Even if there is a ‘second wave’ of the ‘New Economy’: The reorganization of (transnational) corporations is decisive

After a few years of euphoria, in which all kinds of specialists proclaimed the invention of a socio-economic perpetual motion machine labelled “new economy”, the “real economy” of capitalism has seized control again. As a matter of fact, there has not been any kind of abolition of the laws and the rules of the capitalist economy, but there are new means and mechanisms for external evaluation of its functioning. This, in turn, has been prepared by organizational changes, which had taken place in the last two decades, in order to improve efficiency, but also in order to enable the globalization of the big corporations, which have become the “real winners” of the new economy. This can be shown by the example of General Electric.