The collapse of the state-socialist systems in Eastern Europe and the much discussed rise of the so-called ‘new economy’ have compelled scholars and thinkers to address developments of arguably world-historical significance. In particular, they have had to reflect on the impact on global society of what appears to be a new, globalised economic system characterised, among other things, by the unrivalled hegemony of capitalism, the consolidation of liberal-democracy in the advanced economies and the claimed demise of the nation-state. These developments have had implications for culture and for intellectual life, for education and for labour markets, and for public policy. They have forced us to revisit the role of the state and to reflect, anew, on the manner in which we describe and analyse the attendant societal phenomena. They invite us, too, to ask once again whether – and if so what – alternative, more desirable, institutional arrangements might be envisaged. The contributions to this issue of Theoria address, in diverse ways, these and related questions.

Theoria

A Journal of Social and Political Theory

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