Globalization, technology and the transnational capitalist class

foresight ◽  
2015 ◽  
Vol 17 (2) ◽  
pp. 194-207 ◽  
Author(s):  
Jerry Harris
Keyword(s):  
Information Technologies ◽  
Class Relations ◽  
Capitalist Class ◽  
Content Type ◽  
New Era ◽  
Class Theory ◽  
Nation States ◽  
The Social ◽  
Political Economic ◽  
The Impact

Purpose – The purpose of this paper is to explore how capitalism has developed into a deeply integrative economic system of financial investments and manufacturing. This process of globalization has brought about the emergence of a transnational capitalist class that rules the world’s economy. Financialization, created by the speed and interconnectivity of information technologies, is a key element that has produced immense wealth for a few while reducing their dependence on the labor of workers. This system of global accumulation has lead to a crisis of democracy with several different possible outcomes. Design/methodology/approach – This paper begins with an historical examination of capitalism and capitalist class formation by tracing developments from nation-centric capitalism to globalization. A conceptual explanation of the development of the transnational capitalist class (TCC) is offered. Research on current economic data to support the thesis on the emergence of the TCC in both its private and statist forms is included, as well as an examination of the latest technology developments that affect financialization and how this impacts class relations. The conclusion analyzes the development of democracy as a class dialectic, and the impact of globalization that is altering the historic relationships between capital and labor. The paper ends with a discussion of possible political/economic futures. Findings – Globalization is a new era in which capitalism has deepened its inherent tendency toward creating world markets and production. This process has been greatly enhanced by the new technological tools of financial production. Organizing and overseeing this system of global accumulation is the transnational capitalist class. The emergence of this class has transformed class relations based within the historic perimeters of nation-states, and it threatens the content and character of democracy that arose out of the bourgeois democratic revolutions in America and France. Originality/value – Transnational Capitalist Class Theory is a recently developed field of research. It is a new critic of mainstream international relations analysis which centers on nation to nation relationships. It also differs with world system theory which divides countries into a center/peripheral analysis. Within the field of TCC research, this paper offers an original historic perspective between global economics and the development of democracy. It also makes new theoretical connections between information technology, financialization and the destruction of the social contract.

scholarly journals The impact of young people's participation in events

2014 ◽  
Vol 5 (3) ◽  
pp. 198-218 ◽  
Author(s):  
Eliza Hixson
Keyword(s):  
Young People ◽  
Identity Development ◽  
Focus Groups ◽  
Social Impact ◽  
Transitional Period ◽  
School Students ◽  
Content Type ◽  
The Social ◽  
Sense Of Involvement ◽  
The Impact

Purpose – This paper aims to explore the social impact that two events, the Adelaide Fringe Festival and the Clipsal 500, have on young residents (16-19 years old) of Adelaide. The purpose of this paper is to examine how young people participate in these events and how this affects their sense of involvement in the event and contributes to their identity development. Design/methodology/approach – A mixed methods approach was adopted in which focus groups and questionnaires were conducted with secondary school students. As an exploratory study, focus groups (n=24) were conducted in the first stage of the research. The results of the focus groups were used to develop a questionnaire that resulted in 226 useable responses. The final stage of the research explored one event in further depth in order to determine the influence of different participation levels. Findings – This study found that young people demonstrated more involvement in the Adelaide Fringe Festival and their identities were more influenced by this event. Further investigation of the Adelaide Fringe Festival also indicated that level of participation affects the social outcomes gained, with those participating to a greater degree achieving higher involvement and increased identity awareness. This is demonstrated through a model which aims to illustrate how an event impact an individual based on their role during the event. Originality/value – This paper applies two leisure concepts in order to analyse the impact of events. Activity involvement is a concept which examines the importance of the activity in the participant's life. Also of importance to young people is how activities contribute to their identities, especially because they are in a transitional period of their lives.

Residents’ perceptions of the impact of tourism in Abu Dhabi, United Arab Emirates

2017 ◽  
Vol 11 (4) ◽  
pp. 551-572 ◽  
Author(s):  
Nada Hammad ◽  
Syed Zamberi Ahmad ◽  
Avraam Papastathopoulos
Keyword(s):  
United Arab Emirates ◽  
Social Exchange ◽  
Structural Equation ◽  
Social Exchange Theory ◽  
Cultural Influences ◽  
Abu Dhabi ◽  
Equation Modeling ◽  
Content Type ◽  
The Social ◽  
The Impact

Purpose This paper aims to investigate residents’ perceptions of tourism’s impact on their support for tourism development in Abu Dhabi, United Arab Emirates (UAE). Design/methodology/approach Data were collected using self-administered questionnaires from Abu Dhabi residents (n = 407), who represented 30 nationalities residing in the emirate. Based on social exchange theory, structural equation modeling was used to test hypotheses. Findings Results suggest that Abu Dhabi residents perceive the impacts of tourism positively and are more sensitive to the environmental and economic influences of tourism than the social and cultural influences. Research limitations/implications This study was limited to Abu Dhabi residents; findings cannot be generalized to other emirates in the UAE, or other countries. Originality/value This study adds value to extant tourism literature by investigating residents’ perceptions of the influence of tourism in one of the richest cities worldwide, which aspires to be one of the fastest growing tourism destinations in the Middle East.

The role of public libraries in the development of social capital in local communities – a theoretical study

2021 ◽  
Vol 42 (3) ◽  
pp. 184-196
Author(s):  
Maja Dorota Wojciechowska
Keyword(s):  
Social Capital ◽  
Social Engagement ◽  
Social Life ◽  
Public Libraries ◽  
Local Communities ◽  
Social Needs ◽  
Content Type ◽  
The Social ◽  
The Impact

PurposeSocial capital, understood as intangible community values available through a network of connections, is a factor in the development of societies and improving quality of life. It helps to remove economic inequalities and prevent poverty and social exclusion, stimulate social and regional development, civic attitudes and social engagement and build a civic society as well as local and regional identity. Many of these tasks may be implemented by libraries, which, apart from providing access to information, may also offer a number of services associated with social needs. The purpose of this paper is to present the roles and functions that libraries may serve in local communities in terms of assistance, integration and development based on classical social capital theories.Design/methodology/approachThe paper reviews the classical concepts of social capital in the context of libraries. It analyses the findings of Pierre-Félix Bourdieu, James Coleman, Francis Fukuyama, Robert Putnam, Nan Lin, Ronald Stuart Burt, Wayne Baker and Alejandro Portes. Based on their respective concepts, the paper analyses the role of the contemporary library in the social life of local communities. In particular, it focuses on the possible new functions that public libraries may serve.FindingsA critical review of the concept of social capital revealed certain dependencies between libraries and their neighbourhoods. With new services that respond to the actual social needs, libraries may serve as a keystone, namely they may integrate, animate and engage local communities. This, however, requires a certain approach to be adopted by the personnel and governing authorities as well as infrastructure and tangible resources.Originality/valueThe social engagement of libraries is usually described from the practical perspective (reports on the services provided) or in the context of research on the impact of respective projects on specific groups of users (research reports). A broader approach, based on original social theories, is rarely encountered. The paper draws on classical concepts of social capital and is a contribution to the discussion on possible uses of those concepts based on an analysis of the role of libraries in social life and in strengthening the social capital of local communities.

Should I suggest this YouTube clip? The impact of UGC source credibility on eWOM and purchase intention

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mazzini Muda ◽  
Muhammad Iskandar Hamzah
Keyword(s):  
Social Media ◽  
Structural Equation Modeling ◽  
Purchase Intention ◽  
Structural Equation ◽  
Word Of Mouth ◽  
Source Credibility ◽  
Equation Modeling ◽  
Content Type ◽  
The Social ◽  
The Impact

PurposeIn spite of the increasing organic and interactive marketing activities over social media, a general understanding of the source credibility of voluntary user-generated content (UGC) is still limited. In line with the social identity theory, this paper examines the effects of consumers' perceived source credibility of UGC in YouTube videos on their attitudes and behavioral intentions. Additionally, source homophily theory is included to predict the antecedent of source credibility.Design/methodology/approachThree hundred and seventy two Generation Y respondents were interviewed using snowball sampling. Data were analyzed with component-based structural equation modeling technique of partial least squares-structural equation modeling (PLS-SEM).FindingsFindings confirmed that perceived source credibility indirectly affects purchase intention (PI) and electronic word-of-mouth via attitude toward UGC. Besides, perceived source credibility mediates the effect of perceived source homophily on attitude toward UGC.Practical implicationsSince today's consumers have begun to trust and rely more on UGC than company-generated content on social media when making purchase decisions, companies may reconsider democratizing certain aspects of their branding strategies. Firms may fine-tune their marketing communication budgets – not only just by sponsoring public figures and celebrities but also by nurturing coproductive engagements with independent content creators who are ordinary consumers. Endowed with their imposing credibility, these micro-influencers and prosumers have high potentials to be uplifted to brand ambassadors.Originality/valueWhile consumers' purchase outcome can be measured easily using metrics and analytics, the roles of source homophily in stages leading up to the purchase is still elusive. Drawing on the rich theoretical basis of source homophily may help researchers to understand not only how credibility and attitude are related to PI but also how this nexus generates positive word of mouth among UGC followers within the social media circles.

Social impact of major sports events perceived by host community

2016 ◽  
Vol 17 (1) ◽  
pp. 78-91 ◽  
Author(s):  
Dongfeng Liu
Keyword(s):  
Social Impact ◽  
Host Community ◽  
Impact Factors ◽  
International Exchange ◽  
Infrastructure Development ◽  
Content Type ◽  
Sports Events ◽  
The Social ◽  
Local Residents ◽  
The Impact

Purpose – The purpose of this paper is to examine the social impact of major sports events perceived by host city residents using Shanghai as an example. Design/methodology/approach – Exploratory factor analysis based on 450 valid questionnaires. Findings – Research revealed six impact factors including four positive ones: “image and status,” “international exchange and cooperation,” “economic and tourism development,” and “infrastructure development.” In addition, two negative ones are also identified as “inconvenience of life” and “environment pollution and security concern.” Taken as a whole, the local residents in Shanghai have a relative positive perception of the impact of major sports events. Four out of six impact factors were significantly predictive of the attitude toward future bidding of major sports events. Originality/value – The existing literature mainly examined social impact of specific events through case study, and little is known about the overall perception of major sports events in general. Accordingly, this paper seeks to bridge the gap by taking an event portfolio approach using Shanghai as an example.

Corporate governance and the social performance: investigation on Tunisian financial institutions

2018 ◽  
Vol 60 (6) ◽  
pp. 1412-1431
Author(s):  
Nejia Nekaa ◽  
Sami Boudabbous
Keyword(s):  
Corporate Governance ◽  
Financial Institutions ◽  
Financial Institution ◽  
Stock Exchange ◽  
Social Performance ◽  
Financial Sector ◽  
Content Type ◽  
The Social ◽  
Questionnaire Method ◽  
The Impact

Purpose The purpose of this study is to show the specificities of the corporate governance of Tunisian financial institutions and the impact of the internal mechanisms of corporate governance of these institutions on their social performance. It is therefore interesting to establish the existing relationship between these mechanisms of corporate governance and the performance of a financial firm. Design/methodology/approach This study aims to study the financial sector, generally characterized by its opacity, its regulation, its evolution and its obscurity. Therefore, a study based on the questionnaire method was recommended. The questionnaire is intended for managers. Therefore, the authors interviewed 138 managers of Tunisian financial institutions dispersed between agencies and headquarters in different regions (Gabes, Tozeur, Gafsa, Sfax, Sousse and Tunisia). Findings As a result, an impact on performance was observed according to the empirical study. Therefore, the authors can conclude an essential role of internal mechanisms for improving the social performance of a financial institution. The empirical findings in this paper lead to important conclusions. Indeed, the variables measuring the governance mechanisms have divergent effects on the social performance of the financial institutions subject to the sample. For the variables board of directors, confidence, culture, auditing, they have a positive effect. While, the incentive remuneration effect negatively the social performance. Originality/value This study will be based essentially on the financial sector in Tunisia: the credit institutions (22 banks), the establishments of leasing (eight companies of leasing), two factoring companies and two banks of cases which are listed on the Stock Exchange of Tunis (BVMT).

Journal influence in corporate research

2016 ◽  
Vol 42 (4) ◽  
pp. 376-389 ◽  
Author(s):  
Kenneth Borokhovich ◽  
Allissa Lee ◽  
Betty Simkins
Keyword(s):  
Social Sciences ◽  
Corporate Finance ◽  
Relative Influence ◽  
Impact Factors ◽  
Content Type ◽  
Journal Citation Reports ◽  
The Social ◽  
Total Influence ◽  
The Impact

Purpose – Studies of research influence commonly look at the overall field of finance. The purpose of this paper is to examine the sub-field of corporate finance at four different points in time to determine its evolution and range of influence, specifically focussing on the relative influence of seven leading journals. Design/methodology/approach – Not all articles appearing in the set of journals are in corporate finance. The authors examine each article published in the journals for four key periods and identify those that are corporate. The impact factors (IFs) published in the Journal Citation Reports (JCR) are for all articles appearing in a journal. The authors are interested only in the corporate articles, so the authors calculate separate corporate IFs based on the citations to the corporate articles using the JCR technique. Findings – The authors find a broad corporate research environment with influence that extends well beyond finance. The authors also find differences in the relative influence of the journals not only in their total influence, but in where the influence occurs outside finance and other business journals and even more broadly in the social sciences. Research limitations/implications – The exclusion of journals outside the seven selected may not uncover other areas where corporate finance articles impact research more broadly. Also, classification of articles is inherently subjective. Practical implications – The authors draw comparisons between journals and corporate finance topic areas; indicating the breadth and depth research in these areas attain. These results should prove beneficial to researchers in determining areas of influence for their work, consequently providing opportunities for additional exchanges of ideas resulting in better and more informed research in the overall social sciences. Further, our approach to analyzing journal influence could prove fruitful for additional research. Originality/value – The findings allow for a greater understanding of the influence of individual journals and their subsequent rankings by a number of different means. The authors propose that the means and measures employed here can lead to a greater understanding of how influential a journal really is. Further, the authors contend that the study provides comparisons of the scope and depth of influence for each journal in a way that could lead to new avenues of research.

scholarly journals INFORMATION SOCIETY: INFLUENCE ON THE OPERATIONAL AND SERVICE ACTIVITIES OF THE INTERNAL AFFAIRS OF THE RUSSIAN FEDERATION OF DIGITAL TECHNOLOGIES AND THE PROSPECTS OF THEIR DEVELOPMENT

2021 ◽  
Vol 6 (11(61)) ◽  
pp. 9-12
Author(s):  
Sergey Sergeevich Gribkov
Keyword(s):  
Russian Federation ◽  
Information Society ◽  
Information Technologies ◽  
Digital Technologies ◽  
The Social ◽  
Service Activities ◽  
The Russian Federation ◽  
Internal Affairs ◽  
The Impact

The article examines the impact of information technologies on the social and economic spheres, as well as the operational and service activities of the internal affairs bodies, in particular. The problems of detection, investigation and registration of crimes associated with the use of information and telecommunication technologies are touched upon. Prospective solutions to these issues are proposed.

scholarly journals POLITIK DAN PERDAGANGAN KOLONIAL BELANDA DI PONTIANAK

2016 ◽  
Vol 8 (2) ◽  
pp. 203
Author(s):  
Hasanuddin Hasanuddin
Keyword(s):  
United Kingdom ◽  
West Kalimantan ◽  
Dynamic Relationship ◽  
The United Kingdom ◽  
The Social ◽  
Communication Links ◽  
History Of ◽  
Political Economic ◽  
The Impact ◽  
Dutch Colonial

AbstrakPontianak mendapat perhatian kolonial Belanda setelah Inggris melakukan perdagangan di Kalimantan Barat. Persaingan dagang antara Belanda dan Inggris membawa pengaruh bagi perdagangan di Pontianak. Kemajuan perdagangan menarik perhatian kolonial Belanda untuk menguasai Pontianak. Kolonial Belanda membatasi kekuasaan Sultan Pontianak melalui perjanjian-perjanjian membawa dampak sosial, politik, ekonomi, dan budaya. Eksploitasi kolonial Belanda melahirkan perubahan-perubahan baru dalam hubungan kekuasaan kongsi-kongsi Cina dan monopoli perdagangan di Pontianak. Kolonial Belanda semakin mempertegas kekuasaannya di Pontianak setelah Inggris mengesahkan James Brooke sebagai wakil pemerintahannya di Kalimantan Utara. Terdapat interelasi yang dinamis antara perubahan struktur politik dan ekonomi terhadap perubahan sosial masyarakat di Pontianak. Hubungan komunikasi melalui jaringan perdagangan antarpulau telah mendorong para pedagang sebagai komunitas baru membentuk dan mendirikan perkampungan suku bangsa di Pontianak. Hubungan yang dinamis antara Pontianak dengan daerah-daerah di Kalimantan Barat terutama Sambas, Mempawah, Landak, Sanggau, Sintang, Matan, dan Sukadana telah membawa kemajuan politik dan ekonomi Pontianak sebagai pusat perdagangan dan pemerintahan Residen Kalimantan Barat. Penelitian ini menggunakan metode sejarah yaitu studi pustaka dengan mengumpulkan data-data sejarah, dengan menguraikan suatu peristiwa ke dalam bagian-bagiannya dalam rangka memahami kebijakan politik dan perdagangan kolonial Belanda di Pontianak. Abstract Pontianak had an attention of Dutch colonial after British trade in West Kalimantan. Trade competition between the Netherlands and the United Kingdom had an impact on trade in Pontianak. The pprogress attract the attention of Dutch colonial to master Pontianak. The Dutch Colonial control the power of the Sultan of Pontianak through agreements and bring the impact in the social, political, economic, and cultural. Dutch colonial exploitation brought changes in the power relations of chinesse allied and the monopoly of trade in Pontianak. The Dutch colonial emphasized rule in Pontianak after United Kingdom endorses James Brooke as a representative government in North Kalimantan.There is a dynamic interrelation changes in political and economic that brought change social structures in Pontianak. The communication links through a network of inter-island trade has prompted traders as new communities formed and founded the settlement of ethnic groups in Pontianak. The dynamic relationship between Pontianak and West Kalimantan areas such as Sambas, Mempawah, Landak, Sanggau, Sintang, Matan, and Sukadana has brought political and economic progress.And declared Pontianak as a center of commerce and government Resident West Kalimantan. This study uses the history of the literature by collecting historical data, describing an event into its parts in order to understand the political and trade policies of the colonial Dutch in Pontianak.

A quality system’s impact on the service experience

2017 ◽  
Vol 37 (12) ◽  
pp. 1817-1839 ◽  
Author(s):  
Jeffery Smith ◽  
Sidney Anderson ◽  
Gavin Fox
Keyword(s):  
Service Quality ◽  
Social Systems ◽  
Theory And Practice ◽  
Service Experience ◽  
Content Type ◽  
Proposed Model ◽  
The Social ◽  
Two Samples ◽  
The Impact ◽  
Integrated Service

Purpose The purpose of this paper is to examine the interplay between technical and social systems within an organization that potentially affect the service experience, as perceived by end customers. Design/methodology/approach The paper explores the potential impact of an integrated service quality system on the service experience. A conceptual model is presented, accompanied by a detailed development of the hypotheses. Two samples (Study 1: n=474, Study 2: n=225) of consumers are used to empirically test the proposed model. Findings The analysis reveals the impact a technical system has on employees’ inherent abilities (i.e. the social system), which, in turn, affect the overall assessment by customers. Additionally, the situation in which an employee works (i.e. operating environmental conditions) results in differences in the model. Research limitations/implications This paper’s main implication is this paper employs established theory to develop a model that is empirically tested to show that implementing and maintaining a quality-oriented service system can positively influence the overall customer experience. The limitations are based primarily on the methodology in which individual employees assessed all aspects of both the social and technical systems. Practical implications Managers should be diligent in their design and implementation of the quality components as these affect the work setting in which employees operate. Originality/value Prior research has neither explored an integrated service quality system’s impact on the service experience nor employed an established theoretical framework. This work accomplishes both with the results providing contributions to both theory and practice.

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