It is considered that significant theoretical developmentswere built on the concept of decommodification to argue with the initial process of recommodification among various states. Further this view is closely related to the leading literature on the political economy of globalization. A pure globalization can be understood as the increasing integration of the world economy that includes various activities such as increasing foreign trade, investment and flow of capital etc.). Globalization has robbed the power of the government and made them to pursuing new or amend the new economic as well as social policies. As far as social policies are concerned, government was forced into a race to the bottom because of increased mobility of capital. Governments must have to pursue an agenda of low taxation if they wanted to make global mobile investment to be attracted. Low inflation and flexibility in the labour markets were included in such agenda (Mishra, 1999)
Welfare state must have some qualities like, it should be residualisedwhich consist less public expenditure. It must be residualised by forcing a move towards more individual responsibilities and private provision in the global economy. Such arguments were challenged on various grounds and debates. To key points were identified as relevant in this concept. First the power of increasing integration of the world economy is misleading the state power of nation. Simply reducing the scope for state intervention was not essential as the process of globalization was recognized as a source to reform the state intervention (Held et al., 1990).
福利国家必须有一些特质,它应该residualisedwhich由更少的公共支出。它必须被强迫residualised走向更多的个人责任和私人提供在全球经济。这样的争论和辩论以各种理由挑战。要点是确定为相关概念。第一次的力量越来越一体化的世界经济是误导的国家权力的国家。简单地减少国家干预的范围不是必不可少的,全球化的过程被认为是一个源改革国家干预(et al .,1990)。