Abstract
Globalization has become the predominant framework for the analysis of the world political economy. The literature is replete with telling criticism of the consequences of globalization controlled by neoliberal ideology, namely, social and economic injustice and despoliation of the environment. What needs to be done is to construct an alternative model of global change and to elaborate a political agenda for its implementation. Establishment theorists, stung by widespread antineoliberalism mobilizations including ones in Seattle and Washington, DC (right in the neoliberal heartland), have rallied to resist the challenge to their model of a corporation-dominated world. They have responded with phase 2 reform as damage control for the current world system (transperialism) through trickle-down economics. This is avoidance of what really is demanded by our time: transcending neoliberalism to achieve another world.
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