According to the author, the catching-up models of certain Third World countries focusing on industrialisation cannot be applied in Eastern Europe because in this region the national economies have been industrialised. The adjustment to Europe requires dynamic economic development though in practice both capital importing and capital accumulation strategies have to face a number of obstacles.
All posts by sz szilu84
Marginal notes to Ulrich Busch’s article
Georg Ritzer on the mcdonaldisation of society
The organisational principles known from the McDonald's type fast food restaurants show up time after time in all different spheres of our life, from leisure activities to education and politics. This book review outlines the major features of the often self-defeating retionalisation attempts in society and economy. (George Ritzer: The McDonaldization of Society)
Domestic capital, foreign capital
An outline of alternative aproaches to the relationship between domestic and foreign capitals, their comparability and hierarchy.
The beast from inside – Korten on corporations ruling the world
Professor D.C. Korten claims that the modern world economic system is fundamentally ill-conceived. Even the nation-states cannot defend people from multinational corporations. An eficient and humanitarian protection of living conditions can only be expected from local co-operation, local exchange and local markets. (David C. Korten: When corporations rule the world)