Uneven and combined globalization

Detalhes bibliográficos
Autor(a) principal: Belluzzo, Luiz Gonzaga de Mello
Data de Publicação: 2019
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Revista Brasileira de Economia Social e do Trabalho
Texto Completo: https://econtents.bc.unicamp.br/inpec/index.php/rbest/article/view/12321
Resumo: The restructuring of capitalism involved profound changes in the way companies operate, in the integration of markets and in the sphere of state sovereignty. Economic globalization has intensified competition between companies, workers and nations. The hierarchical, dollar-led international monetary order has boosted uneven and combined development. The aim of this paper is to stimulate reflection on contemporary capitalism from the perspective of political economy. The dynamics of financial flows and the increase in wealth stocks have had impacts on macroeconomic management, job creation and income distribution in developed countries. The early deindustrialization of Latin American economies and the consistent industrialization of Asian economies altered the international division of labor and differentiated the capitalist periphery. The financialization of wealth and the empowerment of rentierism have constrained most governments to work towards full employment and social protection. The widespread global value chains and the redefining of the pattern of competition by large corporations have negatively affected unions and the labor market, increasing unemployment (even if in disguise) and precarious labor relations.
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spelling Uneven and combined globalizationGlobalización desigual y combinadaMondialisation inégale et combinéeGlobalização desigual e combinadaGlobalizationFinancializationMacroeconomic policy.MondialisationFinanciarisationPolitique macroéconomique.GlobalizaçãoFinanceirizaçãoPolítica macroeconômica.GlobalizaciónFinanciarizaciónPolítica macroeconómica.The restructuring of capitalism involved profound changes in the way companies operate, in the integration of markets and in the sphere of state sovereignty. Economic globalization has intensified competition between companies, workers and nations. The hierarchical, dollar-led international monetary order has boosted uneven and combined development. The aim of this paper is to stimulate reflection on contemporary capitalism from the perspective of political economy. The dynamics of financial flows and the increase in wealth stocks have had impacts on macroeconomic management, job creation and income distribution in developed countries. The early deindustrialization of Latin American economies and the consistent industrialization of Asian economies altered the international division of labor and differentiated the capitalist periphery. The financialization of wealth and the empowerment of rentierism have constrained most governments to work towards full employment and social protection. The widespread global value chains and the redefining of the pattern of competition by large corporations have negatively affected unions and the labor market, increasing unemployment (even if in disguise) and precarious labor relations.La reestructuración del capitalismo significó cambios profundos en el modo de operación de las empresas, en la integración de los mercados y en la esfera de la soberanía del Estado. La globalización económica ha intensificado la competencia entre empresas, trabajadores y naciones. El orden monetario internacional jerárquico, dirigido por el dólar, potencializó un tipo de desarrollo desigual y combinado. El objetivo de este artículo es estimular la reflexión sobre el capitalismo contemporáneo desde la óptica de la economía política. La dinámica de los flujos financieros y el aumento del stock de riqueza han tenido un impacto en la gestión macroeconómica, la creación de empleo y la distribución del ingreso en los países desarrollados. La desindustrialización temprana de las economías latinoamericanas y la industrialización constante de las economías asiáticas alteraron la división internacional del trabajo y diferenciaron la periferia capitalista. La financiarización de la riqueza y el empoderamiento del rentismo redujeron la participación de la mayoría de los gobiernos en pro del pleno empleo y la protección social. La difusión de las cadenas globales de valor y la redefinición del patrón de competencia por parte de las grandes corporaciones han afectado negativamente a los sindicatos y al mercado laboral, aumentando el desempleo (incluso disfrazado) y la precariedad de las relaciones laborales.  La reestructuration du capitalisme e entraîné de profonds changements dans le mode de fonctionnement des entreprises, dans l’intégration des marches et dans la sphère de la souveraineté des États. La mondialisation économique a intensifié la concurrence entre les entreprises, les travailleurs et les nations. L’ordre monétaire international hiérarchisé, dominé par le dollar, a favorisé um dévelloppement inégal et combine. Le but de cet article est de stimuler la réflexion sur le capitalisme contemporain du point du vue de l’économie politique. La dynamique des flux financiers et la hausse des stocks de richesse ont a eu une incidence sur la gestion macroéconomique, la création d’emplois et la répartition des revenus dans les pays développés. La désindustrialisation precoce des économies latino-américaines et l’industrialisation cohérente des économies asiatiques ont modifié la division internationale du travail et différencié la périphérie capitaliste. La financiarisation de la richesse et l’autonomisation du rentier ont contraint la plupart des gouvernements à oeuvrer pour le plein emploi et la protection sociale. Les chaînes de valeur mondiales répandues et la redéfinition du modèle de concurrence des grandes entreprises ont eu um impact négatif sur les syndicats et le marché du travail, entraînant chômage (même déguisé) et des relations de travails précaires.A reestruturação do capitalismo envolveu mudanças profundas no modo de operação das empresas, na integração dos mercados e na esfera de soberania do Estado. A globalização econômica acirrou a competição entre empresas, trabalhadores e nações. A ordem monetária internacional hierarquizada, comandada pelo dólar, potencializou um desenvolvimento desigual e combinado. O objetivo do artigo é estimular a reflexão sobre o capitalismo contemporâneo pela ótica da Economia Política. A dinâmica dos fluxos financeiros e o aumento dos estoques de riqueza produziram impactos na gestão macroeconômica, geração de empregos e distribuição de renda nos países desenvolvidos. A desindustrialização precoce de economias latino-americanas e a industrialização consistente de economias asiáticas alteraram a divisão internacional do trabalho e diferenciaram a periferia capitalista. A financeirização da riqueza e o empoderamento do rentismo restringiram a atuação da maioria dos governos em prol do pleno emprego e da proteção social. A difusão das cadeias globais de valor e a redefinição do padrão de concorrência de grandes corporações afetaram negativamente os sindicatos e o mercado de trabalho, aumentando o desemprego (mesmo que disfarçado) e a precariedade das relações de trabalho.Universidade Estadual de Campinas2019-12-03info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionTextoTextoTexteinfo:eu-repo/semantics/otherapplication/pdfhttps://econtents.bc.unicamp.br/inpec/index.php/rbest/article/view/1232110.20396/rbest.v1i0.12321RBEST Revista Brasileira de Economia Social e do Trabalho; v. 1 (2019): Dossiê: Mercados de trabalho nacionais; e019001Revista Brasileira de Economia Social e do Trabalho; Vol. 1 (2019): Dossier: Mercados laborales nacionales; e019001RBEST: Revista Brasileira de Economia Social e do Trabalho; Vol. 1 (2019): Dossier: National labour markets; e019001RBEST: Revista Brasileira de Economia Social e do Trabalho; Vol. 1 (2019): Dossier: Marchés nacionaux du travail; e0190012674-9564reponame:Revista Brasileira de Economia Social e do Trabalhoinstname:Universidade Estadual de Campinas (Unicamp)instacron:UNICAMPenghttps://econtents.bc.unicamp.br/inpec/index.php/rbest/article/view/12321/7884World; ContemporaryMundial; ContemporáneoMondial; ContemporainMundial; ContemporâneoCopyright (c) 2020 RBEST: Revista Brasileira de Economia Social e do Trabalhoinfo:eu-repo/semantics/openAccessBelluzzo, Luiz Gonzaga de Mello 2020-10-26T16:30:16Zoai:inpec.econtents.bc.unicamp.br:article/12321Revistahttps://econtents.bc.unicamp.br/inpec/index.php/rbest/indexPUBhttps://econtents.bc.unicamp.br/inpec/index.php/rbest/oairbest@unicamp.br || ppec@unicamp.br2674-95642674-9564opendoar:2020-10-26T16:30:16Revista Brasileira de Economia Social e do Trabalho - Universidade Estadual de Campinas (Unicamp)false
dc.title.none.fl_str_mv Uneven and combined globalization
Globalización desigual y combinada
Mondialisation inégale et combinée
Globalização desigual e combinada
title Uneven and combined globalization
spellingShingle Uneven and combined globalization
Belluzzo, Luiz Gonzaga de Mello
Globalization
Financialization
Macroeconomic policy.
Mondialisation
Financiarisation
Politique macroéconomique.
Globalização
Financeirização
Política macroeconômica.
Globalización
Financiarización
Política macroeconómica.
title_short Uneven and combined globalization
title_full Uneven and combined globalization
title_fullStr Uneven and combined globalization
title_full_unstemmed Uneven and combined globalization
title_sort Uneven and combined globalization
author Belluzzo, Luiz Gonzaga de Mello
author_facet Belluzzo, Luiz Gonzaga de Mello
author_role author
dc.contributor.author.fl_str_mv Belluzzo, Luiz Gonzaga de Mello
dc.subject.por.fl_str_mv Globalization
Financialization
Macroeconomic policy.
Mondialisation
Financiarisation
Politique macroéconomique.
Globalização
Financeirização
Política macroeconômica.
Globalización
Financiarización
Política macroeconómica.
topic Globalization
Financialization
Macroeconomic policy.
Mondialisation
Financiarisation
Politique macroéconomique.
Globalização
Financeirização
Política macroeconômica.
Globalización
Financiarización
Política macroeconómica.
description The restructuring of capitalism involved profound changes in the way companies operate, in the integration of markets and in the sphere of state sovereignty. Economic globalization has intensified competition between companies, workers and nations. The hierarchical, dollar-led international monetary order has boosted uneven and combined development. The aim of this paper is to stimulate reflection on contemporary capitalism from the perspective of political economy. The dynamics of financial flows and the increase in wealth stocks have had impacts on macroeconomic management, job creation and income distribution in developed countries. The early deindustrialization of Latin American economies and the consistent industrialization of Asian economies altered the international division of labor and differentiated the capitalist periphery. The financialization of wealth and the empowerment of rentierism have constrained most governments to work towards full employment and social protection. The widespread global value chains and the redefining of the pattern of competition by large corporations have negatively affected unions and the labor market, increasing unemployment (even if in disguise) and precarious labor relations.
publishDate 2019
dc.date.none.fl_str_mv 2019-12-03
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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Texto
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dc.identifier.uri.fl_str_mv https://econtents.bc.unicamp.br/inpec/index.php/rbest/article/view/12321
10.20396/rbest.v1i0.12321
url https://econtents.bc.unicamp.br/inpec/index.php/rbest/article/view/12321
identifier_str_mv 10.20396/rbest.v1i0.12321
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://econtents.bc.unicamp.br/inpec/index.php/rbest/article/view/12321/7884
dc.rights.driver.fl_str_mv Copyright (c) 2020 RBEST: Revista Brasileira de Economia Social e do Trabalho
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2020 RBEST: Revista Brasileira de Economia Social e do Trabalho
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.coverage.none.fl_str_mv World; Contemporary
Mundial; Contemporáneo
Mondial; Contemporain
Mundial; Contemporâneo
dc.publisher.none.fl_str_mv Universidade Estadual de Campinas
publisher.none.fl_str_mv Universidade Estadual de Campinas
dc.source.none.fl_str_mv RBEST Revista Brasileira de Economia Social e do Trabalho; v. 1 (2019): Dossiê: Mercados de trabalho nacionais; e019001
Revista Brasileira de Economia Social e do Trabalho; Vol. 1 (2019): Dossier: Mercados laborales nacionales; e019001
RBEST: Revista Brasileira de Economia Social e do Trabalho; Vol. 1 (2019): Dossier: National labour markets; e019001
RBEST: Revista Brasileira de Economia Social e do Trabalho; Vol. 1 (2019): Dossier: Marchés nacionaux du travail; e019001
2674-9564
reponame:Revista Brasileira de Economia Social e do Trabalho
instname:Universidade Estadual de Campinas (Unicamp)
instacron:UNICAMP
instname_str Universidade Estadual de Campinas (Unicamp)
instacron_str UNICAMP
institution UNICAMP
reponame_str Revista Brasileira de Economia Social e do Trabalho
collection Revista Brasileira de Economia Social e do Trabalho
repository.name.fl_str_mv Revista Brasileira de Economia Social e do Trabalho - Universidade Estadual de Campinas (Unicamp)
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