The Comparative and International Political Economy of Anti-Globalization Populism
The Comparative and International Political Economy of Anti-Globalization Populism
- Robert J. FranzeseRobert J. FranzeseDepartment of Political Science, University of Michigan
Summary
The basic economics of international trade imply that globalization will have driven in the developed democracies of the Western world an increasing divergence between the material advancement of human, physical, and financial capitalists—a minority of the population—and the material stagnation or even decline of labor—a majority. This article reviews that theory and the strong comparative-historical empirical record substantiating those effects, and explains how the rise of xenophobic, nationalistic, anti-elite populism has its complementary roots in these economic developments.
Keywords
Subjects
- International Political Economy
- Political Economy