scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 9,690
GLOBALISATION AND THE CONTRADICTIONS OF PERIPHERAL CAPITALISM IN NIGERIA INTRODUCTION Globalization will benefit globalization is good and it will bring even development to various economies These are what is heard on the corridor of neo-liberalist lauding and glorifying the concept as if it is a demi-godBut do not be deceived for globalization is not what it sounds like Looking back to the periods of 1979 it is recallable that the ideas of globalization could be attributed to the trade policies of the Thatcher administration in the United Kingdom summed up as thus Privatization of states assets Cuts in public spending particularly through dismantling of welfare states De-regulation of labour market Liberalization of trade which is forcing countries to open up their markets for foreign competition The basic focus of these policies was however the increase or maintenance of capitalist profits through increased exploitation of workers and undeveloped countries Said Adejumobi 2001 In the academic world globalization has become a phenomenal point of discussion As Frederick Jameson describes it the untotalizable totality weighs in deed on contemporary scholarship like incubus Jordi Martell 2002 As phenomenal as it is so has it generated much contentionGuillen 2001 argues that observers and theorists of globalization have variously argued that the rapid increase in cross-border economic social and technological exchange is civilizing destructive or feeble But then whichever way when it comes to peripheral capitalist states there is much contradiction However those that argue in favour of globalization emphasize that globalization is bringing a new unprecedented opportunity to the world an opportunity that would engender greater prospects of development and technological advancement Thus is globalization really happening The question is so put in that the concept per se seeks to promote global economy integration and trade liberalization It tends to promote advancement in socio-economic cum socio-technological development Yet the global economy clearly shows a lucid and stunning disparity in the
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA