Information and knowledge do not recognize the sovereign political limits of the State. The fundamental feature of the contemporary international economy is the International of the economy, i.e. it has become difficult to demarcate the boundaries of the national economy. There is a huge entanglement between the economy, especially as most composite goods are produced fragmented in various regions.
This is in parallel with what has been called the globalization of markets that have become largely intertwined.
Adam Smith believed that the customs created by capitalism would spread to the earth because of its superiority in creating the wealth of nations.
Kark Marx believed that capitalism would unite the world in a single large market, once the goods traded in international trade had been destroyed.
Hundreds and even thousands of economics professors, supporters and disciples of the social sciences followed them throughout the nineteenth and first half of the twentieth century.
They have become a broad stream of political and social thought, regardless of their position on capitalism.
The idea that capitalism is capable of economic consolidation for the whole world has become not just a scientific one, but a kind of predictive belief that makes it for many in a row with certainty.
However, even the proponents of an inevitable single market school on the planet, with the influence and pressure of capitalism, did not realize the staggering extent to which their predictions were realized in the early 21st century. The commodity has a surprising power and a unique ability to cross borders, penetrate fences, and spread even in small holes.
Scientifically, we cannot talk about a single terrestrial economic planet yet, and there is still a multiplicity of economic systems, even after the collapse of socialism as a competing and anti-capitalist system.
Blocs are grappling with privileges within and outside their political and economic spheres by means that the professors of the capitalist economy are not satisfied with.
At the economic level, there is globalization or a constellation of goods, but there is a balancing act of reproducing poverty and wealth, resulting in double deprivation in many parts of the world.
There are many boundaries between nations, territories and cultures that divide the global economy and greatly confuse the image of its unity.
In this sense, we can see the process of expanding the scope of movement for physical economic resources, which leads to an increasing profiling of the conditions of international trade, i.e. the movement of goods, commodity trade, the movement of technology, the movement of capital, i.e. international credit trade.
At the communication level, the revolution in contemporary technology has made the world a small communication village.
At the political level, some politicians are talking about a new world order , In all this, the economic constellation cannot be a positive process, but the influence of capitalism is a process full of tensions and contradictions.
In his book The Phenomenon of Globalization, Dr. Mohi Massad says: Economists have confused economic patriotism with the idea of nationalism, leading them to predict the end of the national school era in general, and in the field of economics in particular. The economic constellation seemed to them to be the antithesis of economic patriotism at all levels for all nations and peoples.
Indeed, the prophecy of national decay has emerged since the early 1950s. However, the increasingly obvious phenomenon is the double emphasis on patriotism and the authority and sovereignty of the national State.
Economic patriotism has been associated in the past with the use of administrative and political tools to achieve national economic interests. The most important of these tools is a policy of protecting trade, ensuring national sovereignty over natural resources, and traditional procedures for foreign investment and technology transfer.
It is not possible to employ these tools and actions that represented the basic form of economic patriotism in the 1960s and 1970s, unless the State wishes to isolate itself from the global economy, which has proved to be more harmful than good.
Economic patriotism can be eroded in the new condition of the world order particularly its economic aspect , if national nations and state can create new forms to maximize their economic interests . This is the challenge facing the third world in general , and the Arab world in particular.
The essence of economic patriotism can continue even in the new phase of the development of a globalized planetary economy.
But: How do nations, especially our Arab and Muslim world, succeed in improving their distributional position in the process of economic globalization?
The essence of distributional competition is the race for better opportunities for economic growth and the driving heart of the real growth opportunities of the national economy is human beings on the one hand, and technology on the other.
Serious growth and development strategies should therefore be developed in the Arab world, based mainly on the concept of human development, as the differences between the competitiveness, productivity and development rates of nations are consistent with differences in the levels achieved in education, health, training and organization of the labour force.
In order to secure its economic and political future, the Arab world decisively needs to focus on human development.
Most Arab countries, especially the least wealthy, have become among the least accomplished in the world's education, health and human rights indicators of the population, as is clearly demonstrated by the annual international human development reports.
In conclusion, in the Arab countries, a major process must be carried out to reformulate the role of the State, focusing on human development.
it's time for that!
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