Disembedded Liberalism

"Embedded liberalism," a term coined by John Gerard Ruggie, refers to the early post-World War II economic order that allowed states to regulate financial movements, control monetary and tax policies and thereby sustain high employment and social programs without fear of capital flight. "Disembedded liberalism" refers to the contemporary "triumph of the global over the local, of the speculator over the manager and of the financier over the producer," as Martin Wolf so eloquently puts it.

Disembedded Liberalism

Tuesday, May 5, 2009

Autoworkers compete to keep jobs on reality show

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