Chapter 1: | Introduction |
Endnotes
1.Lamy, P. (October 2006). Online Chat with the Director General of the World Trade Organization. Transcript to this session is available online: www.wto.org/English/forums_e/chat_e/chat_transcript_oct06_e.doc.
2.For further reading on this agreement, refer to GATS (2007, Article XIX).
3.Classical liberalism conceives liberty and private property as intimately related. An economic system based on private property is uniquely consistent with individual liberty, allowing all people to live their lives as they see fit. A market order based on private property is thus seen as an embodiment of freedom. Private property is the only effective means for the protection of liberty (mainly, protect it from the state). Hayek (1978) states that there can be no freedom of press if the instruments of printing are under government control, no freedom of assembly if the needed rooms are so controlled, no freedom of movement if the means of transport are government monopoly. World culture theory refers to the interpretation of globalization that focuses on the way in which participants in the process become conscious of, and give meaning to, living in the world as a single place. According to Robertson (1991), it refers both to the compression of the world and the intensification of consciousness of the world as a whole. World polity theory refers to the interpretation of globalization that argues for polity as a system of creating values through the collective conferral of authority. Meyer, Boli, Thomas, and Ramirez (1997) posit that instead of a central actor, the culture of world society allocates responsible and authoritative actor-hood to nation-states. World-system theory refers to the interpretation of globalization as a historical social system of interdependent parts that form a bounded structure and operate according to distinct rules, or a unit with a single division of labor and multiple cultural systems.