The essence of economic globalization and its influence on capitalism

The tendency of economic globalization is not a new phenomenon. Because capitalism views the whole world as its stage for expansion as soon as it was born, and the process of economic globalization and the expansion of capitalism advance together. The present process of capitalism advance together. The present process of economic globalization, which is led and pushed forward by the developed capitalist countries, is the new stage in the development of capitalism. The economic globalization has sharpened the intrinsic contradiction in the world system of capitalism, and certainly will lead to the economic and political crisis of capitalism.