Abstract
This paper considers the question of whether the collapse of the global economy in 2008 and subsequent uneven national recoveries constitute an existential challenge to the legitimacy of hegemonic neoliberal globalization. Neo-Gramscian international political theory is reviewed, and its application to globalization and then the critical insights provided are used to describe China's embrace and subsequent rejection of neoliberalism to conclude that the near future of the global economy is likely to be one of ideological heterogeneity and thus unlikely to spawn a new hegemonic system of globalization.
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