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Preferred term

transnational capitalism  

Definition

  • Although they are often used interchangeably, the idea of transnational capitalism should be clearly distinguished from the idea of international capitalism. International capitalism refers to the relations between capitalist entities doing business within the national economies of all the countries in the world considered to be capitalist and between these countries (international trade). [Source: Encyclopedia of Consumer Culture; Transnational Capitalism]

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https://concepts.sagepub.com/social-science/concept/transnational_capitalism

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