{"id":62,"date":"2008-04-17T11:37:12","date_gmt":"2008-04-17T16:37:12","guid":{"rendered":"http:\/\/thestormypresent.com\/ocean\/2008\/04\/17\/on-curbing-the-power-of-multi-national-corporations\/"},"modified":"2008-04-17T11:37:12","modified_gmt":"2008-04-17T16:37:12","slug":"on-curbing-the-power-of-multi-national-corporations","status":"publish","type":"post","link":"http:\/\/thestormypresent.com\/ocean\/2008\/04\/17\/on-curbing-the-power-of-multi-national-corporations\/","title":{"rendered":"On Curbing the Power of Multi-National Corporations"},"content":{"rendered":"

\u00a0The shepherd drives the wolf from the sheep’s for which the sheep thanks the shepherd as his liberator, while the wolf denounces him for the same act as the destroyer of liberty. Plainly, the sheep and the wolf are not agreed upon a definition of liberty. -Abraham Lincoln<\/font><\/em><\/p>\n

Multi national is the new monopoly. Traditional corporations soon won’t exist in a global world. \u00a0Multi-national corporations are slowly becoming the state of things.\u00a0\u00a0 Large beings like Inbev, Sab miller, GE, et. al. are so huge and so diverse that one country can rarely lay claim to being the center of the corporations world.\u00a0\u00a0 Many of these corporate giants are themselves so large they have greater GDP than a large percentage of countries.<\/p>\n

How would we seek to regulate such large corporations when -not if-\u00a0their abuses rise?\u00a0 The markets demands freedom (says any economist) but as the same economist knows, the trend of business is toward establishing Monopolies.\u00a0 Without some (minimal consumer protection) We would all eventually be ruled by multi-national corporations that dwarf governments.\u00a0<\/p>\n

The EU has stumbled right into the solution of course: Economic Unions.\u00a0 These areas -which will have to get bigger in many cases- Enable multiple countries to negotiate in multiple ways again a Multinational corporation.\u00a0 But simply having a trade bloc is not the key.\u00a0 The EU has a unique circumstance.\u00a0 It has also monetary control, a “federal type control structure” and free trade and work zones that contribute to it’s success.\u00a0\u00a0 Basically If the EU agrees to something trade wise, France or Belgium is not allowed to go around it; unlike say if Africa has a trade agreement, Darfur or Egypt may decide to do a private deal.<\/p>\n

The US -and now the EU-\u00a0are\u00a0big enough to do\u00a0have economic power and force multi-national corporations\u00a0to do things they would normally not do, of course\u00a0because\u00a0these economic unions have\u00a0a lucrative enough market to impact corporation earnings, however, at this moment and Time,\u00a0I can’t see Venezuela abiding by what Brazil may do, (For a South American Region) or Russia going along with Kazakhstan even thou they have free trade areas.\u00a0 Until there are economic unions and like parities, MNC (multi-national corporations ) will always have the upper hand in deciding not only where they sell, but to whom and how much.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a0The shepherd drives the wolf from the sheep’s for which the sheep thanks the shepherd as his liberator, while the wolf denounces him for the same act as the destroyer of liberty. Plainly, the sheep and the wolf are not agreed upon a definition of liberty. -Abraham Lincoln Multi national is the new monopoly. Traditional […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[206,205,203,204],"class_list":["post-62","post","type-post","status-publish","format-standard","hentry","category-commentary","tag-corporations","tag-economic-unions","tag-mnc","tag-multi-national-corporations"],"aioseo_notices":[],"_links":{"self":[{"href":"http:\/\/thestormypresent.com\/ocean\/wp-json\/wp\/v2\/posts\/62","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/thestormypresent.com\/ocean\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/thestormypresent.com\/ocean\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/thestormypresent.com\/ocean\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/thestormypresent.com\/ocean\/wp-json\/wp\/v2\/comments?post=62"}],"version-history":[{"count":0,"href":"http:\/\/thestormypresent.com\/ocean\/wp-json\/wp\/v2\/posts\/62\/revisions"}],"wp:attachment":[{"href":"http:\/\/thestormypresent.com\/ocean\/wp-json\/wp\/v2\/media?parent=62"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/thestormypresent.com\/ocean\/wp-json\/wp\/v2\/categories?post=62"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/thestormypresent.com\/ocean\/wp-json\/wp\/v2\/tags?post=62"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}