Trans-national (or multi-national) corporations, some with resources exceeding those available to most governments, govern activities of people on a global scale. According to Karl Marx's theory of historical materialism, the capitalist epoch depends on the expansion of competing geopolitical markets across the planet, atomizing the global proletariat and thus sustaining economic disparity and rivalry between markets. "Characteristics of the Present Age,". The South Asian Association for Regional Cooperation (SAARC) is an economic and political organization of eight countries in Southern Asia. ANN FLORINI: John, let me start off by talking just about the words “governance” and “government.” There was an article in The Economist a few years ago that said governance is just a fancy word for government. The goal of global governance, roughly defined, is to provide global public goods, particularly peace and security, justice and mediation systems for conflict, functioning markets and unified standards for trade and industry. The League lacked its own armed force and so depended on the Great Powers to enforce its resolutions and economic sanctions and provide an army, when needed. The idea of a world parliament was raised at the founding of the League of Nations in the 1920s and again following the end of World War II in 1945, but remained dormant throughout the Cold War. Today, transnational problems such as violence and pandemics routinely reach across borders, affecting us all. The North Atlantic Treaty Organization (NATO) is an intergovernmental military alliance based on the North Atlantic Treaty which was signed on 4 April 1949. The organization constitutes a system of collective defence whereby its member states agree to mutual defense in response to an attack by any external party. Peter Lang, 2010). Although the EU is still evolving, it already has many attributes of a federal government such as open internal borders, a directly elected parliament, a court system, an official currency (Euro), and a centralised[how?] US president Ulysses S. Grant was convinced in 1873: "Transport, education and rapid development of both spiritual and material relationships by means of steam power and the telegraph, all this will make great changes. Projects for improved economic and political cooperation are also happening at a regional level with the Arab Maghreb Union, the Economic Community of West African States, the Economic Community of Central African States the Southern African Development Community and the East African Community. There already is a loose form of world government called by many names, United Nations, World Trade Organization, World Bank, World Court, various world treaties etc. , The French demographer, George Vacher de Lapouge, followed K'ang Yu-wei in 1899 with his L'Aryen: Son Role Social.  The cultural moment of the late 1940s was the peak of World Federalism among Americans. The League of Nations consisted of the Assembly, the Council, and the Permanent Secretariat.  Grotius was a philosopher, theologian, playwright, and poet. As a result of Brexit, the Union is now composed of 27 member states. Not all EU member states use the single currency; Poland for example, retains the Zloty. In particular, international trade in goods, services and currencies (the "global market") has a tremendous impact on the lives of people in almost all parts of the world, creating deep interdependency amongst nations (see globalization). The years between the conclusion of World War II and 1950, when the Korean War started and the Cold War mindset became dominant in international politics, were the "golden age" of the world federalist movement.
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