Transnationalism is a social phenomenon grown out of the interconnectivity between people and the receding economic and social significance of boundaries. The term transnationalism is becoming more and more prominent in the social sciences. The term transnationalism was popularized Randolph Bourne to describe a new way of thinking about relationships between cultures. Transnationalism involves the global reorganization of the production process of any product which can be done in various countries with the aim of minimizing costs. Economic transnationalism or globalization began in mid 20th century because of the development of the internet and reduction in global transportation costs and containerization. A Multinational Corporation a form of transnationalism because they want to minimize costs and maximize profits. Transnationalism has also nourished literature in social sciences.
The transnational capitalist class known as the transnational capitalist network in Marxian-influenced analyses of international political economy and globalization believe that it has relevance with the growth of capitalist globalization. Transnationalism has also changed the way immigration is conceptualized. The transnational capitalist class contend that it does not make sense to link specific nation-state boundaries with migratory workforces, and globalized corporations. Overseas Chinese are a historical precursor to modern transnationalism. Diaspora studies could move away from the political discourse that surrounds transnational studies.
Transnationalism grew out of improved and
increased interconnectivity between people and the receding significance of
boundaries among nation states.
Transnationalism involves the global reorganization of the production process in various countries with the aim of minimizing costs. Critical theories of transnationalism argue that transnational capitalism occurred through the monopolization and centralization of capital. The main driver of transnationalism has been the development of technologies that have made transportation and communication more accessible and affordable.