ABSTRACT

Neoliberal globalization, which has advanced rapidly since the 1980s, mainly in the areas of finance and economics, has plunged the world into a money game, putting global cities in competition with one another and causing an expansion of regional and social disparities in the midst of a dog-eat-dog rivalry for survival. However, it seems that being sunk into the worst worldwide depression in eighty years has presented people with an opportunity for reflection, and they have begun to recognize the need to diverge from market fundamentalism and escape from financially centred globalization (Sasaki 2010a, 2010b).