ABSTRACT

Globalisation of capitalism elicits two contradictory responses from managers of the nation-state, especially those in the so-called periphery and semi-periphery. To prosper, indeed simply to survive, a nation must be able to insert itself as a node in the global network of capital flow. To this end, the arrival of capital is to be enthusiastically embraced. However, its effects on the culture of everyday life that attend the arrival of capital invariably gives rise to a ‘dis-ease’ —a lingering cultural reservation and conservatism-which reduces enthusiasm and renders the embrace of capital less than complete.