A Heldian Plea for Global Governance
July 5th, 2009 by SocProf and tagged Corporatism, Economy, Global Governance, Globalization, Politics, Public Policy, Transnational Capitalist Class
By Henning Meyer in the Social Europe Journal. Taking exception with the common view among the global elites that economic policy should now be outside of the scope of democratic governance:
Well, no. And that is a big part of the problem.
Except, of course, that governments are not really back in the driver seat. Take two examples here. The first is Matt Taibbi’s already classical report on Goldman Sach’s power over the global economy and the US government.
The entire article is fairly lengthy but well worth anyone’s time. The second example comes from Germany:
‘A Real Free Lunch’: How German Banks Are Cashing In on the Financial Crisis – SPIEGEL ONLINE – News – International via kwout
It is against this backdrop that it makes sense to argue for a strong global covenant, to borrow the expression from David Held although it is difficult to see at this time, such strong version being proposed even by continental Europe.
Posted in Corporatism, Economy, Global Governance, Globalization, Politics, Public Policy, Transnational Capitalist Class | No Comments »
