“…In addition, multinational corporations, as carriers of technology, capital, and skilled labor between states, have reinforced the negative effects of foreign capital penetration by creating enclave economies within the host countries, which are characterized by small pockets of economically developed regions, in contrast to the larger peripheral areas that exhibit extreme poverty and little progress, thus enlarging the gap between the rich and the poor (Kim 2000:1–2). In this sense, globalization is producing a new kind of hegemony that fuses power and wealth in a kind of “corporcracy” of financial markets and corporations that rule the world (Derber, quoted in Dallmayr 2002:145). In sum, the processes of globalization have led to a ruthless capitalist system characterized by exploitation, domination, and growing inequalities both within and among national societies, composed of the rich core of developed economies and the exploited, impoverished periphery of the Third World countries (Gilpin 2000:29, 300).…”