"id","author_first1","author_last1","title","year","publication","volume","issue","pages","summary","keyword0","keyword1","keyword2","type" "340","Jerry","Harris","The Conflict for Power in Transnational Class Theory","2003","Science & Society","67-3","Fall","329-339","

Question(s) addressed by the author and working arguments

We need to review Transnational Capitalist Class (TCC) theory, the character of the military-industrial complex, and how it affects the transnational bloc.

TCC theory has largely ignored the role of the military-industrial complex and instead concentrated on economic and political forces.

The nature of US military-industrial complex must be examine because of its special role in maintaining security for global capitalism. The military-industrial complex is a separate and independent class fraction split among a number of influential wings.

The globalists support a multinational approach to security, nation-building and cross-border integration of production, while international hegemonists are for unilateral world leadership, a protected national industrial base and rebuild military using new information technologies.

We define TCC as composed of the Transnational Corporations (TNCs) and financial institutions, the elites that manage the supranational economic planning agencies, major forces in the dominant political parties, media conglomerates, and the technocratic elites and states managers in both the North and the South.

Since the TCC controls the US state, and the state controls the military, the military then must act to further the interests of the TCC globally.

Corporate and financial powers have led the process of globalization. As capitalism’s only army it operates under sole US leadership to a variety of powerful national political influences.

Rather than subsuming the military into the state an making it subject to whoever captures the White House, a more nuanced analysis uncovers a globalist both inside and outside the US.

The military industry is international, not transnational. Transnational corporations manufacture using global assembly lines and supply chains, are engaged in cross-border mergers and acquisitions, and participate heavily in foreign direct investment.

Global security now requires efforts on the part of intergovernmental agencies, private volunteer organizations, private organizations, and other instruments of power from around the world… helping to stabilize the world, promoting social and economic equity, and minimizing or containing the disastrous effects of failed states.

For hegemonists unilateralism is not a reaction to failed multilateralism; rather it is a principle of independent political action and foundation for nation-centric state power.

Conceptual references to transnational – transnationalism

Transnational Transnational corporations

Conclusions or Final Remarks

The four circles of influence –industrial, state, intellectual and cultural- create a powerful basis for an independent class fraction. Both globalists and hegemonists political regimes have developed sharply differing responses to the crisis of world capitalist economic stagnation.

","Class","Global Capitalism","Power","journal"