Post-War Global Accumulation And The Transnationalisation Of Capital  

Oleh:

Bina, Cyrus ; Yaghmaian, Behzad

Jenis: Article from Journal - e-Journal
Dalam koleksi: Capital & Class vol. 15 no. 1 (Apr. 1991), page 107-130.
Fulltext: 107.pdf (127.68KB)

Isi artikel

The authors argue that the periodisation of history of modern capitalism in conjunction with the internationalisation of circuits of social capital is a powerful tool for the analysis of transnational economy. It is shown that the post- World War II import substitution and export-led industrialisation strategies are both a part and parcel of the internationalisation of capital. The state’s task in this highly globalised capitalist era is more complex and contradictory than in the earlier stage. The state’s role in the present period is to pursue ‘national’ policies within an increasingly transnational environment. Here the contemporary nationstate has no choice except to go beyond itself in order to meet the challenge of encroaching transnational capitalist social relations.

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