I don't see either/or. Changes overseas in semi-peripheral and peripheral economies that reduce the benefit to core economies of the Gobalization policy set can also be a factor in the defection of some former supporters of that policy set within core economies.

The institutional cross-supports that persistently reproduce an establishment position were for the most part not deliberately designed, but rather evolved in the context of that early conditions that gave rise to that position, and we typically discover what were actually the most strategic cross-supports only when they break down and the establishment position crumbles as a result.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.