The capture of institutions as an international phenomenon

Main Article Content

Sara Piedrahita Sierra

Abstract

The capture of institutions is the way in which the economic elites manage to relate to the public sphere and maintain their position of power through the advantages that their profits give them to co-opt various political organizations. This is known as state capture, and is typically analyzed at the national level. However, the process has internationalized and reached relations between countries and supranational organizations. Reading the phenomenon from a State-centric framework became insufficient, given that where before there was an elite with enough power to monopolize public decisions, now there is a co-opted global institutionality that exerts pressure on the actions of governments. This article seeks to emphasize the cooptation of international institutions, especially in the ways in which it manifests itself and its consequences. For this reason, it is exposed that the unequal relations between countries and the participation of transnational elites in power decisions are the ways in which a global capture is evidenced within the new relationship dynamics in the global scenario. For the development of the research and the text, a qualitative methodology of the documentary review type is used.

Keywords:
Capture of international institutions, Capture of the State, Global economic relations, Transnational elites

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