The postmodern ethics of global capitalism

Global capitalism constitutes a concept surrounded by contention and controversy, fact which is evidenced by the abundance of studies regarding it, and probably the main feature which is nowadays questioned is its moral behaviour. The present study intends to provide an opposite explanation regarding the ethics of global capitalism by associating it with the contemporary movement of post-modernity. The aim of this paper is to demonstrate that global capitalism, since it reflects societies’ ethics, cannot be intrinsically good or bad, but morally ambivalent, the determination of global capitalism to be more unprejudiced depending on the willingness of individuals to be moral.                                                                                                     

The Capitalist Development Pathway of Eastern Europe: A Comparative Study between Eastern Europe,Southeast Asia and Latin America

The study examines the delimitation of the economic development models, dependent versus nationalist capitalism, in the emerging countries of Eastern Europe, Latin America and Southeast Asia. We took into account a series of analyses on how the adopted development policy influenced the economic growth in those regions, in order to explain one of the reasons for the existing differences in their economic performance. Throughout the article, based on empirical data, we conclude that the capitalist development model chosen by Eastern Europe was the dependent one, being thus more vulnerable to external shocks like in the recent context of global recession.dependent capitalism, nationalist capitalism, globalization, growth, market liberalization.