Publication details

Transnational Corporation as a New Form of Power in the Contemporary Postmodern Society.

Authors

URBANOVÁ Martina ETTALEB Daniela KLUSOŇOVÁ Markéta

Year of publication 2014
Type Article in Periodical
Magazine / Source The Macrotheme Review
MU Faculty or unit

Faculty of Law

Citation
Web http://macrotheme.com/yahoo_site_admin/assets/docs/1MR38Mo.26782405.pdf
Field Law sciences
Keywords Globalization; transnational corporations; financial capital; poverty; capitalism; social control
Description The authors test the hypothesis of the eminent Czech social scientist Jan Keller (2002), who has presented an idea that we will witness reverse convergence theory. Keller has claimed that in the following development, not the most valuable and most perspective aspects of the former coexisting systems, i.e. socialism and capitalism, will interconnect, but rather the most problematic and least desired aspects of them. The authors tested the hypothesis on national corporations. The authors analyzed national corporations and drew attention to the accelerating concentration of the world wealth in the hands of a relatively small part of population. Financial capital is being more and more centralized, and there is disproportion between the high consumption on the one side and growing poverty of broader groups of society on the other. There are continuously emerging more and more sophisticated forms of surveillance and supervision.
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