ABSTRACT

On the globalizing right are the modern heirs of Adam Smith, who envision a world in which the free play of market forces will produce greater peace and prosperity for all and who advocate minimal tariffs and economic stability facilitated through business-friendly institutions such as the World Trade Organization. The transformationalists are united in "a conviction that, at the dawn of a new millennium, globalization is a central driving force behind the rapid social, political and economic changes that are reshaping modern societies and the world order." The globalist left favors a stronger role for government to temper possible market excesses. The thinking of the globalist right pervades the pages of the Economist, the writings of most management theorists, and the world of high technology. The newer antiglobalist left, the left of young demonstrators and idealistic activists, draws on ideologies that have a long history in Western politics, notably anarchism, anticorporatism, and romantic primitivism.