Abstract

There have been historically high levels of social contestation throughout the contemporary global political economy for over a decade now. Nevertheless, there are no obvious signs of a post-neoliberal global order on the horizon. In seeking to address this puzzle, this article presents a broadly Marxist framework through which to understand the contemporary global political economy, its contestation, corresponding political articulations, and shifting processes of institutionalisation. In adopting this framework, the article argues that the configuration of pressures in today’s global political economy are such that, at best, we can expect and hope for a form of ‘weak’ progressivism, as the systemic obstacles to more substantially emancipatory outcomes are greater than our current global neoliberal (alienated) society is equipped to challenge. This, however, should not necessarily be a cause for (only) pessimism.

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