The essence of globalization in actuality is the expansion of capitalism on a global scale. And yet capital globalization is by no means historically eternal, rather it embodies unceasingly developing negative elements, namely factors constituting new globalization morphology. From the perspective of economic certainty, once development of the intrinsic contradictions between such negative factors and capital globalization reaches a certain level, globalization in reality will undergo essential changes, that is, a transition from capital globalization to socialist globalization will occur. Hence, capital globalization both brings unfavorable factors as well as creates favorable conditions and opportunities for the development of socialist cause of world historic significance. For today's socialist countries, it is crucial to grasp the dialectic between opportunities and risks, so as not to let go chances of promoting the development of socialism as world historic cause.
YE Xian-ming .
Transition from History to World History" and the Essence of Globalization and Its Trend of Development[J]. Journal of Renmin University of China, 2002(1): 26-33