wl-8251-Technological Competition and the World Order

The paper deals with the role of competition and technological domination in changing the world order. It points out that there are constraints in the major Asian economies, which could hamper their ambitions of building technological dominance. Acknowledging that competition and monopolization dominate the history of technological development in global capitalist history, it points to the necessity of cooperation in meeting contemporary global challenges and staving off new forms of devastating warfare.