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Dilemmata marktliberaler Globalisierung. Globale Freiheit durch globalen Wettbewerb?

Author

Listed:
  • Jakob Kapeller

    (Institute for Socio-Economics, University of Duisburg, Germany and Institute for Comprehensive Analysis of the Economy, Johannes Kepler University Linz, Austria)

  • Georg Hubmann

    (Institute for Socio-Economics, University of Duisburg, Germany)

Abstract

Liberalism as a social philosophy aims to protect and expand individual liberty. Liberty is thereby understood in a twofold way encompassing both, political liberties, like human dignity or democratic inclusion, as well as economic liberties, like private property rights or free market access. In this article, we point to the fact that this dual notion is surrounded by some tensions that become increasingly visible when discussing the economic and political impacts of increasing international economic integration, i.e. globalization. Specifically, it is concerned with the fact that globalization as observed in the last decades was mainly driven by the principles of economic liberalism, which in some instances undermines the goals of political liberalism – e.g. due to rising inequality, increasing path-dependencies or by creating a race for the best location, that partially undermines the (democratic) sovereignty of nations.

Suggested Citation

  • Jakob Kapeller & Georg Hubmann, 2023. "Dilemmata marktliberaler Globalisierung. Globale Freiheit durch globalen Wettbewerb?," ICAE Working Papers 151, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
  • Handle: RePEc:ico:wpaper:151
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    References listed on IDEAS

    as
    1. Jakob Kapeller & Bernhard Schütz & Dennis Tamesberger, 2016. "From free to civilized trade: a European perspective," Review of Social Economy, Taylor & Francis Journals, vol. 74(3), pages 320-328, September.
    2. Claudius Gräbner & Philipp Heimberger & Jakob Kapeller & Bernhard Schütz, 2020. "Structural change in times of increasing openness: assessing path dependency in European economic integration," Journal of Evolutionary Economics, Springer, vol. 30(5), pages 1467-1495, November.
    3. Paul Johnson & Chris Papageorgiou, 2020. "What Remains of Cross-Country Convergence?," Journal of Economic Literature, American Economic Association, vol. 58(1), pages 129-175, March.
    4. Branko Milanovic, 2013. "Global Income Inequality in Numbers: in History and Now," Global Policy, London School of Economics and Political Science, vol. 4(2), pages 198-208, May.
    5. Andrei Shleifer, 2004. "Does Competition Destroy Ethical Behavior?," American Economic Review, American Economic Association, vol. 94(2), pages 414-418, May.
    6. Björn Bartling & Roberto A. Weber & Lan Yao, 2015. "Do Markets Erode Social Responsibility?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 130(1), pages 219-266.
    7. George Economides & Dimitris Papageorgiou & Apostolis Philippopoulos, 2021. "Austerity, Assistance and Institutions: Lessons from the Greek Sovereign Debt Crisis," Open Economies Review, Springer, vol. 32(3), pages 435-478, July.
    8. Schwieren, Christiane & Weichselbaumer, Doris, 2010. "Does competition enhance performance or cheating? A laboratory experiment," Journal of Economic Psychology, Elsevier, vol. 31(3), pages 241-253, June.
    9. Nicholas Kaldor, 1980. "The Foundations of Free Trade Theory and their Implications for the Current World Recession," International Economic Association Series, in: Edmond Malinvaud & Jean-Paul Fitoussi (ed.), Unemployment in Western Countries, chapter 4, pages 85-100, Palgrave Macmillan.
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    More about this item

    JEL classification:

    • D60 - Microeconomics - - Welfare Economics - - - General
    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • F68 - International Economics - - Economic Impacts of Globalization - - - Policy

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