Cosmopolitanism and Global Financial Reform: A Pragmatic Approach to the Tobin Tax

Routledge (2010)
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Abstract

By defining cosmopolitanism and analysing how cosmopolitan ideas can increasingly provide an account of the governance of global finance, Brassett examines whether global finance can be regulated so as to provide cosmopolitan values like social security, equality and democratic accountability. He suggests that such an exercise is not adequately resourced by existing theoretical approaches to critical IPE and instead develops a new pragmatic approach based on the thought of Richard Rorty. Combining ethical theory with empirical analysis, he focuses on the Tobin taxû ûand explores whether it could underpin more cosmopolitan forms of global financial governance. --

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