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On States and Globalisation

Pedro Jacob

Posted on November 30, 2018 03:17

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How does globalisation affect the role of the state?

Globalisation dilutes the influence of the state both at the domestic level and at an international level.

It empowers multinational corporations who can now operate across borders as they have sufficient power and money to overcome the seemingly insurmountable bureaucracy, even in “communist” China.

In many cases, these companies can effectively play smaller states off each other. For example, this is why Ireland is fighting the EU for its right not to tax Apple. Small countries will bend over backwards for the Apples & Amazons of the world because they bring jobs to their citizens.

The governments responsible for convincing them will then claim credit for the resulting economic benefit, even as they let these businesses off the hook for billions in tax revenue.

Larger nations will have a better chance of resisting these political games but, they too will ultimately fall.

You can make the case they already have as no one gets elected without the large-scale financial support that only massive corporations can provide. I wouldn't disagree with if you made that case although it'd be more of a consequence of the general corruption that pervades politics instead of a natural consequence of globalisation.

As far as I can tell, globalisation undermines the role of the state inside its borders and relegates into the role of a mere pantomimical performer in the international stage.

Pedro Jacob

Posted on November 30, 2018 03:17

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