Globalization and Capitalism.

Paper Summary:

This essay starts with discussing what is meant by the concept of global governance. In doing so it defines the very notion of governance, especially at a global level. Next, the logic of industrial capitalism is discussed so as to give coherence to how the concept is used in this essay. After elaborating the two concepts, the essay engages in establishing linkages between them in order to make explicit the nature of the relations between the logic of capitalism and global governance. In doing so, two aspects are be observed. First, is whether the logic of capitalism has really brought about contemporary global governance. Second, is whether the global governance really reinforces the logic of capitalism. Afterwards, the essay anticipates possible criticism to the argument to this essay. Lastly, a summary and conclusion are drawn in order to answer the question.

From the Paper:

"In his articles, Craig N. Murphy articulated his cautionary attitude towards the notion of global governance by stating that, "contemporary global governance remains a predictable outcome to the overall logic of industrial capitalism." This statement lambastes the possible self-complacency and taken-for-granted attitude on the current global governance with the absence of great wars for more than five decades. It strikes at the very heart of contemporary global governance in order to see whether it is really an outcome of the logic of capitalism."

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