The Global Forces Of Capitalism Essay - 1840 Words

Taking ‘you’ to mean citizens in contemporary society, this essay will argue that the global forces of capitalism have immense powers over the government and the people. These forces transcend the sovereignty of individual nation states through corporations, currency and the stock market, and thus over societies and their people. According to Terrence Ball, power is a â€Å"contingently contested concept† (Ball 1993: 556), therefore I will address power in terms of its definitions by Peter Bachrach and Morton S. Baratz in its ‘second dimension’, that of setting the agenda (Bachrach and Baratz 1962). Next, Steven Lukes’ ‘third dimension’, which explains how the power of non-observable conflict alters the wants of those it exercises power over, with this not being in their true interest (Lukes 2005: 25). Subsequently, I will turn the attention to Michel Foucault’s definition of power as a â€Å"multiplicity of force relations † (Foucault 1978: 92) and its link with Hannah Arendt’s argument that power is sustained by the masses (Arendt, in Ball 1993: 549). These ideas are not the same but, in terms of capitalism, similarities can be drawn, which suggests not only that capitalism exerts power, but that this power is accepted. I will contest this view under the argument of ‘false consciousness’, first coined by Friedrich Engels (Augoustinos 1999). Collectively, these definitions will provide the foundations for a full analysis of how capitalism has the most power over present-day society.Show MoreRelatedMarxisms Tools for Contemporary International Relations Essay1619 Words   |  7 Pagescollapse of the Soviet Union and the end of the Cold War between the Western Bloc and Eastern Bloc, the enduring ideological conflict between communism and capitalism was seen to come to an end. 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