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Unformatted text preview: whereas Europeanization focuses on social welfare. Globalization is built upon the concept of capitalism. State intervention is to be kept less because the states dont know how functions of the market work. On the other hand, Europeanization focuses on the welfare state of society to create stability, prosperity and equality. Believes in creating a society based on rationalism and to tone down the effect of capitalism and neoliberalism. Another key difference between Globalization and Europeanization is the models of economic approach. Globalization is based on the Anglo-Saxon model while Europeanization is based on the Rhinelander model. The paper examined how the relationship of Europeanization and globalization differed. Globalization and Europeanization are the social structures and the economic methods of market. Globalization is more market orientated while Europeanization focuses on social welfare....
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- Fall '12