Understanding Global Capitalism: Passive Revolution and Double Movement in the Era of Globalization

Resource type
Authors/contributors
Title
Understanding Global Capitalism: Passive Revolution and Double Movement in the Era of Globalization
Abstract
This paper attempts to provide a framework for understanding the way globalization has reshaped the terrain and parameters of social, economic and political relations both at the national and global levels, and exerted pressure on the resiliency capacities of capitalism. It proposes to examine the ways social relations of domination and subordination are produced, reproduced and maintained while continuously undergoing transformations. Through conceptualizing the evolution of the capitalist world order in a historical perspective and by exploring the changes of relations brought about by the intensification of globalization since the 1990s, the objective is to generate a perspective for understanding such a process based on the application of Gramscian and Polanyian theoretical and analytical categories. The conclusion aims to convey that the process is contingent on both structures and agencies and it also produces the opposite result: i.e. reducing the legitimacy of capitalism's hegemony and especially limiting its resilient capacities.
Publication
American Review of Political Economy
Volume
4
Issue
1-2
Pages
36-55
Date
December 2006
Journal Abbr
American Review of Political Economy
Language
English
ISSN
15511383
Short Title
Understanding Global Capitalism
Library Catalog
EBSCOhost
Citation
Xing, Li, and Jacques Hersh. 2006. “Understanding Global Capitalism: Passive Revolution and Double Movement in the Era of Globalization.” American Review of Political Economy 4 (1–2): 36–55.
Publication year
Keywords
  • capitalism
  • capitalist systems: political economy
  • colonialism
  • double movement
  • globalization
  • imperialism
  • international economic order
  • postcolonialism

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