The Market Or The Public Domain: Global Governance And The Asymmetry Of Power (innis Centenary Series)

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E-Book Overview

Examining the powerful idea of the return, reconstitution and redeployment of the public domain in a post-Seattle and post-Washington consensus world order, this innovative book is the most forward-looking and comprehensive examination of the need to rethink the tenants of global free trade. In the past two decades, countries have focused on broadening and guaranteeing market access, and as the pendulum swings back for the market, the issue of investing in the public domain becomes a priority. The authors believe that devising new institutions of governance for a globalizing world requires fundamental change nationally and internationally. They argue that new public spaces, places and services are required to strengthen democracy and create sanctuaries in society where the market mechanism cannot reach. The public domain is an incipient concept that enables states to reduce the intrusiveness of markets and at the same time develop a strong national performance to reduce the inequality and social exclusion in an increasingly volatile global economy. This original volume boasts an impressive list of international contributors who have demonstrated innovation and leadership in their fields. It will strongly appeal to advanced students, academics and policy makers involved in the field of global governance and international political economy.

E-Book Content

The market or the public domain? The market or the public domain? Global governance and the asymmetery of power examines the powerful idea of the return, reconstitution and redeployment of the public domain in a post-Seattle and post-Washington consensus world order. Increasingly as the future prospects of market fundamentalism are troubled, the zero inflation, global free trade beliefs of what has been called the Washington consensus face a doubting chorus of professional experts and highly articulate critics from a civil society about the policy processes that occur outside the reach of the present nation state. In the past two decades, countries have focused on broadening and guaranteeing market access and as the pendulum has begun to swing away from the market, the issue of re-investing in the public domain becomes a priority. The authors of this volume believe that devising new institutions of governance for a globalizing world requires fundamental change nationally and internationally. They argue that new public spaces, places and services are required to strengthen democracy and create sanctuaries in society where the market mechanism cannot reach. The public domain is an incipient concept that enables states to reduce the intrusiveness of markets and at the same time develop a strong national performance to reduce the inequality and social exclusion in an increasingly volatile global economy. This highly innovative and pioneering volume boasts an impressive list of contributors, including Amitav Acharya, Harry Arthurs, Richard Devetak, Kyle Grayson, Richard Higgott, Robin Hodess, Inge Kaul, Georg Kell, David Marquand, Sol Picciotto, Simon Reich, Marcia Rioux, Alasdair Roberts, John Ruggie, Keith Stewart, Geoffrey Underhill and Ezra Zubrow. This defining volume will strongly appeal to advanced students, academics and policy makers involved in the field of global governance and international political economy. Daniel Drache is Director of the Robarts Centre for Canadian Studies and Professor of Political Economy at York University, Canada. He is the editor of Public Success, Private Failure: Market Limits to Health Care Reform with Terry Sullivan (Routledge 1998) and States Against Markets: The Limits of Competitiveness with Robert Boyer (Routledge 1996). Innis centenary series: governance and change in the global era Series Editor: Daniel Drache Harold Innis, one of Canada's most distinguished economists described the Canadian experience as no one