The term transnationalism is used frequently in reference to the rapid circulation of “capital, labor, technology, and media images” in the global economy governed by postindustrial capitalism (Sharpe 110). When incorporated into such phrases as transnational capitalism, the term implies a critical view of historically specific late modern or postmodern practices of globalizing production, marketing, distribution, and consumption for neocolonial ends. By the same token, transnationalism is often used to suggest counterhegemonic practices prompted by or accompanying the migrations and diasporas occasioned by these new economic processes of globalization. Thus, Homi Bhabha's privileging of “cultural hybridity” as a way to resist global homogenization is often traceable to his emphasis on “migrant workers,” who are “part of the massive economic and political diaspora of the modern world” and thus “embody […] that moment blasted out of the continuum of history” (8). If these new, exploited cosmopolitans experience every day their dislocation from the familiar boundaries of nation, first language, and citizenship, they may also be particularly able to comprehend how to negotiate transnational situations, even in some cases turning such circumstances to their advantage.
Semiperipheries in the World-System: Reflecting Eastern European and Latin American Experiences