![]() Besides, there are still some marginal (but important) forms of globalization that deserve further discussions, such as human-based globalization, especially the remittance and investment of transnational labor, and inclusive globalization driven by cooperation between countries initiated by China’s Belt and Road initiative (BRI). Although most of the existing studies have focused on the globalization of western capitalism, another way of globalization, mainly in emerging economies, (which is known as state capitalism) has also attracted much attention. However, in the face of the widening regional development gap, the ongoing global economic crisis, and other challenges of global development and governance, the approach to globalization espoused by western capitalism (especially neoliberalism) is facing increasing skepticism and forcing the world, especially the periphery region and also the inner core of capitalism where the deep structural crisis is severe, to look more urgently for alternatives to globalization. In general, globalization is seen as a capital-driven process of global interdependence that encourages greater integration of global markets and deregulation. Globalization is understood not only as a political and economic term but also as a process of interrelated world development and a controversial political agenda. The process of globalization and its impact on the world have become one of the most controversial topics nowadays. By showing a more comprehensive picture of globalization, this study attempts to explain the existing alternatives to capital-driven globalization, and encourages a more in-depth discussion of anti-globalization and regional integration as alternative options for globalization from the perspective of internal operation mechanism. These three dynamic mechanisms act on different spaces in different ways, exert different influences, and have profound interactive relations on the process of globalization. Overall, this paper summarizes three major (but not all) dynamic mechanisms of the contemporary globalization: capital-driven, state-driven, and inter-state cooperation-driven. ![]() Based on this point, this study aims to explore the driving forces, action mechanisms, manifestations, and influences of the contemporary globalization process in a more comprehensive way, particularly focusing on the dynamic mechanisms of globalization other than capitalism, and trying to explain the interaction between various dynamic mechanisms. Although many researchers have proposed other alternative solutions that are crucial to the development of globalization, relevant research is still very insufficient. As one of the most striking topics in the contemporary world economy, the discussion on globalization seems to take capitalism as the main dynamic mechanism for its practice process, i.e., capital-driven globalization.
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