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General News    H1'ed 8/19/12

The Global 1%: Exposing the Transnational Ruling Class

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Peter Phillips
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And in Globalization and the Demolition of Society, Dennis Loo writes, "The bottom line, the fundamential division of our society, is between, on the one hand, those whose interests rest on the dominance and the drive for monopolizing the society and planet's resources and, on the other hand, those whose interests lie in the husbanding of thoses resources for the good of the whole rather than the part." [xliii]

 

The Occupy movement uses the 1 percent vs. 99 percent mantra as a master concept in its demonstrations, disruptions, and challenges to the practices of the transnational corporate class, within which the global superclass is a key element in the implementation of a superelite agenda for permanent war and total social control. Occupy is exactly what the superclass fears the most--a global democratic movement that exposes the TCC agenda and the continuing theater of government elections, wherein the actors may change but the marquee remains the same. The more that Occupy refuses to cooperate with the TCC agenda and mobilizes activists, the more likely the whole TCC system of dominance will fall to its knees under the people power of democractic movements.

 

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peter phillips is a professor of sociology at Sonoma State University and president of the Media Freedom Foundation/Project Censored.

 

kimberly soeiro is a sociology student at Sonoma State University, library researcher, and activist.

 

Special thanks to Mickey Huff, director of Project Censored, and Andy Roth, associate director of Project Censored, for editing and for important suggestons for this article.

Notes:

[i] For a more scholarly background on this subject, the following are required reading: C. Wright Mills, The Power Elite, New York, Oxford University Press, 1956; G. Willian Domhoff, Who Rules America 6th edition, Boston, McGraw Hill Higher Education, 2009; William Carroll, The Making of a Transnational Capitalist Class, Zed Books, 2010.

[ii] Leslie Sklair, The Transnational Capitalist Class, Oxford, UK, Blackwell, 2001.

[iii]  Leslie Sklair, "The Transnational Capitalist Class And The Discourse Of Globalization," Cambridge Review of International Affairs, 2000, http://www.theglobalsite.ac.uk/press/012sklair.htm

[iv] Tax Havens: Super-rich hiding at least $21 trillion, BBC News, July 22, 2012, http://www.bbc.co.uk/news/business-18944097

[v] Tyler Durgen, A Detailed Look At Global Wealth Distribution, 10/11/10, click here

[vi] "World Bank Sees Progress Against Extreme Poverty, But Flags Vulnerabilities," World Bank, Press Release No. 2012/297/Dec., February 29, 2012, http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:23130032~pagePK:64257043~piPK:437376~theSitePK:4607,00.html.

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President Media Freedom Foundation, former director of Project Censored.
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