Muslim capitalism of Arabian countries




The concentration of all power is in hands of dynastic sheiks. Democratic institutions does not play any role in these countries. There is high average indexes of life standards but in reality there is a high separation between the rich and the poor. Basis of valuables is Koran.

African capitalisms of militaristic feudal type

For African capitalisms agrarian and raw-material economics are a basis. It can be characterized by high level of poverty, famine. There is a small layer of very rich people. It has clannish tribal democracy.

Latin American model

This is an autocratic criminal capitalism of agrarian type. This model is characterized by high segregation of population, corruption and high rates of crime.

It is clear that all the models listed above are constantly in a changing process as concerning the form and main points. In what direction are they changing? The answer to this question demands the careful analysis of each concrete model. But even in this case it will differ according to this or that ideology which consciously or unconsciously the researcher adheres.

Capitalism in Russia

Capitalism in Russia is a capitalism of neo-colonial type.

It is characterized by the dependence from the West. In the centre there is pro-American and pro-Western regime, based on the bourgeoisie. There is high separation between the rich and the poor and a small layer of very rich people. These rich people earn money by operations with foreign capital.


World Financial Crisis

“Few people today realize that economical globalization involves crises globalization” (S. Maltsev)

The current economic crisis, in fact, begun a few centuries ago - at the time of the rise of capitalism. The system, which is based on the idea of innovation and promote scientific and technological progress in debt, so the manufacturer can create an additional product, exchanging it for money, food and other benefits, sooner or later, had to collapse.

The current global financial crisis, there are many different reasons. But, in our opinion, there are two main reasons that a local crisis of U.S. mortgage poor quality escalated into full-blown global crisis. Firstly, it's extremely high debt load of our financial and economic system. And, secondly, it has reached an unprecedented level of globalization of the world's financial processes.

First make our system extremely vulnerable to a situation of falling prices, while the second allowed the crisis quickly spread throughout the world system.

In this sense conversion into securities of U.S. mortgage debt of poor quality only played the role of a detonator for a bomb lying long under the global financial system.

Of course, if the pre-crisis prices of many asset classes were not as high, if the shoulders were not so great if the interdependence of markets was not so strong; the crisis has not escalated to the world.

At the beginning of this year there was a World economic forum in Davos. It has fallen with criticism upon globalization, capitalism, bankers and the authorities. Modern form of winning virtually all the capitalist world can surely be called financial capitalism. This primarily refers to the role that global finance and they created the global financial markets play in today's world order.

“It is not simply world crisis. It is crisis at globalization conditions, it is globalization crisis” has declared the president of France Nikolas Sarkozy. According to the president of France, the finance, free trade and a competition “only means, instead of the purposes in itself”. Businessmen were replaced by speculators.

We considered that a freedom or enterprises above all and by that have weakened democracy. Before us there is a crisis not economic, but deeply public. Also that it at all hasn’t ended that any “bottom” is not reached, and that continuation follows.

Key questions today- not to replace capitalism, but how to develop it in less inconsistent form.

 


Conclusion

 

As a conclusion we would like to say, that key questions today- not to replace capitalism, but how to develop it in less inconsistent form. And we have two different ways of the solution:

1. We ourselves will change sights at economy.

2. Time will force us to change them.

Clear for understanding the fact that the world in future will be not such as world today’s. The world needs the renewed capitalism and general values.

We must satisfy a need in protection, justice and equal possibilities by means of cooperation, adjustments and state administration, or the world expects isolation and protectionism.

In the future it will be an era of regulation, and in the world broken into large economic regions, consisting whenever possible for the countries with as much as possible homogeneous economy and levels of development.

And we should remember that capitalism is a system and any system live definite period of time. Another system should change capitalism on its place.

 


List or resources

1. www.polit.nnov.ru

2. www.kontinent.org

3. www.wikipedia.org

4. О множественности моделей капитализма см.: Crouch C. Capitalist Diversity and Change. Oxford: Oxford University Press, 2005.

5. David Coates, “Models of Capitalism: growth and stagnation in the modern era”

6. Models Of Capitalism, “Debating Strengths And Weaknesses”

7. Федотова В.Г. Глобальный капитализм: три великие трансформации: социально-философский анализ взаимоотношений экономики и общества

8. https://www.ashgate.com/pdf/SamplePages/Globalization_The_Juggernaut_of_the_21st_Century_Intro.pdf

9. https://www.patriotica.ru/enemy/arin_kapkan.html


[1]www.wikipedia.org



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