Jan 15 2009
working within the system capitalism 2
The capitalist world-economy is so strong that not only do other systems work within the framework of it, but they also work with it. The erosion of the separation of System and State is commonly thought to be a rather recent development in today’s post-World War II globalized world, but, in truth, the capitalist world-economy and the political arena have always been integrated. “In the real world of historical capitalism, almost all commodity chains of any importance have traversed these state frontiers…Moreover, the transnationality of commodity chains is as descriptively true of the sixteenth-century capitalist world as of the twentieth-century.”[1]
[1] Ibid., 31.
