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Globalization is a multi-dimensional process that is manifested in the form of time and space narrowing in social relations, so that the limits of social relations between nations are blurred. Globalization has a positive or negative effect, depending on the perspective we looked at whether pessimistic or optimistic. One form of globalization that has been able to see is the global market. To examine political aspect of the globalizing market in Indonesia, we can see by the three perspectives. There are liberal view, mercantilists view, and neo-Marxist view. The question now is whether the global market can enhance the welfare of society, or the opposite would worsen the social welfare in Indonesia. This paper is based on a qualitative type, descriptive approach, and emphasis on the literature study.

Globalizing Market in Indonesia: Politics of Market and the Impact toward National Social Welfare