scholarly journals Impact of digital economic liberalization and capitalization in the era of industrial revolution 4.0: case study in Indonesia

2020 ◽  
Vol 18 (2) ◽  
pp. 290-301
Author(s):  
OK.Mohammad Fajar Ikhsan ◽  
Rabiul Islam ◽  
Kamarul Azman Khamis ◽  
Ariroza Sunjay

The change of trends in the global industrial revolution has impacted various advances in the economic and industrial system until the realization of a liberalization system and capitalization of the global economy. This study aims to examine the impact of the liberalization and capitalization of the digital economy on the middle class, working class, and lower class societies in one of the developing countries in the Southeast Asian region, Indonesia. The methodology used in this study is a descriptive qualitative analysis approach, based on data obtained from official sources and literature studies. The class disparity between the capital owner class, middle class and working-lower class, poverty, and forms of social inequality in the structure of society is increasingly apparent. At present, the emergence of an era known as the Industrial Revolution 4.0 led to the change of social and economic trends towards more advanced systems. This study assumed the changes in the patterns and forms of economic liberalization and capitalization that were previously implemented traditionally towards digital system through opening new online markets platform. The study also argues that the Industrial Revolution 4.0 differently impacted the middle class, working class, and lower class society in developing countries, particularly Indonesia.

HERALD ◽  
2017 ◽  
Vol 8 (20) ◽  
Author(s):  
Vladimir Alexandrovich Kolosov ◽  
Elena Alexandrovna Grechko ◽  
Xenia Vladimirovna Mironenko ◽  
Elena Nikolayevna Samburova ◽  
Nikolay Alexandrovich Sluka ◽  
...  

The advent of "world economic transition" and the formation of a multipolar world is closely linked, according to experts, with loss of globalization advances, which strengthens regionalism, increases diversification and fragmentation of the modern world, creating risks and threats to the world development. In this light studying the spatial organization of the global economy becomes more important, and at the same time that complicates the choice of priorities in the research activities of the Department of geography of the world economy, Faculty of Geography, Moscow State Lomonosov University in 2016-20, requiring a new research “ideology”. The article summarizes some ideas expressed by the department staff. It specifies that concept of territorial division of labor, as well as the defined set of key actors in the world economy and common assumptions regarding their contributions to its development needs a significant revision. The above firstly concerns giant developing countries, in particular rapidly growing China – a kind of locomotive entraining other developing states. Further, the impact of multinationals on the overall architecture and the territorial organization of the global economy becomes more and more tangible. This phenomenon requires the creation of a new scientific area of concern – the corporate geography as a tool to thoroughly investigate the transnational division of labor. Changes in the balance of acting forces are closely related to changes in industry composition and spatial organization of the global economy. The article raises the issues of development of such processes as tertiarization of the economy, reindustrialization and neoindustrialization, the latter being understood as an evolutionary transition to a knowledge-intensive, high-tech, mass labor-replacing and environmentally efficient industrial production. Basing on preliminary research from the standpoint of a relatively new methodological approach – formation of value chains – the vector of "geographical transition" " in their creation from developed to developing countries was designated. This means increasing complexity of the territorial structure of the world economy and an increase in the importance of semi-periphery. A spatial projection of globalization processes in the form of emerging “archipelago of cities”, which consolidates the international network of TNCs as the supporting node frame of the global economy requires close attention and analysis. The need of comprehending the study scope in the field of geography of the world economy in medium Atlas Information Systems (AIS), which in terms of functionality belong to the upper class of electronic atlases, is noted.


InterConf ◽  
2021 ◽  
pp. 54-59
Author(s):  
Bohdana Hunko

The paper analyzes the role of Industry 4.0 in the process of overcoming the global economy from the crisis situation associated with the total Covid-19 pandemic. The aspect of economic profitability of using the technologies of the fourth industrial revolution to improve world economic development in the context of the Covid-19 pandemic was also identified. The author identified the positive and negative consequences of the involvement of technology Industry 4.0, on the basis of which a number of recommendations for small and medium-sized businesses were formed in order to quickly overcome the negative effects of the crisis. Based on the work, the author formulated a number of trends and prospects for global economic development, taking into account the current conditions of the Covid-19 pandemic.


2002 ◽  
Vol 34 (3) ◽  
pp. 422-451 ◽  
Author(s):  
Dean Rapp

The film era in Britain commenced in early 1896, but its moral impact on viewers was not considered very much during its first decade. This was primarily because film was dispersed in a variety of venues like music halls and fairgrounds where other entertainment was provided, or in unused shops and other premises that were temporarily rented. Film thus had no permanent, separate identity as a leisure activity that took place in one particular type of public space, hence it was difficult for moralists to recognize, much less discern and evaluate its moral influence. Moreover, many of the middle class (from whom most moralists came) dismissed the early film industry as a passing, vulgar fad of the working class that need not be taken seriously.But moralists did begin to notice the impact of the industry when film acquired a conspicuous new identity of its own in the years after 1906 when thousands of purpose-built cinemas were constructed. The tremendous growth of both the cinemas and their mostly working-class, youthful audiences led some middle-class moralists to focus their attention on film for the first time. They soon concluded that the cinemas undermined the morality of their young audiences and launched a crusade against the film industry. The general outlines of the campaign are well known. Moralists charged that the darkened cinemas provided cover for couples to court and for some men to abuse children. They also asserted that many films were sensational ones about sexual indecency, crime, and violence. Such fare, they contended, encouraged immorality and incited juvenile delinquency among youth who imitated the crimes they saw enacted on screen. The moralists therefore demanded censorship of the films, brighter lighting in the cinemas to discourage sexual misbehavior, and police action against indecency. Moreover, Sabbatarians opposed the opening of the cinemas on Sundays as a further desecration of that holy day of rest.


2019 ◽  
Vol 27 (5(137)) ◽  
pp. 10-19
Author(s):  
Anna Antczak ◽  
Marianna Greta ◽  
Agata Kopeć ◽  
Jacek Otto

The aim of this study is to characterise the textile industry of the two global giants in this field - China and India and to discuss the impact they exert on the global economy. For centuries the fibre and textile industry has played a key role for humanity. The study also draws attention to international arrangements for trade in textiles and its liberalisation. This allowed for further development of this branch of the economy and participation in the global market of developing countries.


Author(s):  
Florence Sutcliffe-Braithwaite

This chapter examines how ideas about class, community, and individualism figured in the modernization of the Labour Party in the 1980s and 1990s. It examines the development, under Kinnock and Blair, of a new imagined constituency for Labour—a ‘new working class’ or, as Blair put it, ‘new middle class’. The sources of this vision lay partly in academic theorizing, but also in the backgrounds of key modernizers, and in new polling and focus group techniques for researching social attitudes. Modernizers understood the new majoritarian constituency in society as united by aspirations, and reoriented socialism to emphasize the use of community action—through the state—to secure a wide distribution of opportunity and security throughout society, in order to enable individuals to achieve those aspirations. The chapter concludes by examining the impact of these beliefs on policy relating to poverty, inequality, trade unionism, and community.


1996 ◽  
Vol 47 (2) ◽  
pp. 298-329 ◽  
Author(s):  
Peter Ackers

There is a large and complex literature regarding the part played by working-class Nonconformity in the industrial revolution and the emergence of the English labour movement. For all its nuances, this writing can be separated into two main strands. The first, broadly Marxist, perspective sees working-class Nonconformity primarily as a form of capitalist control, inculcating bourgeois norms of hard work, thrift, respectability and political moderation into the working class. However, even labour historians who subscribe to this view cannot help but be struck by the ubiquitous accounts of lay preachers at the forefront of Victorian labour movement campaigns, especially in the coalfields. Thus, the second view stresses the part played by working-class Nonconformists in leading their class towards political and industrial emancipation. To a considerable extent, the stance taken, particularly on Methodism, depends on whether writers draw their evidence from national, usually middle-class, denominational hierarchies, or from local accounts of working-class religiosity.


Author(s):  
Jean W. Cash

This chapter focuses on twenty-first-century writers who carry on the rural southern tradition in their work. Since 2000, several young southern writers, nearly all born after 1975 and from middle-class rural and lower-class backgrounds, have begun to publish fiction. Both portraying the areas where they were born and grew up and transcending those settings to address more universal themes, they have produced a significant body of praiseworthy work. Most were born into rural families but received the benefits of post-secondary education, but all seem committed to presenting the working-class South with realism and empathy. Among these new novelists are Joe Samuel Starnes, Peter Farris, John Brandon, Wiley Cash, Skip Horack, Barb Johnson, Michael Farris Smith, and Jesmyn Ward. Clearly, novels that address southern characters in southern scenes will continue to be written, whether of the Rough South variety from writers like Johnson or from writers like Ward, Horack, Brandon, Cash, and Smith.


2000 ◽  
Vol 33 (8) ◽  
pp. 995-1017 ◽  
Author(s):  
EDWIN ELOY AGUILAR ◽  
ALEXANDER C. PACEK

Working and lower status citizens are more sensitive to macroeconomic fluctuations than their better-off counterparts in the developing world, due to the higher personal stakes involved. This heightened sensitivity affects fluctuations in voter turnout and voter choice across developing democracies. Macroeconomic downturns result in increased voter participation as more lower status voters express their grievances at the polls. This benefits political parties and coalitions with expressly working- and lower-class appeals. This article describes the impact of shifts in voter turnout on party support, the impact of macroeconomic shifts on voter turnout, and the impact of macroeconomic shifts on support for parties that are working-class/economically disadvantaged oriented using regression analysis of aggregate pooled time-series data from 10 countries in Latin America, the Caribbean, Africa, and Asia. Although increased turnout primarily helps parties that are working-class/economically disadvantaged oriented, as is the case in the industrial world, the economic effect on party support is substantially greater.


2007 ◽  
Vol 31 (2) ◽  
pp. 105-114 ◽  
Author(s):  
Maria Tereza Lins-Dyer ◽  
Larry Nucci

The impact of social class was explored on Brazilian mothers' and daughters' conceptions of who should, and who actually would control decisions regarding the daughters' actions. Participants were 126 middle class and 126 lower class girls aged 11–16 years, and their mothers. No social class differences were found in daughters' judgments about who should control decisions. Lower class daughters perceived mothers as exerting greater actual control than did middle class daughters. Lower class mothers claimed higher control over prudential and conventional matters than did middle class mothers. Findings that daughters and mothers in both social classes viewed personal matters as under the daughters' control challenged the notion that interdependence is fostered by the mother–daughter relationship and are consistent with more recent views that an individualism–collectivism dichotomy should not be used to characterize cultures.


2020 ◽  
Vol 20 (79) ◽  
Author(s):  
Serhan Cevik ◽  
João Tovar Jalles

Climate change is already a systemic risk to the global economy. While there is a large body of literature documenting potential economic consequences, there is scarce research on the link between climate change and sovereign risk. This paper therefore investigates the impact of climate change vulnerability and resilience on sovereign bond yields and spreads in 98 advanced and developing countries over the period 1995–2017. We find that the vulnerability and resilience to climate change have a significant impact on the cost government borrowing, after controlling for conventional determinants of sovereign risk. That is, countries that are more resilient to climate change have lower bond yields and spreads relative to countries with greater vulnerability to risks associated with climate change. Furthermore, partitioning the sample into country groups reveals that the magnitude and statistical significance of these effects are much greater in developing countries with weaker capacity to adapt to and mitigate the consequences of climate change.


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