LAW AND DIGITAL GLOBALIZATION

Georgios Dimitropoulos*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

1 Citation (Scopus)

Abstract

The rise of new digital technologies has already proven disruptive in many social contexts and is expected to become even more so. This Article discusses three main visions on the interplay between the law and digital globalization: “digital naturalism, ” “digital universalism, ” and “digital nationalism.” Digital naturalism highlights the self-regulatory aspects of digital technologies. While often disregarded, digital naturalism is responsible for the mischaracterization of some of the responses of states to digital globalization. Digital universalism proposes that digital globalization be regulated at the international level using international treaties. Digital nationalism suggests instead that domestic law is the appropriate means for the regulation of digital phenomena. These theories reflect a broader tendency in legal scholarship and beyond to interpret digital globalization as an offspring of economic globalization. This tendency owes its existence to conceptual path-dependencies established during the era of neoliberalism and economic globalization, but it is increasingly incapable of allowing us to make sense of digital globalization and its dynamics. In its place, this Article proposes a theory of law and digital globalization based on the concept of “digital sovereignty.” Drawing mostly on examples from the field of blockchain, this Article highlights the complex ways in which the law operates in digital globalization. It presents four separate modes of interaction between the law and the digital world and analyzes multiple possible uses of international as well as domestic law beyond the dichotomies developed in the twentieth century. Moving beyond the framework established from a neoliberal conceptualization of economic globalization, this Article focuses on the emerging “Cornwall Consensus” to propose a “law and political economy” analysis of digital globalization. The Cornwall Consensus offers a vision of a more just international order which would address digital globalization directly and be more responsive to those made vulnerable by it. This Article sees domestic and international law as each having an irreducible role in addressing digital globalization and the broader digitalization of society. It identifies a role for international law that, in a neoliberal political economy framework, would have been played by domestic law. It also identifies a role for domestic law that in the same political economy framework would have been played by international law. The new political economy of digital globalization is based on the principles of “devolution” and “plurilateralism.

Original languageEnglish
Pages (from-to)41-110
Number of pages70
JournalUniversity of Pennsylvania Journal of International Law
Volume44
Issue number1
Publication statusPublished - 2023

Keywords

  • Cornwall Consensus
  • Washington Consensus
  • blockchain
  • cryptocurrencies
  • digital globalization
  • digital sovereignty
  • plurilateralism

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