engleski

Liberal Democracy vs. Neo-liberal Globalization

Although the accelerated globalization of recent decades has flourished in tandem with a notable growth of liberal democracy in many states where it was previously absent, it would be hard to say that the prevailed processes of neo-liberal globalization foster development of global democracy and the rule of law. On the contrary, globalization has undercut traditional liberal democracy and created the need for supplementary democratic mechanisms. The rise of supraterritoriality has promoted moves toward multilayered governance, where regulatory competences are more dispersed across substate, state and suprastate agencies. Particularly suprastate mechanisms have occupied the leading role in the globalized society. But, suprastate democracy of regional and transworld regimes as well as potential unofficial channels, such as global marketplace, global communications, and global civil society, have shown many democratic deficits rather than democratic credentials. The most serious problem in the relationship between democracy and globalization is, however, related to differences among the global cultures and/or civilizations. Democratic rule of law and the problem of human rights are unquestionable values of the Western civilization. Do they have the same significance in each culture/civilization, in every part of the globalized world?

democracy; globalization; neo-liberalism; supraterritoriality

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