Globalization, the ‘border-less world’ or the ‘end of geography’ is an important theme of the post-Cold War discussion of the nature of international order. Although rarely tied to any clearly articulated theory, it has become a powerful metaphor in the sense that a number of universal processes are at work generating increased interconnection and interdependence between both states and societies. Increasingly common are images of a global flood of money, people, values, and ideas overflowing the old system of national barriers seeking to preserve state autonomy. Two areas are discernible in this regard: First, territorial boundaries are becoming less important. Second, traditional understandings of sovereignty are being undermined and individual regions are being viewed within a broader global context.
Some people argue that the attempt of global hegemons to bring about a single global market is largely the political project of a few planners. They assert that power-based free-marketeers have a compelling interest in concealing the particular social vision they are promoting within their discourse. It is this "vision" that has been pointed out as the central "lie" of "free market ideology. People argue that free market ideology relies heavily on a strong state with the aim of eliminating those vestiges of civil society which still exist that have the power to check the ambition of corporate capital. They states that it is intolerable for the West to entertain the thought that "countries can achieve modernity without revering the folkways of individualism, bowing to the cult of human rights or sharing the Enlightenment superstition of progress towards a world civilization."
Changes in the global economy such as technology and productive systems, and especially the impact of information technologies have meant that regional industrial policies and the promotion of regional champions are no longer considered adequate. Therefore, the assertion of this....
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