ABSTRACT

Assuming with Kalecki that the private owners of means of production and managers of cor-

porations are structurally liable to the utopia of the market,12 economic globalisation would

seem to explain the transformation of the late twentieth and early twenty-first centuries. Due

to economic globalisation, state strategies based on attracting trade, production, and finance

in terms of ‘business confidence’, or by improving capital’s position in the world economy,

may work to a degree and for a while, and thus be represented as a model to be followed by

the others. Media too can be privatised and bought, and thus brought closer to conveying the

utopic message of the market. The ambiguities of the Hegelian theme of freedom and recog-

nition can be exploited to strengthen the popular attraction of this utopia.