Is Globalization Sowing the Seeds of Its Own Undoing?

In a recent article in The New York Times, "Put Globalization to Work for Democracies," Dani Rodrik, a professor of economics at Harvard's John F. Kennedy School of Government, argues "that unmanaged globalization is undermining democracy. . . Simply put, we have pushed economic globalization too far -- toward an impractical version that we might call 'hyperglobalization.'" Rodrik's argument echoes a refrain that Philip Bobbitt and I have sounded in this space: the increasing influence of economics on politics or, as Bobbitt would put it, the emergence of the market state as the successor to the nation-state....