¶ Transnationalism: vs. Colonialism (1)
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Index Entry
Transnationalism: vs. Colonialism:
"Probably the most prominent of the economic trends prognosticating evolutionary events is that of the supranational corporation. The 200 largest industrial and financial corporations originally developed within the United States have now expanded to become world corporations with the preponderance of their operation and income derived from outside the United States. It has been quite feasible for these abstract organizations to obtain a world passport, but not so for human individuals.
Transnationalism is very different from colonialism. Colonialism was primarily characterized by the most powerful sovereignties in Europe going to nonindustrialized countries around the world where a few unique chemical element resources existed unused in the local arts-- crafts, hunting, and fishing economies-- and extracting those chemical element resources whose significance was unrecognized by the local peoples. They progressively separated the chemical element resources from the ore bodies, refining and importing them to the European (and sometimes American) economies where these chemical elements became essential ingredients of tools or end products of mass production tools in the modern industrial evolution of ever higher performance technology per units of resource input."
