Transnational Capitalist Class and World Bank “Aid” for Higher Education

Abstract

The power of the nation-state is leaking, perhaps fatally so. From the womb of the Westphalian world of nation-states, a child has been born that now threatens the very existence of the mother. Increasingly powerful companies, once the flagships of nations, no longer accept their mother countries’ dominant role. State regulations are perceived as unnecessary obstacles on the way to greater profits. Under growing economic pressure from multinational companies, states are being reduced to mere service organizations, and the names that once mobilized citizens to heroic deeds are becoming local brands, hardly comparable to such giants as Microsoft, Unilever, and others. While it is still an open question if any of the current corporate giants alone play a role comparable to that of the East Indian Company, which some 400 years earlier moved under the support of its own armed force, the total effect of the multinational companies on the human existence in the beginning of the third Christian millennium is hard to overestimate.

A philosopher is a useless dreamer

he or she who is not useless enough

is not worthy of this distinction…

Victor Hatar