Authors:
José Alberto López Rafaschieri and Luis Alberto López Rafaschieri
www.morochos.net
To get clues about what will come after the financial crisis of 2008-2009, we must look to the past to understand the processes that have always been present in capitalism, and that even after the crisis will continue in effect. On this occasion we highlight one: Globalization.
Capitalism has been showing, since its birth, a strong globalizing trend, characterized by international economic integration efforts that seek to expand the exchange of goods and services.
Contrastingly, when the economic crisis of 2008-2009 began, some thinkers such as Walden Bello said that the globalization process would be affected, and argued that economies would start a process of “unglobalization”.
However, global markets produce bigger companies that generate more wealth, pay more taxes, employ more people and satisfy more needs. Thus this globalizing process has everything in favor to continue, as it benefits workers, governments, consumers and businesses.
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