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Who Lives Well in the Global Village?: On the Complicated Choice Between “Living a Long Prosperous Life,” “Living an Awful but Short Life,” and “Living Decently, but Separately”

Who Lives Well in the Global Village?: On the Complicated Choice Between “Living a Long Prosperous Life,” “Living an Awful but Short Life,” and “Living Decently, but Separately”

Copyright: © 2018 |Pages: 43
ISBN13: 9781522549666|ISBN10: 1522549668|EISBN13: 9781522549673
DOI: 10.4018/978-1-5225-4966-6.ch006
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MLA

Denis Ushakov. "Who Lives Well in the Global Village?: On the Complicated Choice Between “Living a Long Prosperous Life,” “Living an Awful but Short Life,” and “Living Decently, but Separately”." Regulation and Structure in Economic Virtualization: Emerging Research and Opportunities, IGI Global, 2018, pp.143-185. https://doi.org/10.4018/978-1-5225-4966-6.ch006

APA

D. Ushakov (2018). Who Lives Well in the Global Village?: On the Complicated Choice Between “Living a Long Prosperous Life,” “Living an Awful but Short Life,” and “Living Decently, but Separately”. IGI Global. https://doi.org/10.4018/978-1-5225-4966-6.ch006

Chicago

Denis Ushakov. "Who Lives Well in the Global Village?: On the Complicated Choice Between “Living a Long Prosperous Life,” “Living an Awful but Short Life,” and “Living Decently, but Separately”." In Regulation and Structure in Economic Virtualization: Emerging Research and Opportunities. Hershey, PA: IGI Global, 2018. https://doi.org/10.4018/978-1-5225-4966-6.ch006

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Abstract

Global companies, transforming their own environment of functioning, are oriented first of all on changing the logic of classical capitalistic relations and behavior. In this context, these companies are trying to implement their strategies of corporate social responsibility which is essentially an additional socialized instrument limiting the regulative competences of the state. In this chapter, we assess the potential prospects of non-regulated globalization which today takes into account only the corporate interests of the largest businesses, in particular, those interests which eventually may lead to the world division into its incorporated and non-incorporated parts. This, in turn, will lead to the situation when the world markets of mass consumption are not connected at all to the local markets of resources and production factors. In the final part of this chapter we also make an attempt to present some sort of an alternative to the globalized concept – development of self-sufficient economy. The latter does not fully exclude external economic relations as such and/or exploitation of market potential or resources from foreign states. However, this self-sufficient economy makes national economic policy much more socially oriented (aiming at fairness and social justice). At the same time, it is also more expansionary when it comes to external policy (that is, aimed at “grooming” highly competitive so-called national champions, the expansion of which at the world markets must be fully supported by the state).

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