By B. Berberoglu
This publication examines the improvement and transformation of worldwide capitalism within the overdue twentieth and early twenty first century. It analyzes the dynamics and contradictions of the worldwide political economic climate via a comparative-historical procedure according to classification research. After supplying a severe evaluation of neoliberal capitalist globalization during the last 3 a long time, the publication examines the emergence of recent forces at the worldwide scene and discusses the customers of switch within the international economic climate in a multi-polar path within the many years forward. The booklet concludes through targeting the mass hobbies which are enjoying a imperative function in bringing in regards to the transformation of worldwide capitalism.
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Additional info for Globalization in the 21st Century: Labor, Capital, and the State on a World Scale
Thus, in a historical sense, twenty-first-century globalization is reverting to normal if we consider that Asia has been at the center of the world economy through most of the long-term globalization process. In this light, two hundred years of Western hegemony have been a historical interlude. Note, for instance, that it is not the first time that China is in the position of having accumulated the lion’s share of the world’s financial reserves. D. S. S. -led security New security axes and poles Growth & increasing inequality (except East Asia) Inequality Inequality between North and NIEs decreases while inequality in NIEs increases Deepening rural and urban poverty Deepening rural and urban poverty International migration as flashpoint of global inequality and gold (Bradsher 2006; Frank 1998).
In China this takes the form of pressure on land, deepening rural poverty, pollution, village-level corruption, and urban migration. In Brazil and the Philippines, land reform drags because the political coalition to confront landholding oligarchies is too weak. In South Africa, the apartheid legacy and the poor soil and weak agricultural base in the former Bantustans contribute to rural crisis. Yet the impact of poor peoples’ movements and social struggles in the 2000s has been greater than during 1980–2000, notably in China and Latin America.
Lanham, MD: Rowman & Littlefield. ———. 2008. Is There Hope for Uncle Sam? Beyond the American Bubble. London: Zed. Parker, G. and A. Beattie. 2006. “Chinese Lenders ‘Undercutting’ on Africa Loans,” Financial Times, November 29: 3. Peel, Quentin. 2005. “The South’s Rise is Hindered at Home,” Financial Times, November 17: 17. Petras, James. 2006. The Power of Israel in the United States. Atlanta, GA: Clarity Press. Plender, John. 2009. “The Financial Sector Is Far From Being A Busted Flush,” Financial Times, March 18: 22.
Globalization in the 21st Century: Labor, Capital, and the State on a World Scale by B. Berberoglu