The bulk of the world system explained very nicely in a single Wikipedia entry. Is it merely a coincidence that the “cultural Marxist” revolution happened at the same time as the ascendence of the transnational capitalist class? Far too many Western radicals do not understand the degree to which Eastern nations are merely provinces within the global capitalist empire and regrettably look to these as model alternative systems (e.g. Russophilia, Sinophilia, etc). This is true of many on both the far-right and the far-left. Additionally, many on both the right and left do not understand the degree to which totalitarian humanism is an outgrowth of transnational capitalism, its shifting framework, and need for a new self-legitimating ideology.
“Up until 1960s capitalist class was studied mostly within the national context. A 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 what authors referred to as the “international corporate elite.”
Different factions within this class exist. Harris, for example, identifies statist-factions of the TCC in Russia, China, and the Persian Gulf. Various studies have examined the role of the TCC in Asia, Africa, the Caribbean, Europe, Latin America, the Middle East, North America, and Oceania.
Professor Leslie Sklair argues that the transnational capitalist class is made up of four fractions which he identifies as corporate, state, technical and consumerist. The four fractions stated by Professor Leslie Sklair, bring together transnational corporations (TNC), globalizing bureaucrats, globalizing professionals and merchants as well as the media as members of the TCC. Also according to Sklair’s book Sociology of the Global System, the World Economic Forum (WEF) shows the existence of the TCC as the corporate fraction and the state fraction gather in Davos, Switzerland. The theory of the Transnational Capitalist Class has two main principles:
The transnational capitalist class collaborate to benefit their own interests (powerful lobbyists and super PACs);
Nation-states have less control over transnational capitalist corporations aiding in globalization.
“Davos Man” is a neologism referring to the global elite of wealthy (predominantly) men, whose members view themselves as completely “international” and who despise the people of their own country, being loyal only to global capital itself. According to political scientist Samuel P. Huntington, who is credited with inventing the phrase “Davos Man”, they are people who “have little need for national loyalty, view national boundaries as obstacles that thankfully are vanishing, and see national governments as residues from the past whose only useful function is to facilitate the élite’s global operations”. In his 2004 article “Dead Souls: The Denationalization of the American Elite”, Huntington argues that this international perspective is a minority elitist position not shared by the nationalist majority of the people.