New Power: Political Deficit and Ethical Vacuum

Philippe Woot

Chapter 4 in Should Prometheus Be Bound?, 2005, pp 38-57 from Palgrave Macmillan

Abstract: Abstract Economic globalization is advancing much faster than world governance. It is escaping from the nation-state and progressively imposing its logic on the entire planet. This gap between the political and the economic is causing public powerlessness in respect of pursuing proper development strategies and democratically debating the societal stakes of globalization.

Keywords: Business Ethic; Market Economy; World Trade Organization; Business Leader; Social Market Economy (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50206-2_4

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DOI: 10.1057/9780230502062_4

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