Chapter 26 The fragmentation caused by globalization is the "trap of development".

In addition to Russia, the biggest victims of the "development trap" are Eastern Europe, Latin America and the four Asian tigers. Fang Ning once visited Hungary in Eastern Europe, not only personally felt the trauma brought by the "Velvet Revolution" to the Hungarians, but also felt Hungary's struggle in the "trap".He wrote a widely circulated political travelogue - "Ten Years Lost in Wind and Rain", which tells about his experiences in Hungary.During the decade of Hungary's participation in the process of globalization and privatization, foreign capital, which has an absolute advantage, can be said to be "cleaning up a piece of money in Hungary, and dividing the fields and land is really busy."Most of the high-quality assets in Hungary's secondary and tertiary industries have become the pockets of large Western capital groups. Hungary is famous for its rich bauxite, and the most important industrial sectors in it are mining and processing. Now these two production Foreign capital has become dominant in all sectors.For some small production industries, foreign interbank capital even buys them as a whole, and then goes bankrupt, forcing Hungary to fully import and fully occupy the market of this industry.The most successful way for foreign capital to control the Hungarian economy is the complete acquisition of the financial industry, the hub of the modern economy.Foreign capital, including banks and investment funds from Western countries, already accounts for 60.4% of Hungary's banking assets, most of which are Hungary's highest-quality financial assets.Portfolios of investment funds from Western countries also dominate the broad market on the Budapest Stock Exchange.Western capital is not satisfied with occupying the market, but also penetrates into deeper areas of the Hungarian economy, which also includes exerting influence on the teaching and scientific research fields of Hungarian institutions of higher learning.One of the most famous universities in Hungary, a leader in economics universities - Budapest University of Economics (formerly Karl Marx University of Economics), a subject of marketing research, turned out to be how to make Hungarians who are accustomed to natural juices turn to drink American Coca-Cola.

Fang Ning believes that the "development trap" is not only a disaster for developing countries, but also fatal for the West.The life of neo-colonialism lies in the international circulation of capital.The West obtains resources and wealth from all over the world through international circulation, but the premise is that developing countries participate in the international circulation.Because if ordinary people in developing countries can't even eat enough to eat, American hamburgers will become a problem.Therefore, although the development trap appears in the third world, it is also fatal to the West. It is blocking the international circulation of capital.

In order to maintain economic globalization and the continuous circulation and turnover of capital, Western countries began to return to the old colonial era.So the West adopted two methods to maintain the new world order.Fang Ning called it "raised" and "flattened".The so-called "replenishment" means that those countries that are really economically distressed and socially depressed and have been thrown out by the cycle of economic globalization will be raised, and you will be pulled into the economic cycle so that your resources and markets can into this cycle.The so-called "flattening" is to suppress the development of some countries that have developed due to various reasons in the process of economic globalization, such as these countries represented by China, because they absolutely do not want another new developed country to rob them. resource.Therefore, Fang Ning realized that economic globalization is also a struggle.

Fang Ning's warning to the "development trap" caused by globalization is undoubtedly profound, and it seems to provide us with a model for the development of the world's economic and political structure—the model of the end of globalization.And this just reveals the historical reasons for the revival of nationalism in the contemporary world.In Fang Ning's view, global fragmentation has stimulated the survival consciousness of various nations, especially the peripheral nations. He has said many times: Nationalism is a worldwide trend of thought that arises from globalization and moves against globalization.