Shades and Penumbra of Globalization

Mircea Perpelea, Marin Opritescu and Sebastian Perpelea
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Mircea Perpelea: National Bank of Romania
Marin Opritescu: University of Craiova Faculty of Economics and Business Administration
Sebastian Perpelea: University of Craiova Faculty of Economics and Business Administration

Finante - provocarile viitorului (Finance - Challenges of the Future), 2015, vol. 1, issue 17, 9-19

Abstract: Those who are often identified as challengers of globalization, from the standpoint of defending a defined modernity since the inception of capitalism1, they are, in most cases, only one or all of the contestants of the dominant paradigm of globalization. Almost no one denies that requires empirical reality - that the current world is changing, both in the most developed societies, and as a result their impact on other companies, globally. Change exists and it is not contested. Its interpretations are contested and the practice based on these interpretations that are to be adopted in relation to them. Stating that this practice is itself a component of globalization, one of the factors that shape, may extend or limit his influence and can “tame” those it deems undesirable effects. Therefore, the debate about globalization acquires exceptional importance in relation to reality. Because it has become one of the most important components of this reality, yet we, that is globalization. And because the way in which reality will evolve from now on will depend, in turn, how that will evolve debate about globalization, building intellectual infrastructure, knowledge and value that will underpin future political and economic action. As stated, rightly, Immanuel Wallerstein, just we humans are the ones who, through their ideas, beliefs and actions constitute uncertainty factors of the future.

Keywords: globalization; shades; penumbra; scenario (search for similar items in EconPapers)
JEL-codes: F00 G00 (search for similar items in EconPapers)
Date: 2015
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