1) Bibliographic Data
Burbach, Roger; William I. Robinson (1999), “The Fin de Siecle Debate:
Globalization as Epochal Shift.” Science & Society v. 63 no1
Spring: 10-39.
2) Question(s) addressed by the author and working arguments
Makes the case of globalization as an epochal shift. Globalization is
the fourth epochal shift in the history of capitalism. The first: Mercantilism
and primitive accumulation (1492-1489), The second: Industrial capitalism,
rise of bourgeoisie, formation of the nation-state (1789-1900), The
third: Corporate capitalism and financial industrial corporation, socialist
alternative (1900-1970). The fourth: Information age, collapse of socialist
alternative (1971- ?).
In the 70s started the transition form of the nation-state phase of world
capitalism with its distinct institutional, organizational, political
and regulatory structures to a new, still emerging, transnational phase.
The currently epochal shift profoundly affects the roles of governments
and the nation-state and the way in which class struggle is conducted
and manifested.
The central feature of the ongoing epochal shift is the transnationalization
of production and productive system and the transnationalization of capital
bourgeoisie.
The nation-state has ceased to be the organizational principle of capitalism.
The integration of capital, goods and services market explains this process.
Since transnational capital is free to roam the world, tapping the cheapest
labor markets, the most favorable factor costs, regulatory environments
and political conditions, its structural power over labor worldwide has
been greatly enhanced. The old trade off between classes is no longer
functional because today capitalist are not restricted to operate in
their state’s market.
Transnational capital and transnational bourgeoisie utilize national
state apparatuses to create the conditions for global capital accumulation.
The transnational bourgeoisie exercises its class power through two channels:
Supranational Institutions and national governments. Supranational institutions
constitute an emergent transnational state that hasn’t yet acquired
a centralized institutional form.
3)
Conceptual references to transnational – transnationalism
transnational bourgeoisie
4) Conclusions or Final Remarks
Since we are living a new phase of capitalism, new forms of organizing
the popular classes to challenge capital effectively are needed. A
transnational platform is necessary to pursuit this goal
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