William I. Robinson is a professor of sociology, global and international studies, and Latin American and Iberian studies at the University of California at Santa Barbara. He is the author of Global Capitalism and the Crisis of Humanity (2014), Latin America and Global Capitalism (2008), and Promoting Polyarchy: Globalization, US Intervention and Hegemony (1996), among other award-winning books.
Global Capitalism: Reflections on a Brave New World
We are in the throes of a transition to a qualitatively new stage of world capitalism. Its essence is the emergence of truly transnational capital, a transnational capitalist class (TCC) made up of the owners and managers of transnational corporations, and transnational state apparatuses through which the TCC attempts to exercise global political authority.
August 3, 2017