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    Global Liberal Revolution: TH TH

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    Sparkles Soft
    Global liberal revolution espouses a wide array of opinions depending on the understanding of these ideas. Most of the liberal revolutionist, however, agrees to such fundamental and universal idea of constitutionalism, democracy, human rights, free trade and capitalism, social justice, economic equality, peace, non-discrimination and the secularism of state.

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    Global Liberal Revolution: TH TH

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    Sparkles Soft
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    Global liberal revolution espouses a wide array of opinions depending on the understanding of these ideas. Most of the liberal revolutionist, however, agrees to such fundamental and universal idea of constitutionalism, democracy, human rights, free trade and capitalism, social justice, economic equality, peace, non-discrimination and the secularism of state.

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    Globalization

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    Global liberal revolution espouses a wide array of opinions depending on the understanding of these ideas. Most of the liberal revolutionist, however, agrees to such fundamental and universal idea of constitutionalism, democracy, human rights, free trade and capitalism, social justice, economic equality, peace, non-discrimination and the secularism of state.

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    70 views3 pages

    Global Liberal Revolution: TH TH

    Uploaded by

    Sparkles Soft
    Global liberal revolution espouses a wide array of opinions depending on the understanding of these ideas. Most of the liberal revolutionist, however, agrees to such fundamental and universal idea of constitutionalism, democracy, human rights, free trade and capitalism, social justice, economic equality, peace, non-discrimination and the secularism of state.

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    GLOBAL LIBERAL REVOLUTION

    Global liberal revolution espouses a wide array of opinions depending on the understanding of
    these ideas. Most of the liberal revolutionist, however, agrees to such fundamental and universal
    idea of constitutionalism, democracy, human rights, free trade and capitalism, social justice,
    economic equality, peace, non-discrimination and the secularism of state. Historically, the idea
    of liberal revolution encompasses a number of intellectual streams and traditions set by various
    political theorist philosophers and historians (O’Rourke & Williamson 1999: 1—4). The
    dominant variants amongst them have been classical liberalism which became popular in the 18 th
    century, and social liberalism which became well-accepted in the 20th century. During recent
    decades, global liberal revolution has been associated as a key theme in the social analysis of the
    various economic processes going on throughout the world ‘to represent general condition of
    life, as well as the key tendency driving diverse economic processes’ (Tonkiss, 2006:3). This is
    also known as neo-liberalism providing for new models for economic growth around the globe.
    (Leys, 2010).

    During the recent decades, global liberalism has appeared as a set of global media propagated
    through technological revolution and democracy which is essentially Western in characteristics.
    This progression in avertedly has led the contemporary researches both at academic as well as
    institutional level to argue that cultural globalization impossible as predicted by classical
    liberalists. McChensey states that ‘the very essence of the technological revolution is the radical
    development in digital communication and computing. The argument that the bad old days of
    police states and authoritarian regimes are unlikely to return is premised on the claims that new
    communication technologies along with global markets undermine, even eliminate, the capacity
    for “maximum leaders” to rule with impunity’ (Monthly Review, 2001). On the other hand, the
    economists, for instance, Stiglitz, argue that ‘that grab-bag of ideas based on the fundamentalist
    notion that markets are self-correcting, allocate resources efficiently, and serve the public interest
    well. It was this market fundamentalism that underlay Thatcherism, Reaganomics, and the so-
    called “Washington Consensus” in favor of privatization, liberalization, and independent central
    banks focusing single-mindedly on inflation’ (Project Syndicate, 2008).
    On other end of spectrum, the 2004 Transparency International's Global Corruption Report
    (GCR) has identified some of the recent pressing issues in the fight against corruption and
    money politics around the world. The assessment included regulation and financing of political
    parties with suggestions to "rewire" the arms and oil trades for greater transparency as well as
    analyzing the problem of vote buying. The report takes into account attempts to repatriate assets
    stolen by politicians, disclosure regulations within and out of the parties. Further, it elucidate the
    nexus between the media, politics and business as well as the issue of immunity from
    prosecution -- with special insight into extradition efforts in the Fujimori case in Peru (Anon,
    2004). Up shot, the report reflects how the contemporary liberalization and globalization defies
    the ideas of classical and new-liberalists. Now a day, the idea of globalism is arrays in diversified
    ideas, for instance, economic globalization, political globalization, cultural values and
    institutionalism, and globalization of communication.
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    Hence, contrary to the 20th century believes of borderless globalization, a global harmonization
    or convergences of some important characteristic features are matter of concern for
    contemporary existence of global infrastructure (Hart, 1994). Though this global liberation is
    still unable to sweep the world economy, the contemporary globalization, thus marks a decisive
    and imperative shift between nations. It has become more evident during the last two decades
    with a certain degree of realization that this phenomenal convergence is confidently affecting
    individuals as well as nations alike regardless of their cultural, racial, economic status or any
    other distinction whether it’s political, cultural, or economic in its dimension.

    Bibliography:

    Books:

    1. O’Rourke, K. Williamson, J. 1999. Globalization and History: the evolution of a nineteenth


    century Atlantic economy. Massachusetts Institute of Technology. with Achorn .

    2. Tonkiss, F. 2008. Contemporary Economic Sociology: globalization, production, inequality.


    LSE. Routledge.

    Articles/Reports:

    3. Hart, J. 1994. Changing Sovereignty Games and International Migration. Indiana Global Legal
    Studies Journal, II: [Online] Available at: http://www2.hawaii.edu/~fredr/glotexts.htm#HART
    [Accessed 8 July 2010]

    4. Leys, C. 2010. The Dictatorship of the Market. [Online] Available at:


    http://www.socialistproject.ca/bullet/365.php [Accessed 8 July 2010]

    5. McCheney, R. 2001. Global Media, Neo Liberalism, and Imperialism. Monthly Review,
    [Online] Available at: http://www.monthlyreview.org/301rwm.htm [Accessed 8 July 2010]

    6. Stiglitz, J. 2008. The End of Neo-Libralism? Project Syndicate [Online] Available at:
    http://www.project-syndicate.org/commentary/stiglitz101/English [Accessed 8 July 2010]

    7. Transparency International. 2004. Global Transparency Corruption Report 2004: Special Focus:
    Political Corruption. London: Pluto Press.

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