Governing the Market: The "Political" and the "Economic" in the Restructuring of the "Third World"

My intention in this paper is to rethink the central contentions of "Globalization Theory" with respect to the relationship of the "state" to the "economy." I will do so via a consideration of recent discussions of the formation of the modern states system within the discipline of International Relations, and Karl Polanyi?s suggestive notion of the "double movement" presently enjoying a revival in sociological studies of the conjuncture of the 1990s. The paper concludes with reflections on how these critical reflections might make it possible to gain a betterappreciation of the current neoliberal restructuring of the erstwhile "Third World." PAT.-Conference Proceeding