global capitalist

global capitalist

the totality of the roles, institutions and locations performing the function of CAPITAL within a given capitalist society or internationally The concept of ‘global capitalist’ is intended to convey the fact that although the ownership of capital is widely dispersed, and the control of SURPLUS VALUE appropriation diffused among many different kinds and grades of employees (see also CONTRADICTORY CLASS LOCATIONS), the ACCUMULATION OF CAPITAL is unimpeded. In short, the use of the term ‘global capitalist’ is intended to convey the view that changes in terms of ownership and control of capital do not mean the achievement of a ‘postcapitalist’ society See also SEPARATION OF OWNERSHIP FROM CONTROL.
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