Economic globalization plus cosmopolitanism?'

Since the mid-1970s sales, finance and production (i.e. all three circuits of capital), as well as the concentration and centralization of capital, have been internationalized to an extent that has never been seen before in history. This unprecedented economic globalization has been accompanied by the strengthening of international organizations and regulation to facilitate the internationalization of trade, finance and production, but serious attempts to globalize social rights, the provision of public goods, democracy, and environmental norms have been weak or hardly existent. The so-called 'anti-globalization movement' challenges the negative consequences of this one-dimensional internationalization, and as it has gained strength policyrnakers and academics from various disciplines have increasingly come to discuss trajectories and possible alternatives for the future development of the international system. This paper takes up the incipient debates about cosmopolitanism and argues that any project towards a more just and democratic world order will necessarily have to turn the current one-dimensional internationalization of regulation and governance upside down.