Re-thinking Market Rankings
Share ideas for alternative ranking systems as described in the group project for students on page 274 of Introducing Globalization. Be sure to conclude your suggestion by also reflecting on how the ranking system – however much it is designed to address race to the bottom tendencies associated with market led development – may nevertheless still be using market competition norms to monitor and ‘responsibilize’ upward harmonization.
Here is the group project for students from page 274 of Introducing Globalization:
Ask everyone in your group to develop and define their own ranking system for nation-states designed to encode their own personal values in calculable and competitive metrics. Then work as a group to examine what sorts of challenges and consequences would arise from attempting to implement each system given the current state of global governance.