engleski

Liberal Democracy vs. Neoliberal 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. In fact, neo-liberalism i.e. libertarianism, which has generally prevailed as the authoritative policy framework in contemporary globalization, does not have much in common with the ideal of liberal democracy of well-ordered society. The 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? Democratic control of globalization can be completed only through a sort of global governance, but who can realize it in our divided world?

globalization; globalism; liberalism; libertarianism; democracy

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