Social Sciences
8 years ago

Economic globalization sparks impending economic and political crisis for capitalism.

1 view
Xinyang Shifan Xueyuan xuebao. Ziran kexueban
The essence of economic globalization and its influence on capitalism
Ju Zhan

Paper Summary

Economic globalization is not new and is closely linked to capitalism's expansion worldwide. Developed capitalist countries are driving this process, which is a new stage in capitalism's development. Globalization has intensified the contradictions within the capitalist world system and is likely to lead to economic and political crises.

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