Original language | English |
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Title of host publication | Encyclopedia of Global Studies |
Publisher | SAGE Publications |
Publication date | 31 May 2012 |
Publication status | Published - 31 May 2012 |
Abstract
Hyperglobalism is a label used for diverse claims that globalization has decisively undermined the nation-state as a container and regulator of economic, cultural, and political affairs. Hyperglobalists are held to believe that global markets and technological advances—particularly in transport and communications sectors—have created globalized flows of such a volume and velocity that socio-economic, cultural entities and patterns of power relations have been radically reconfigured as a result, not just quantitatively but also qualitatively. Some suggest that this will ultimately lead to the emergence of a singular “borderless” world, while others focus on the reconfiguration of new borders along nonterritorial lines, e.g., global networks, global cities, regional states, or global class formations. Hyperglobalist analyses have pointed to new strategies in economic and business management, new political institutions, and, for some, a revised framework of thinking for a global age that differs in fundamental respects from that of modernity. As a term, .