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Human life cannot be reduced to market transactions and human beings cannot only be treated as economic actors. When the power of the market increases, human beings will always try to protect themselves. Given the differences that exist in social and cultural traditions, these protective responses are likely to differ from one society to the other. This is why, even in a global market, diversity is always likely to persist. This book investigates the question of economic globalization - whether it is likely to lead to full convergence between political models and ways of life, or whether, even in a completely globalized world economy, there is likely to be scope for alternative solutions. But in a fully globalized world, how will we survive capitalism?
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