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Unformatted text preview: Melissa Walters PS 339 Nance I. Introduction Post- war tendencies have generally favored a liberalist approach to political economics. The modern notion of globalization has further changed the context, structure, and the institutions of the nation-state. Some of the major themes of globalization include; increased freedom in the exchange of capital and goods, decreased barriers to transnational trade, increased specialization and increased possibility for international conflict. Global business has also affected the rise in international competition and the need to improve productivity. Politically, globalization has changed the importance of the nation state and its sovereignty by either diminishing or elevating its importance. Gills state the association of neoliberal economic doctrines with the persistence of globalization has been ineffective in the pursuit of free market systems, which has decreased the legitimacy of these economic measures and the meaning of democracy in developed and developing nations. The result of the terrorist attack on September 11, 2001, the invasion of Afghanistan, and outbreak of conflict in Iraq, has lead to the onset of two wars known collectively as the War on Terror. The effects of the wars in Afghanistan and Iraq have demonstrated the intricate link between global security concerns, neoliberal economic and political agendas, and the sovereignty of nation- states. Overall, the collaboration of those effects with the creation of new standards which focus on global securitization have brought forth the question of whether this intensifies neo- imperialistic tendencies or intensified global interdependence. The effects of globalization and the War on Terror appear to retain traditional patterns of sovereignty rooted in historical trends, which emphasize the interconnectedness of some nation- states and isolated others. However, rather than interdependence between nation- states it seems the current pattern of governmentality during the War on Terror has invoked and intensified the presence of neo-imperialistic agendas. II. Alternative Explanations of the Structure of the Global Political Economy Following the War on Terror Feldman explores that the current War on Terror is a microcosm of the neoliberal crisis taking place across various arenas of the global political economy. This transgression of violence following the commencement of the War on Terror across state boundaries challenges doctrines of territorial sovereignty. According to current international law, transnational violence violates the notion of territorial independence, established under the doctrine of noninterference in the affairs of other nations. This author suggests the perceived hegemony of particular states is inconsistent with the neoliberal and globalized world as observed through the The increased concentration of information and images, and declining transparency of democratic politics, constrained the drawing of connections between the crisis of capital accumulation and the role that war plays in its...
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