TITLE

Dialectic of Globalization and Economic Science

AUTHOR(S)
Stojanov, Dragoljub
PUB. DATE
October 2012
SOURCE
International Journal of Innovations in Business;2012, Vol. 1 Issue 4, p293
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
There are many definitions of globalization. All of them are more or less confined to the country's integration into the international division of labor and worldwide integration of production factors. We hold that this and similar definitions of globalization are technical and superficial definitions, which do not reflect the dynamics of the capital and capitalism. We are most prone to own polite-economic definition of globalization by which dialectically we conclude that globalization is a process of transformation of territorial (nation) state into a global corporate state as a new stage in the development of capitalism, which we would call mega-capitalism. Economic science, which until the age of extant globalization generally reflects national economic interests, has to be transformed into economic science, which reflects the interests of new core subjects of globalization of society; such are transnational mega- corporations and mega-banks.
ACCESSION #
84395093

 

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