Lecture 16. Conclusion: The Last Word

This is the concluding presentation. In May 2010 a Spanish ex-prime minister claimed that a financial power exists which threatens representative government. This short lecture considers how true this is and what has changed since the 1980s. Emphasising the process of border deregulation the contradictions of the current situation are examined noting that theoretically and intellectually there are few guiding principles at the global level. The principle contradiction is that to support border deregulation and therefore global access for trade and investment greater force will be needed to minimally sustain the universally weakened state.

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1. The Last Word