POLITICAL ECONOMY AND THE MANAGEMENT OF GLOBALIZATION

ABSTRACT. The notion of cosmopolitan democracy recognizes certain problems and policies as appropriate for local governments and national states. Deliberative and political decision-making centres beyond national territories are justified when cross-border or transnational groups are affected significantly by a public matter. The task of the political theorist is to rethink our political concepts and to create new conceptual resources which can be reflexively applied in the contemporary world.