The Role of State in Neoliberal Globalization Neoliberal globalization has become an interesting challenge over the last 30 years and has resulted in economic disparities between developed and underdeveloped countries . Large and powerful corporations have used neoliberal ideals to gain financial control of transnational economies, then adjusted their policies to meet their best interests. For the purposes of this article, I will discuss the role of the state in creating and maintaining inequality. I will also discuss how neoliberalism and globalization affect the economy and promote social inequality around the world. The “State” refers to the entity that governs the people, and according to Kropotkin's Revolutionary Pamphlets, the state and capitalism developed side by side and support each other. each other. [Kropotkin 1970: 181] In other words, capitalism arose from state interventions aimed at facilitating ownership and financial gains through policy adjustment. The state maintains its power by deliberately creating a system of inequality that favors those at the winning end of the spectrum. For example, in the early 1900s, the state supported laws that legalized slavery in an effort to provide financial gain for the wealthy, who were typically whites of European descent; thus, enriched the white and European economy. The role between the state and capitalism is interdependent; the state supports the free market in exchange for political gain. [Kropotkin 1970: 181] The richest and most influential countries benefit most from state actions, as it is generally the private sector that constitutes the world's multinational corporations. The state uses the concept of "nation" as a means of creating solidarity between...... middle of paper ...... the creation of democratically accountable institutions will help maintain order and grant participation to all countries in important areas. issues that affect their economies in perspective. Furthermore, why not cancel or reduce the debt of nations that condemn their populations to poverty and disease? Perhaps if foreign debt were canceled, immigration problems would decrease as people decide to stay in their home countries. In conclusion, the globalization of the world economy will continue to widen the gap between those who have and those who do not have access to economic mobility. which makes the rich get richer and the poor get poorer. Throughout this article, I have discussed the role of the state in creating and maintaining inequality. I also discussed how neoliberalism and globalization affect the economy and promote social inequality around the world..