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Volume 53 Issue 8
November 2021
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Citation: Jinfeng GE, Zhigang YUAN and Xiaoyan FAN. Understanding Globalization: An Analysis from the Perspective of the Co-evolution of Economic-Social-Political System[J]. Academic Monthly, 2021, 53(8): 31-44. shu

Understanding Globalization: An Analysis from the Perspective of the Co-evolution of Economic-Social-Political System

  • Super globalization has swept the world since the 1980s. The world today is marked by changes unseen in a century, and globalization has fallen into a quagmire. How should we understand the current special plight of globalization? What is the characterization of changes unseen in a century? Based on the comprehensive perspectives of economics, political science, sociology and international relations, we construct a dynamic evolutionary framework integrating “economy-society-politics” to understand the deep-rooted contradictions of globalization in today’s world. We first review the evolution of global economic power and income distribution patterns during the recent wave of globalization, and presents a panoramic view of the beneficiaries and losers of globalization. In turn, we point out the evolution of the global economic foundation, that is, the changes in the global economic power structure and the deterioration of income distribution within globalization will transform the economic and social foundations, and then affect the superstructure: the country’s dominant thinking and ideology. The evolution of a country’s dominant thinking in the field of international relations and economic policies will inevitably affect its foreign strategy and policy formulation, which finally affects its own economic trend and even the historical process of globalization. At this point, we have completed a closed-loop analysis of “economy-society-politics” in which globalization affects the social and economic foundations, and then affects political ideology and policy formulation.
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    1. [1]

      Zhigang YUANZhiwei ZHENGJinfeng GE . The Predicament and Outlet of Global Economic Growth. Academic Monthly, 2020, 52(8): 67-82.

    2. [2]

      Xiang WEN . Sociological Narratives of the Globalization of the Art Market : Performance, Mechanisms and Consequences. Academic Monthly, 2022, 54(8): 118-128.

    3. [3]

      Yuanzhu DING . Construction of Social Relations Model: Community, Sovereign States and Globalization Perspective. Academic Monthly, 2019, 51(7): 66-75.

    4. [4]

      LIN Ka . . Academic Monthly, 2018, 50(9): 101-109.

    5. [5]

      Danli WANG . The Adaptation, Obstruction and Evolution of China’s Traditional Culture in Modern Economic Growth. Academic Monthly, 2023, 55(3): 58-66.

    6. [6]

      Zhang Kangzhi . . Academic Monthly, 2018, 50(5): 78-87.

    7. [7]

      Yi ZHOU . Thick and Thin: Traditional Chinese Values and Concepts in Globalization. Academic Monthly, 2022, 54(10): 120-133.

    8. [8]

      Ziniu NIU . The Contemporary Contradiction between Transnational Monopoly Capitals and Sovereign States. Academic Monthly, 2021, 53(7): 36-44.

    9. [9]

      . . Academic Monthly, 2017, 49(12): 78-89.

    10. [10]

      Ming CHEN . Introduction to Political Economy of China’s Rural Modernization. Academic Monthly, 2021, 53(9): 72-84.

    11. [11]

      ZHANG Guangting . The Belt and Road Initiative and Theoretical Innovation in International Politics and Economy —— An Analytical Framework. Academic Monthly, 2023, 55(9): 43-57.

    12. [12]

      Shouying LIUGuanglong WANG . The Political-Economy Logic of the China Miracle. Academic Monthly, 2021, 53(1): 48-62.

    13. [13]

      Wei LIU . The Doctrinal System and Theoretical Logic of Xi Jinping’s “Socialist Political Economy with Chinese Characteristics”. Academic Monthly, 2021, 53(5): 5-16.

    14. [14]

      Liang SUN . Reconstruction of the Concept of Sociality in the Context of Critique of Political Economy. Academic Monthly, 2022, 54(4): 14-21.

    15. [15]

      MA Yan . Political Economics Analysis of “Algorithm Revolution”. Academic Monthly, 2023, 55(6): 66-74.

    16. [16]

      . . Academic Monthly, 2017, 49(08): 51-57.

    17. [17]

      MENG Jie . From the Theory of State Distribution to the Theory of Socialist Public Finance with Chinese Characteristics—— A Political Economy Study on the Construction of Independent Knowledge System of China’s Financial Basic Theory. Academic Monthly, 2023, 55(12): 25-40.

    18. [18]

      Daogen ZHANG . A Political-economic Analysis of China’s Economic Institutional Innovation. Academic Monthly, 2020, 52(3): 5-14.

    19. [19]

      . . Academic Monthly, 2020, 52(6): 179-184.

    20. [20]

      Jing JIANGBingyao ZHANG . Deconstruction and Transformation: An Analysis of China’s Industrial Policy in Political Economy Perspective. Academic Monthly, 2022, 54(12): 59-70.

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          Understanding Globalization: An Analysis from the Perspective of the Co-evolution of Economic-Social-Political System

          Abstract: Super globalization has swept the world since the 1980s. The world today is marked by changes unseen in a century, and globalization has fallen into a quagmire. How should we understand the current special plight of globalization? What is the characterization of changes unseen in a century? Based on the comprehensive perspectives of economics, political science, sociology and international relations, we construct a dynamic evolutionary framework integrating “economy-society-politics” to understand the deep-rooted contradictions of globalization in today’s world. We first review the evolution of global economic power and income distribution patterns during the recent wave of globalization, and presents a panoramic view of the beneficiaries and losers of globalization. In turn, we point out the evolution of the global economic foundation, that is, the changes in the global economic power structure and the deterioration of income distribution within globalization will transform the economic and social foundations, and then affect the superstructure: the country’s dominant thinking and ideology. The evolution of a country’s dominant thinking in the field of international relations and economic policies will inevitably affect its foreign strategy and policy formulation, which finally affects its own economic trend and even the historical process of globalization. At this point, we have completed a closed-loop analysis of “economy-society-politics” in which globalization affects the social and economic foundations, and then affects political ideology and policy formulation.

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