From The Basic Contradictions Of Capitalism To See Economic Globalization

The divergences of views on economic globalization in current academic circles mainly focus on how to define its essence. The root cause of the divergences is that research fellows have diversified world outlook and research methods. There is important theoretical and practical value in studying the essence of economic globalization. The thesis expounds that economic globalization is the capitalist productive model's world expansionism, which is propelled by capitalist basic contradiction, also the course that capitalism led by developed capitalist countries gradually turns into world market with the aid of advance of science and technology, in the main formation of international financial capital and by the main media of transnational corporations. It includes productive power's globalization and productive relations' globalization. Economic globalization has been undergoing three phases: commercial capital globalization, financial capital globalization and industrial capital globalization.Economic globalization, one of the phases that capitalist productive model has developed, means that it is special representatives of all kinds of contradictions inherent in capitalist productive model. The course of economic globalization can be divided into many phases, but , in any case, capitalist basic contradiction and other inherent ones, such as the contradictions between the bourgeoisie and the proletariat, between developed capitalist countries, between developed capitalist countries and developing countries , between capitalist countries and socialist countries , are still the major factors to restrict the course of the economic globalization. So the positive and negative effect should be analyzed comprehensively and dialectically.Economic crisis is the result that all sorts of capitalist social contradictions have grown and also the practical synthesizing and compulsory balancing of every contradiction of the capitalist class's economic relations, but these economic crises are fully expressed only on the world market. World market crises today tend to transfer from developed countries to developing industrial countries. It is a prelude to general crisis of world market that partial world financial crises broke out in developing countries. Frequent outbreaks of economic crises show that economic globalization can not resolve the capitalist basic contradiction which is accumulating and deepening by degrees. Finally, the realization of economic globalization will be the limit of the capitalist development. Because economic globalization bring out the two ' universal development' of the social productive forces and the world contacts, it will surely change into global communism.