Globalization and the Nation-State: Dead or Alive

Has the current process of globalization led to a decline in nationstate sovereignty? To address this question there is a need to clarify the concepts of the nation-state and nationalism. A decline in U.S. nation-state sovereignty would serve to promote megacorporate power manifest in the rise of the corporate state over that of the nation-state. Evidence of U.S. nationstate decline appears in many areas, such as that of Article XVI in the WTO and policies of the IMF. The decline in nation-state sovereignty is also evident in U.S. policies of privatization manifest in the War Service Industry (WSI).