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Authors : Lere Amusan

Pages : 13-31

View : 17 | Download : 9

Publication Date : 2016-06-01

Article Type : Research

Abstract :Every theory is meant to satisfy a purpose. This is germane in social sciences where globalised theories are, in most cases environmentally determined. Theorists in social sciences in their attempts to globalise their paradigms and models usually underplay the impacts of culture, religion and political differences. In their bid to quantify behavioural sciences, some of the variables they usually hold constant contributed to economic crisis; forgetting that human behaviour is beyond mathematical calculation. Undemocratic application of globalisation concept as emanated in the undemocratic principles of voting, lack of transparency and accountability, as well as poor/underrepresentation of less developed states in various international (financial) organisations violates the basic tenets of democratic rights, global social justice and international sovereign equality. The same impacted on plethora of theories in social sciences only meant to maintain the current status quo despite their crises as shown in the 2008 economic implosion
Keywords : Economic crisis, Democratisation, Globalisation, Imperial