The Impact Of Globalization On The Nation State Essays

2006 Words Oct 20th, 2016 9 Pages
Word Count: 2,117

Globalization is the process of increasing the interconnectedness of the world, creating an ever-shrinking global community. Innovative technologies allow people to communicate and materials to be transported at never-before-seen speeds, with ever-decreasing costs. Hence, globalization naturally limits state 's power; it reduces state revenues, while consolidating political power in international institutions. Such institutions stand as more capable and comprehensive political organizations; creating international norms. However, nation-states are the key players in the two-level game of balancing domestic and international pressures, they are best positioned to represent domestic views on the international stage. States, unlike international institutions, have the inarguable and legitimate capacity to enact comprehensive, binding rules upon their members. Does globalization diminish the role and power of the modern nation-state, favouring instead international institutions as the future political unit? Though globalization presents many challenges to the nation-state, it will not remove or lessen the role of the nation-state, particularly not in favour of international institutions, as the central political entity of modernity. Globalism has lead to an increase in global capitalism, which reduces state power ceding it to multinational companies. Theorists such as Wallerstein have identified an ever increasingly linked global supply chain, as…

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