How do we reform the international political system? One new radical solution that has emerged as a response to traditional Keynesianism is a multipolar anti-imperialist framework. Keynesians believe that the global governance institutions -- the International Monetary Fund (IMF), the World Bank and the World Trade Organization (WTO) -- can function as regulatory bodies that exhibit greater accountability, transparency and access to decision-making by developing country governments. Thus, if the global governance institutions operate according to guidelines that are rational, rather than ideological or power-driven, then they can become key, responsible actors on the global stage and we can build a world of peacefully interacting national capitalisms.
