Monday, March 21, 2011

The Transnational Capitalist Class

For some years now, this term has been used to describe the wealthy, those of status, and those who create and maintain such wealth and status, who also have high mobility. In the modern global era, these are the equivalent of the robber barons and colonial overlords of the previous era.

Nevertheless, the powers of that older era obviously took steps after the Second World War to ensure a place for themselves, but more especially, their descendants. Hence by the late 1960s, the rise of international schools to cater to diplomats and businessmen from the First World. This move thus ensured a continuing hegemony: Third World countries set up such schools or assist the founding of such schools so that they can continue to attract First World investment and patronage.

Atlantis was never immune to such blandishment, and it is in this era even less so. Which explains why you now have schools in Atlantis that offer 'international education for local students'. Ahem.

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