What Was the Connection Between Globalisation And the 'Third Wave of Essay

What Was the Connection Between Globalisation And the Third Wave of Democracy - Essay ExampleThis essay declares that globalisation increases the potential mobility of financial capital, real investments, goods and services, and to a more limited extent, highly skilled labour. He argued that consequently, mobile economic actors are better able to avoid undesirable state regulations, or to addition from ones that are more advantageous. Thus, he said that to the extent that countries depend on these actors, or on the resources they control, they are forced into a competition for locational advantage that has all told the characteristics of a Prisoners Dilemma game, and that reduces the capacity of the territorial state to shape the conditions under which capitalist economies must operate.This paper makes a conclusion that the dealing between them is complex, hence one could not be taken lightly hence it could not simply be said the globalization promotes democracy. As we encounter seen globalization could restrict nations dream for autonomy as democratic institutions. This must not be surprising as what could be observed of democracies returning to authoritarianism. What thusly is the relation between the two is governing by old contradictions between economic and politics. Since they politics and economics belong to different fields, so are globalization and democratization. These could not just be put together as one to influencing the other without really conducting further studies