ABSTRACT
Over the past three decades, the liberalisation of international trade, finance, and investment has created new opportunities for dynamic business actors. The resulting trends of increased flows of people, goods, services, capital, and information can be subsumed under the term ‘economic globalisation’.1 Some scholars conclude that economic globalisation leads to a Kantian capitalist peace, because economic liberalism is singled out as a commonly shared ideological belief, and war or even protest becomes ever more costly in light of growing economic interdependence.2 By contrast, popular bestsellers regularly declare that economic globalisation is an irreversible ill for modern societies.3 However, both of these views overlook that economic globalisation has massive redistributive consequences, which give rise to new societal disparities and new political opposition.4 And especially since the 2008 global financial, economic, and public debt crises, there is increasing interest in how and by whom the global economy is challenged.
