Implications of Globalism and the growth of the international companies are probed in this analysis. There are a few numbers of plutocrats that dominate the world and the global governance. They actively try to undermine the democratic expressions that are collective bargaining rights and there is focus on the service for the social safety nets. There is the innate growth of the “neo-feudalism” that is observed. These have in it become pivotal arbiter. The shape the economies and the other nuanced variables need to be considered. There are many laws and regulations that have been constructed in the wealth concentration of the nations. These are found to be used by the companies to further develop money and growth. Koch brothers are found to play an increasingly strong prominence on the political decisions that are made in USA. The role of capitalism and the growth of the rampant contemporary feudalism are probed in this article. These have been analyzed with the theoretical framework.
Westphalian sovereignty is considered to be the principle of many of the tenets of the international law. In this, each national state is considered to have the sovereignty that is based on the territory and domestic affairs. This is considered to be based on the exclusion of external powers. This principle of non-interference is considered to the tenets of another country’s domestic affairs. In this schema, all the nations are considered to be equal. In these tenets, there is the growth of certain nations that try to wield power based on their power capital in the world (Söderbaum and Shaw, 2003). There is the innate role of “invisible hand” as detailed by Adam Smith. The tenets of the capitalism are found to have a profound impact in the working of the companies (Keohane, 2002). Certain companies in the name of capitalistic agenda try to influence the political powers of the democratic state. These cause an increase in the issues in these nations. The system starts to favor the elite class and the issues that have been mentioned in the communism starts to take precedent in the society. These have been detailed in this analysis. Added to this, there is the detrimental aspect of realism that is factored into this paradigm. There is the use of military power in certain nations to profit the rich. There is nepotism and plutocracy in this schema. In this notion, essentially the rich people in the society try and control the poorer population of the world.
These are the implications that are eluded in the article. There is not much of discussion of the issues of other political ideology. In this article, there is discussion of the issues that are in the current schema of events. The major political system that is found in this article is the issues that are found in the feudalism.