Abstract
The twenty-first-century momentum of globalization is markedly different from twentieth-century globalization and involves a new geography of trade, weaker hegemony, and growing multipolar it y. This presents major questions. Is the rise of East Asia, China, and India just another episode in the rise and decline of nations, another reshuffling of capitalism, a relocation of accumulation centers without affecting the logics of accumulation? Does it advance, sustain, or halt neoliberalism? The rise of Asia is codependent with neoliberal globalization and yet unfolds outside the neoliberal mold. What is the relationship between zones of accumulation and modes of regulation? What are the ramifications for global inequality? The first part of this chapter discusses trends in trade, finance, international institutions, hegemony and inequality, and social struggle.
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