Political Economy Discourses of Globalization and Feminist Politics

Abstract

here seems to be general agreement that global capitalism is here to * stay. The rapid integration of the world into one economic space through Ithe internationalization of goods, capital, and money markets is more often than not represented as an inevitable and irreversible phase of capitalist development. The globalization of production and consumption by transnational corporations (with the assistance of intergovernmental organizations such as the World Bank and World Trade Organization [WTO]) is characterized as a force that shapes and transforms all of the economic, political, and cultural forms it encounters. Triumphalist accounts that celebrate the victory of the market over all other economic forms produce such descriptions of the so-called reality of globalization. But so, too, do globalization's critics, who tend to emphasize the dark side of the new world order.