Understanding Global Capitalism

Abstract

This paper attempts to provide a framework for understanding the way globalization has reshaped the terrain and parameters of social, economic and political relations both at the national and global levels, and exerted pressure on the resiliency capacities of capitalism. It proposes to examine the ways social relations of domination and subordination are produced, reproduced and maintained while continuously undergoing transformations. Through conceptualizing the evolution of the capitalist world order in a historical perspective and by exploring the changes of relations brought about by the intensification of globalization since the 1990s, the objective is to generate a perspective for understanding such a process based on the application of Gramscian and Polanyian theoretical and analytical categories. The conclusion aims to convey that the process is contingent on both structures and agencies and it also produces the opposite result: i.e. reducing the legitimacy of capitalism’s hegemony and especially limiting its resilient capacities.

Keywords

globalization, capitalism, hegemony, passive revolution, double movement

How to Cite

Xing L. & Aabourg University, (2006) “Understanding Global Capitalism”, American Review of Political Economy 4(1). doi: https://doi.org/10.38024/arpe.93

45

Views

15

Downloads

Share

Authors

Li Xing (Aabourg University)
Aabourg University (Aabourg University)

Download

Issue

Dates

Licence

Identifiers

Peer Review

This article has been peer reviewed.

File Checksums (MD5)

  • PDF: ffc3f5b177491bfa78780367b470d3f8