In this article the author presents the fact of transnationalisation and provides a critical analysis of the different interpretation of these facts. He analyses the process of globalisation and discusses its advantages and disadvantages. He points out that transnationalisation is generally disadvantageous for the countries outside the centre and especially their poorer groups. He directs the attention to the fact that transnationalisation is often a disguise of certain (stronger) national interests; the significance of the implementation of national interests remains. Transnationalisation does not resolve the structural crisis of the world economy that has been prevalent for a long time.

In this article, Amin summarises his famous theory of "delinking", he opposes the two strategies of the underdeveloped countries: the following, catching up type of development linked with the capitalist world market and the "delinking" one, the "populist-national" strategy linked more organically with their own cultural traditions which is egalitarian in distribution. He differentiates between this latter one and socialism but states that the model "delinking" from the world economy may lead more to that than other model serving the centres of capitalism.

In this article Amin analyses the causes of the failure of "the Soviet method of production". He quotes as the most direct cause the (Stalinist) alienation from the masses of people, the cause of which in his opinion, was the Leninist economism which necessarily lead to the strategy of "catching up" with capitalism instead of "delinking" that Amin considers as would have been needed. He criticises the fact that market was not sufficiently eliminated, democracy was not enough wide spread and no power was given to the workers to control technocracy. (In this respect the author regards the Chinese model to be more successful.) He stresses that despite this, the Soviet model shows better achievements in certain fields than capitalism. He revises some thesis of the criticisms of the Soviet Union, including the wide spread ideas of "the shortage economy", "the administrative model", the "militarist society" and "totalitarianism", none of which is suitable to describe the specific features of that model.

Relying on statistical data Ross too, argues that the past few years of the world economy have been the age of decline and dramatic polarisation. Amidst growing impoverishment the performance of the "small tigers" of Asia can be considered as an exception and not the model of advancement. The Fukuyama apotheosis of liberal capitalism is just an apology denied by a multitude of fact.

Starting out from the historical facts of interdependence of Eastern and Western Europe, he takes one after the other the criteria of "being European". He joins those who stress the specific characteristics of Central Europe. He states that the realisation of the principles of socialism can only take place with the development of the European middle class socialisation and the values of Christianity. For this reason, among others, the Soviet model has proved to be a dead end.