Globalization is an extraordinary phenomenon affecting virtually
everything in our lives. And it is imperative that we understand the
operation of economic power in a globalized world if we are to address
the most challenging issues our world is facing today, from climate
change to world hunger and poverty. This revolutionary work rethinks
globalization as a power system feeding from, and in competition with,
the state system. Cutting across disciplines of law, politics and
economics, it explores how multinational enterprises morphed into world
political organisations with global reach and power, but without the
corresponding responsibilities. In illuminating how the concentration of
property rights within corporations has led to the rejection of
democracy as an ineffective system of government and to the rise in
inequality, Robé offers a clear pathway to a fairer and more sustainable
power system.