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Does patriotic vigilance make any sense in the transnational arena? A cosmopolitan alternative to the globalization paradox

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  • Pilkington, Marc

Abstract

We address the issue of the relevance in the transnational arena of the concept of patriotic vigilance, as expressed by French Minister Arnaud Montebourg in 2014. Firstly, we examine the globalization paradox with its underpinnings in the literature and its illustration through the recent Alstom saga. Secondly, we review the idea of a paradigm shift in world monetary affairs signaled by the recent crisis. Finally, drawing on Kant’s ideas on cosmopolitism, we sketch out an alternative to the globalization paradox.

Suggested Citation

  • Pilkington, Marc, 2017. "Does patriotic vigilance make any sense in the transnational arena? A cosmopolitan alternative to the globalization paradox," Research in International Business and Finance, Elsevier, vol. 39(PA), pages 502-512.
    • Handle: RePEc:eee:riibaf:v:39:y:2017:i:pa:p:502-512
    DOI: 10.1016/j.ribaf.2016.09.012
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    1. Stefania Vitali & James B Glattfelder & Stefano Battiston, 2011. "The Network of Global Corporate Control," PLOS ONE, Public Library of Science, vol. 6(10), pages 1-6, October.
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    3. Facundo Alvaredo & Anthony Atkinson & Thomas Piketty & Emmanuel Saez, 2013. "The Top 1% in International and Historical Perspective," Post-Print halshs-00847231, HAL.
    4. Pilkington Marc, 2013. "The Global Financial Crisis and the New Monetary Consensus," Post-Print halshs-01231190, HAL.
    5. Facundo Alvaredo & Anthony B. Atkinson & Thomas Piketty & Emmanuel Saez, 2013. "The Top 1 Percent in International and Historical Perspective," Journal of Economic Perspectives, American Economic Association, vol. 27(3), pages 3-20, Summer.
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    More about this item

    Keywords

    Transnational arena; Alstom saga; Globalization; Transnational capitalist class; Patriotic vigilance;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925

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