Globalization of capitalism, agriculture and the negation of nation states

Abstract

Attempts to trace the process of internationalization of production since the late nineteenth century, which has laid down the path and pattern of modern economic growth in the Third World. Industrial capitalism emerged historically in the UK with the Industrial Revolution, and was subsequently transplanted first to western Europe, North America, Australasia and Japan and then to the rest of the world. In this process, capitalism has released and developed the world’s productive forces. Today, it has achieved an unlimited capacity to produce, diversify, improve and exploit both human and natural resources. As a consequence, the world is becoming richer in capital accumulation and material goods but, paradoxically, poorer, with increasing human miseries and environmental deterioration. In a capitalist system of production, the latter is an inevitable consequence of the success achieved in the former.

Citation

Maitra, P. (1997), "Globalization of capitalism, agriculture and the negation of nation states", International Journal of Social Economics, Vol. 24 No. 1/2/3, pp. 237-254. https://doi.org/10.1108/03068299710161241