Expansion of the basic contradiction of capitalism in the economic globalization age
Zhao Jing-feng
Abstract
Zhao Jing-feng
Abstract
Economic globalization helps capitalism develop beyond the nations and grow from national monopoly capitalism to international monopoly capitalism. International monopoly capitalism urges the development of capitalist economy to some extent and open new space for the adjustment and development of capitalist production relations. On the other hand, it doesn't eliminate but deepen the basic contraction of capitalism.
A significance statement is not available in the OpenAlex record.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
Economic globalization helps capitalism develop beyond the nations and grow from national monopoly capitalism to international monopoly capitalism. International monopoly capitalism urges the development of capitalist economy to some extent and open new space for the adjustment and development of capitalist production relations. On the other hand, it doesn't eliminate but deepen the basic contraction of capitalism.
Key concepts: Capitalism, Monopoly, Contradiction, Globalization, Economics, Market economy, Economic system, Neoclassical economics