Global Capitalism: Neoliberal Globalization

Improved Essays
Achieving unobstructed economic activities by efforts of ultimate economic liberalization

Over the past two decades, economic liberalisation by global productivities has been increasingly expanding and persisting the advancements of western economic growth (Stehr & Strasser, 2004, p. 4). Many people from developed countries have prospered from ‘globalism’ (Robertson, 2003, p. 4) as a result of cross-border trade and investments. However for developing countries, that are not sizeable enough to be competitive or successful on world markets, due to a lack of entrepreneurial dynamism, effectively render prosperity and development to leading regions (Huggins, et al., 2014, p. 258). In a freely competitive environment, entrepreneurs will have more
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Neoliberal globalization has an important habitual conditioning effect on the types of transnational rivalries which in turn, characterise and shape the nature and extent of power established internationally (Stephen, 2014, p. 921). Given the existing space for alternate economic growth systems, Aoyagi and Ganelli suggest a conventional insight in which equality is seen as critical emerging ideology (Aoyagi & Ganelli, 2015, p. 30) to address the plethora of issues connected with transforming current ever growing complexities of capitalism transferable to a post-capitalist movement. As far as economic growth is concerned with productivity, a shift towards reciprocal social demands rather than profit margins strengthening the collective confidence to launch social innovations benefiting both the promoters and the community which supports them. A conjoined communal participation effort equally from both genders alike, productivity by the manufacturing and assembling of goods and services that channels and fosters co-operative networks of local, national and international arrangements working towards a democratic regulation of economic activity on a local, national and international frame (Dacheux, 2011, p. 214) shaping a solidarity …show more content…
207) of the socialist alternative. Movement and revolutions since the mid nineteenth century provide rich lessons of the aims, demands and methods of anti-capitalist struggle, and are useful in guiding an effort of change. Limitations and obstacles for a solidarity economy are challenged by communities to ‘think and act with the historically subordinated and marginalized peoples; to unlearn their uni-national, colonial, and monocultural learning; and to relearn to learn so as to be able to complement each other, and co-exist and co-live ethically’ (Harcourt, 2014, p. 1324). By building a broad platform for living economies or alternatives from community needs, which are inter-generational and gender aware, based on an ethics of care for the environment (Harcourt, 2014, p.

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