'Globalization, the Human Condition and Sustainable Development
in the Twenty-first Century: Cross-national Perspectives and
European Implications' is a cross-national, 175 nation based
exploration of the deep crisis in which Europe currently finds
itself. Investigating the effects of dependency theory and world
systems theory upon the global success of eight dimensions of
development - including democracy, environmental sustainability,
employment, social cohesion, high quality tertiary education and
gender justice - this study argues that the current European crisis
has been precipitated by the pro-globalist policies of the European
Commission.
The comprehensive analysis of this study reveals the magnitude
of Europe's errors. Lowering comparative price levels and
increasing dependency on large, transnational corporations, as
correctly predicted by Latin American social science of the 1960s
and 1970s, emerges as one of the most serious developmental
blockades confronting Europe in global society, whilst increases in
military expenditure, as proposed by Article 42.3 of the European
Union's Lisbon Treaty, are another large stumbling block against
development. The harmful potential of these blockades is
severe.
The book's 175-nation investigation shows that Europe's failure
to develop its own MNC headquarter status in the global economy is
a key factor that has hindered its developmental performance. This
examination, which duly takes into account the control variables
proposed by neoclassical economics and contemporary
sociology/political science, also demonstrates the potential
outcomes of several alternative scenarios, mainly those proposed by
the political Left in Europe, and summarizes the effects of
globalization on the environment and ecological vulnerability. What
this analysis makes most clear is Europe's need for change: without
amending its pro-globalist policies, the continent will learn
nothing from its current crisis - and is destined to compete in a
destructive "race to the bottom."
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