Abstract
ABSTRACT This contribution focuses on a reconceptualization of the term globalization, drawing on world system theories and the dialectical concept of countermovement. The focus is the Social-Economic Formation (SEF) concept elaborated by the Marxist tradition to understand and analyse the contemporary ascendance of China and its power projection. Based on dialectic methodology, we argue that globalization is a contradictory process of interconnectivity between SEFs in different historical eras with substantive changes in the space–time relationship. Thus, the embryonic Embedded Chinese Globalization is emerging as a historical negation of Neoliberal globalization (NG)
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