Abstract and Keywords
Is it feasible to democratize the powerful institutions of global governance that currently work to advance globalization processes, making them more responsive to the needs and interests of the people affected by their policies? This chapter discusses the motivation for addressing this “democratic deficit” at the transnational level, in the context of the inequalities in power and resources engendered by globalization and its institutional framework. It critically analyses two main lines of argument put forward for democratization of global governance—the “all subjected” and the “all affected” principles—and then proposes a reformulation of them for this new context. It concludes by considering some concrete directions for fulfilling democratic norms transnationally, including ways of introducing greater transparency and accountability in transnational institutions, as well as more extensive changes that would enable people to gain substantial control over the forces and structures that currently profoundly affect them.
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