Transnational Capitalist Class
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Transnational Capitalist Class
The transnational capitalist class (TCC), also known as the transnational capitalist network (TCN), in neo-Gramscianism, neo-Gramscian and Marxism, Marxian-influenced analyses of international political economy and globalization, is the global social stratum that controls supranational instruments of the global economy such as transnational corporations and heavily influences political organs such as the World Trade Organization. Up until 1960s capitalist class was studied mostly within the national context. Study from 1974 titled ''Global Reach: The Power of the Multinational Corporation'' by Ronald E. Muller and Richard Barnet started the discussion about multinational corporations and to what authors referred as “international corporate elite.” According to Professor William I. Robinson it is "that segment of the world bourgeoisie that represents transnational capital". It is characteristically cosmopolitanism, cosmopolitan and often unconstrained by national boundaries. Th ...
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Neo-Gramscianism
Neo-Gramscianism applies a critical theory approach to the study of international relations (IR) and the global political economy (GPE) that explores the interface of ideas, institutions and material capabilities as they shape the specific contours of the state formation. The theory is heavily influenced by the writings of Antonio Gramsci. Neo-Gramscianism analyzes how the particular constellation of social forces, the state and the dominant ideational configuration define and sustain world orders. In this sense, the neo-Gramscian approach breaks the decades-old stalemate between the realist schools of thought and the liberal theories by historicizing the very theoretical foundations of the two streams as part of a particular world order and finding the interlocking relationship between agency and structure. Karl Polanyi, Karl Marx, Max Weber, Max Horkheimer, Theodor Adorno and Michel Foucault are cited as major sources within the critical theory of IR. Origins of the neo-G ...
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World Economic Forum
The World Economic Forum (WEF) is an international non-governmental and lobbying organisation based in Cologny, canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab. The foundation, which is mostly funded by its 1,000 member companies – typically global enterprises with more than five billion US dollars in turnover – as well as public subsidies, views its own mission as "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas". The WEF is mostly known for its annual meeting at the end of January in Davos, a mountain resort in the eastern Alps region of Switzerland. The meeting brings together some 3,000 paying members and selected participants – among whom are investors, business leaders, political leaders, economists, celebrities and journalists – for up to five days to discuss global issues across 500 sessions. ...
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Marxist Theory
Marxist philosophy or Marxist theory are works in philosophy that are strongly influenced by Karl Marx's materialist approach to theory, or works written by Marxists. Marxist philosophy may be broadly divided into Western Marxism, which drew from various sources, and the official philosophy in the Soviet Union, which enforced a rigid reading of Marx called dialectical materialism, in particular during the 1930s. Marxist philosophy is not a strictly defined sub-field of philosophy, because the diverse influence of Marxist theory has extended into fields as varied as aesthetics, ethics, ontology, epistemology, theoretical psychology and philosophy of science, as well as its obvious influence on political philosophy and the philosophy of history. The key characteristics of Marxism in philosophy are its materialism and its commitment to political practice as the end goal of all thought. The theory is also about the struggles of the proletariat and their reprimand of the bourgeoisie. ...
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Global Governance
Global governance refers to institutions that coordinate the behavior of transnational actors, facilitate cooperation, resolve disputes, and alleviate collective action problems. Global governance broadly entails making, monitoring, and enforcing rules. Within global governance, a variety of types of actors – not just states – exercise power. Governance is thus broader than government. Global governance began in the mid-19th century. It became particularly prominent in the aftermath of World War I, and more so after the end of World War II. Since World War II, the number of international organizations has increased substantially. The number of actors (whether they be states, non-governmental organizations, firms, and epistemic communities) who are involved in governance relationships has also increased substantially. Various terms have been used for the dynamics of global governance, such as complex interdependence, international regimes, multilevel governance, global co ...
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