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Abstract The transnational capitalist class (TCC) as a theoretical concept and an empirical reality has its origins in theories of capitalist globalization developed since the 1960s. Traditional Marxist theories of the international bourgeoisie tend to be conceptualized in state‐centrist terms and to focus mainly on business leaders, usually big capitalists, and their corporations in rich and powerful countries exploiting capitalists, workers and peasants in poor countries. The transnational corporation (TNC), in contrast, transcends national class structures and, for some researchers, includes groups whose members do not directly own the means of production but, nevertheless, directly serve the interests of global capitalism.
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