PL EN


2009 | 2 | 56-71
Article title

THE WORLD FINANCIAL CRISIS IN THE CIVILIZATIONAL DIMENSION (Svitova finansova kryza u tsyvilizatsiinomu vymiri)

Title variants
Languages of publication
UK
Abstracts
EN
The article contains analysis of deep civilization sources of modern financial economical crisis. The author shows the nature of crisis being conditioned by mechanisms of classic capitalism. The direct consequences of such developments are: basic overcoming of geo-economical locality; complication of labor division as a pre-condition of the equivalent redistribution of WGP on behalf of the Kernel of the World-system at the expense of the Rest, i.e. World Periphery and Semi-periphery (I. Wallerstein). Essential connection of financial imperialism with market principles of maximization, on the one hand, and the growth of financial intermediary constituent at the level of global economy, on the other hand, is also exposed. The sources of world financial crisis of 1929 triggered by Great Depression are typologically correlated with the modern world crisis phenomena, such as virtualization of financial streams made possible within not so much postindustrial, as namely informational society. According to author's hypothesis the unique effective alternative to subsequent development of the global crisis phenomena adds up to adoption of social principles of corporate solidarism.
Publisher

Year
Issue
2
Pages
56-71
Physical description
Document type
ARTICLE
Contributors
  • Oleksandr Shmorgun, Institut svitovoi ekonomiki i mizhnarodnykh vidnotsin, NAN Ukraini, vul. Leontovicha, 5, 01030, Kyiv 30, Ukraine
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
09UAAAAA068315
YADDA identifier
bwmeta1.element.24d7cf60-9a4c-375a-aea7-8e99cfb0a0ee
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