Does patriotic vigilance make any sense in the transnational arena? A cosmopolitan alternative to the globalization paradox

We address the issue of the relevance in the transnational arena of the concept of patriotic vigilance, as expressed by French Minister Arnaud Montebourg in 2014. Firstly, we examine the globalization paradox with its underpinnings in the literature and its illustration through the recent Alstom saga. Secondly, we review the idea of a paradigm shift in world monetary affairs signaled by the recent crisis. Finally, drawing on Kant's ideas on cosmopolitism, we sketch out an alternative to the globalization paradox. (C) 2016 Elsevier B. V. All rights reserved.