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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
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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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