataloging-in-Publication Data
Kiely, Ray, 1964–
The clash of globalisations : neo-liberalism, the third way, and anti-
globalisation/by Ray Kiely.
p. cm. — (Historical materialism book series, ISSN 1570–1522 ; v. 8)
Includes bibliographical references and index.
ISBN 90-04-143 18-1 (alk. paper)
1. Globalization. 2. Anti-globalization movement. I. Title: Clash of
globalizations. II. Title. III. Historical materialism book series ; 8.
JZ1318.K54 2005
303.408'2–dc22
2004065466
ISSN 1570-1522
ISBN 90 04 14318 1
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PRINTED IN THE NETHERLANDS
To Emma and Will, with love

Contents
Acknowledgements ........................................................................................ xi
Chapter One Introduction .......................................................................... 1
PART ONE
ACTUALLY EXISTING GLOBALISATION
Chapter Two Capitalism, Globalisation and Uneven
Development .................................................................................................. 13
2.1 Globalisation theory: Giddens and Castells ................................ 14
2.2 Capitalism, the state and uneven development .......................... 25
2.3 Conclusion .......................................................................................... 46
Chapter Three From Bretton Woods to Neo-Liberal Globalisation .... 48
3.1 The Golden Age: post-war capitalism, 1947 to 1973 .................. 49
3.2 The end of the Golden Age and the rise of neo-liberalism ...... 56
3.3 Neo-liberalism in the 1980s ............................................................ 63
3.4 Summary ............................................................................................ 77
Chapter Four Globalisation and the Third Way in the 1990s .............. 81
4.1 The globalisation project 1: globalisation and the Third Way
revisited .............................................................................................. 82
4.2 The globalisation project 2: the Third Way and
development ...................................................................................... 87
4.3 The reality of globalisation 1: the new economy in the
United States ...................................................................................... 96
4.4 The reality of globalisation 2: emerging markets in the 1990s 102
viii • Contents
4.5 Global finance and US hegemony .................................................. 109
4.6 The WTO and the expansion of free trade .................................. 117
4.7 Conclusion: Third-Way ideology and the reality of
globalisation ........................................................................................ 125
Chapter Five Globalisation, Inequality and Poverty ............................ 126
5.1 Economic globalisation: trade, investment and finance ............ 127
5.2 Globalisation and growth, poverty and inequality .................... 136
5.3 Globalisation and uneven development: US hegemony, and
the end of ‘labour-friendly’ and ‘development-friendly’
régimes ................................................................................................ 149
5.4 Conclusion: globalisation and the anti-globalisation
movement .......................................................................................... 159
PART TWO
‘ANTI-GLOBALISATION’
Chapter Six The Politics of Anti-Globalisation and Alternative
Globalisations .................................................................................................. 165
6.1 What is wrong with actually existing globalisation? .................. 166
6.2 Alternatives to anti-globalisation .................................................. 176
6.3 Conclusion: globalisation and spaces of resistance .................... 189
Chapter Seven Civil Society 1. National Social Movements and
Anti-Globalisation Politics ............................................................................ 192
7.1 Progressive politics: old and new Lefts ........................................ 194
7.2 Social and political movements in the South .............................. 204
7.3 Social movements and the ‘new’ politics of resistance:
an assessment .................................................................................... 210
7.4 Conclusion: social movements, cultural politics and the
commons ............................................................................................ 222
Contents • ix
Chapter Eight Civil Society 2. No Sweat, No Debt, No War:
Transnational Social Movements and Global Civil Society .................... 226
8.1 Transnational capital and global resistance .................................. 227
8.2 No debt .............................................................................................. 229
8.3 International trade unionism and no sweat ................................ 232
8.4 War and the anti-globalisation movement .................................. 242
8.5 Conclusions: global solidarity, the nation-state and
transnational civil society ................................................................ 250
Chapter Nine Anti-Globalisation and Progressive Politics:
Capitalism, Socialism and Populism in the Twenty-First Century ...... 255
9.1 The progressiveness of capitalism .................................................. 256
9.2 Alternatives within capitalism ........................................................ 262
9.3 Agency, globalisation and anti-globalisation ................................ 275
9.4 Conclusion: alternatives to capitalism? ........................................ 286
Chapter Ten Conclusions .......................................................................... 292
10.1 Globalisation as process ................................................................ 292
10.2 Globalisation as project .................................................................. 293
10.3 Globalisation as outcome .............................................................. 297
10.4 The clash of globalisations ............................................................ 299
References ........................................................................................................ 301
Index ................................................................................................................ 319