Since at least the nineteenth century, the world has formed an economic unit. This, determined by the requirements of capital accumulation - expansion, growth and the commodification of needs - has led to new forms of regional and social inequality constantly emerging.
The increase in global interdependence that peaked at the turn of the new millennium is no longer evident by the middle of the current decade. Therefore, this book addresses the question of whether the term “global capitalism” is still an appropriate description of the world.Today, the turmoil in global relations has reached a new level, beyond cyclical crises. Protectionism and prohibition create a real divide in the world.
The transatlantic agglomeration is compared to the Eurasian-Pacific agglomeration. This difference manifests itself in trade, capital flows, travel, and financial transactions, as well as in cultural and scientific exchange.
At the same time, new alliances are emerging in the non-western part of the world, which is pursuing common interests through the BRICS + institutions.The coming decades are shaping up to be a “Chinese century” - a reference to the “British peace” of the 19th century and the “American century” after World War II.
