Globalization Is Coming: Prepare Flowers or Sharpen Swords?  Cover Image
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Globalizacija se približava: dočekati je sa cvećem ili naoštriti sablje?
Globalization Is Coming: Prepare Flowers or Sharpen Swords?

Author(s): Miroslav Jovanović
Subject(s): Economy
Published by: Nova srpska politička misao
Keywords: globalisation; fragmentation; transnational corporations; foreign direct investment; technology; integration;

Summary/Abstract: Globalisation is a great economic and political story of our times. There is a lot of confusion and disagreement in discussions as the process of globalisation means different things to different people. If globalisation is the outcome of the behaviour of transnational corporations, then this process is made possible by new technologies that permit fragmentation of production and fall in the cost of transport and communications. The power of firms increased to the detriment of the power of the state. Still, governments supported by the general public and non-governmental organisations are able to put a cap on the globalisation process. Globalisation brings many amenities to the society. There were once hopes that globalisation would benefit everyone. As time passes by, globalisation’s downside becomes more and more apparent. If the goal of globalisation is to introduce and force the same standards for all and everywhere (including in the way how the people think), then it does not differ from neo-communism in the final objective.

  • Issue Year: 15/2007
  • Issue No: 03+04
  • Page Range: 317-343
  • Page Count: 25
  • Language: Serbian