Economic contradictions of globalization and localization and their modern manifestations

Abstract

The article reveals the methodological approaches in the research on the contradictions of globalization and localization, their movement at different stages of the development of society and their modern manifestations. It is found that the cell from which these contradictions grow in history is jointly divided labor. Jointness in the process of historical development reaches its limit in globalization, and division - in localization. Before the age of great geographical discoveries and the emergence of the global market, the contradictions of globalization and localization existed implicitly, and then they took an explicit form and passed through the three following stages: development through international trade, development through the globalization of capital, and development by moving globalization mainly into virtual space. The author shows the diversity of forms of solving the contradictions of globalization and localization. Among them, the change of world order, hybrid war and reconstructive post-war recovery are identified and revealed. The main contradiction of modern times is found to be the contradiction between globalization, which develops due to informational and financial technologies, and the localization of material and labor resources, which cannot move in space at the speed of information and financial flows. The author clarifies peculiarities in the manifestation and settlement of the contradictions of globalization and localization in Ukraine, in whose space the global contradictions of the main global players are presently localized. The article shows the need for reconstructive recovery for Ukraine based on this country’s nationally rooted development.