Category Archives: Periodical

Modernism and global hegemony

Interpreting modernity as consulting practices to cope with the perpetual change deriving from the capitalist imperative to ceaseless accumulation, it is argued that world hegemonic states create exceptional periods of change which stimulate major constructions of modernity. The nature of these modernities is explored through the creative arts where the hegemon's civil society has been a cultural as well as an economic leader.

Foreign capital in the transition process

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.