However, while not so long ago the world was a sum of relatively closed-off social systems, at the moment, all local social and economic systems assume an open character and cannot be studied unless in the global context.
As the economies of several countries are being integrated, globalization continues moving past the economy, which supplied the initial terminology for it, and begins to take on a global, total character that cannot be reduced to particular patterns, giving rise to the unpredictable chaos of processes of different order that are happening in social, economic, political, cultural and other spheres of social life. From the perspective of these processes’ systemic interaction, they make up globalization with its integral but internally contradictory and unstable structure. That is why the analysis and prognosis of the development of globalizational processes is being impeded by the transition from the technical and social progress of the previous two centuries towards a growing uncontrollability and global catastrophe
Thus, globalization, as a leading social phenomenon of our times is the establishment, development and qualitative increase in the interconnection of the global environment – in particular, its economic, political, informational and social sphere. It qualitatively strengthens interactions within the society and therefore causes increasing conflict among all social entities.
As a result of this, crisis processes are sharply amplified in the time of globalization, which is a qualitatively new stage of historical evolution. Globalization is shown to be a progressively less stable system of crises and catastrophes on all planes of existence that feed into each other.
1.1. Globalization as a sociohistorical phenomenon
Globalization has a temporal dimension apart from functional dimensions such as economic, social, political and others.
Globalization is not a new tendency: intergovernmental, intercivilizational, and trade links and interactions have played a significant role throughout the history of humankind that has been through a few cycles of “globalization-localization’.
During the Hellenistic period and Roman domination, the prevailing tendency was for globalization (or, to be more exact, ecumenization, considering the isolation of the new world and the periphery of Eurasia and Africa). Conversely, regionalization and fragmentation of the territory into feudalistic and religious enclaves was the leading tendency of the Middle Ages.77
The Age of Discovery became a new step towards globalization, bringing the previously isolated territories of the New World, Africa and Asia into the global historical and economic process. However, in terms of the degree of involvement in globalization of elites and local communities (including the European ones) up until the twentieth century, trade volumes were comparable to only a few percent of domestic manufacturing and transcontinental migration routes only concerned a small part of the population. The Hispano-Portuguese colonization of the New World that drew people out of parent states and streams of gold flowing into Europe were more of an exception proving the rule.
Globalization was preceded by the epoch of industrialism, which began with the creation of the railway tracks, steam fleet and telegraph that greatly changed the man-made environment and lifestyle in general.
It should be noted that globalization is traditionally considered to be preceded by the fight of the colonial empires over their share of Africa and the Second Boer War78 that ushered in the period of the global tug-of-war to remake the world order, including the two world wars.
It is not insignificant that the concept of imperialism, which was initially aimed against the domination of the British Empire, was fully formed and became a widely accepted political term by the beginning of the World War I.
On no account was Lenin’s famous work Imperialism, the Highest Stage of Capitalism (1916)79 a first attempt to construct a theory of imperialism. It was, instead, built as a polemic debate with an earlier work by Karl Kautsky80. It also contains references to other earlier works by German, French and British authors, in particular Hobson’s Imperialism.81
Considering this work as a fait accompli, a century later one may see that Lenin, as a representative of the Marxist paradigm, was truly successful in singling out the essential features of a new stage of the development of capitalism that have fully shown themselves recently. They include not only the tendency towards monopolization of markets, which a hundred years ago had already come to replace “free competition’, a concept that became an ideological construct. The work also described the leading role of financial capital; the transition of incomes from the real sector to the financial; an outpacing development of export of capital; the transformation of metropolitan states into rentier states, or “Rentnerstaat’; and a new role of banks as the centres from which the economy is managed. Stock companies and subsidiaries that form – to put it in contemporary terms – transnational networks are given a special role in that work, as one of the key phenomena that defined the establishment of globalization as a qualitatively new stage of the sociohistorical evolution of humankind.
Lenin also remarked on the tendency of German capital to be exported into British colonies through the head of the empire, circumventing the colonial ownership – in other words, a tendency to move financial capital to jointly use less developed countries, a trend that fully manifested itself after World War II during neo-colonialism.
We can see that the theory of imperialism created at the beginning of the twentieth century within the Marxist paradigm contained all features typical of the end of the twentieth century and the beginning of the twenty-first: that is, it was capable of defining the key features of globalization a hundred years before it came about.
In fact, only a chain of terminological innovations prevents us from seeing the globalization of the twenty-first century as a direct continuation of imperialism from the time of Cecil Rhodes,82 which was interpreted by contemporaries quite adequately, as we may see today.
However, the theory of imperialism, quite well-formed and corresponding fairly well to the social practice, was undeservedly forgotten at the end of the twentieth century: at the time, the establishment of globalization was a leading systemic phenomenon that was behind the fight among sociopolitical systems which defined the course of the twentieth century, so globalization then seemed something essentially new.
Nevertheless, despite the few manifestations of globalization, the impressive increase in physical and financial volumes of international trade (especially during the world wars that spurred on international trade and cargo turnover), nation states and regional blocs during imperialism and industrialism generally had closed-off economic, political and informational spaces. In a situation where internal networks were more important than external ones and where the state could be seen as a closed-off self-regulating system, allowing for external trade, the world could be seen as the sum of its parts, the description of which did not require states to be viewed as part of a global system.
The watershed moment for globalization came when the world’s leading states de facto turned into an open socioeconomic