Furthermore, Mott, Shapiro and Steindl also show a clear rejection to the more classical/neo-classical opinion in their book "Rethinking capitalist development" as they explain that the monopolisation of big businesses like McDonalds is "endemic" to monopoly capitalism, which in turn causes stagnation within an economy: "The growth of international firms means that stagnation tendencies generated in any one country will be immediately translated across many countries. ... China is an example of a country which has been significantly influenced by globalization, in terms of both culture and soc...

• Word Count: 2073
• Approx Pages: 8
• Grade Level: Graduate

These groups translated an external political system into the language of the masses. ... Comparisons with immediate decision making in China have been used to suggest that democracy has limitations in fostering economic development. ...

• Word Count: 797
• Approx Pages: 3
• Grade Level: Graduate