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Contribution Details

Type Book Chapter
Scope Discipline-based scholarship
Title Unholy Affinity? Free Trade Theory, Postmodernism, and the Multinational Enterprise
Organization Unit
Authors
  • William McKinley
  • Andreas Scherer
Editors
  • M J Oesterle
Item Subtype Original Work
Refereed No
Status Published in final form
Language
  • English
Booktitle Internationales Management im Umbruch – Globalisierungsbedingte Einwirkungen auf Theorie und Praxis Internationaler Unternehmensführung
ISBN 9783835005426
Place of Publication Wiesbaden
Publisher Deutscher Universitäts-Verlag
Page Range 65 - 84
Date 2007
Abstract Text Globalization can be seen as a process of worldwide interlinkage of social actions, which transcends local contexts and institutions and thus increases in importance beyond the regional level (Giddens 1990; Scherer 2003; Scherer/Palazzo 2008). This is particularly true in the case of economic activity. In globalization, doing business crosses territorially defined borders, leading to a mismatch between political control on the one hand and economic activity on the other. The congruence between the area covered by state regulation and the area where economic and social interaction actually unfold thus disappears (Zürn 1998). Under these conditions the private economy no longer develops within the rules dictated by state politics; rather, the economy is likely to dictate to politicians (Gray 1999; Höffe 1999).
Digital Object Identifier 10.1007/978-3-8350-9378-2_3
Other Identification Number merlin-id:4179
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