1. Global strategies
  2. Counteracting economic control by transnational corporations

Counteracting economic control by transnational corporations

  • Dismantling corporate rule

Context

Most of the foreign direct investment (two thirds according to the United Nations) in both privileged and underprivileged countries consists of transnational corporations (TNCs) taking over national enterprises, which most typically results in the destruction of jobs. Also, TNCs never come alone with their money: they bring foreign products into the country, sweeping great numbers of local firms and farms out of the market, or forcing them to produce under even more inhuman conditions. Foreign investment can also provoke the unsustainable exploitation of natural resources, which results in the irretrievable dispossession of the livelihoods of diverse communities of indigenous peoples, farmers, ethnic groups etc.

Broader

Constrains

Constrained by

Facilitates

Facilitated by

Related

Problem

Oligopolies
Excellent

Value

Uneconomic
Yet to rate
Uncorporate
Yet to rate
Self-control
Yet to rate
Misrule
Yet to rate
Dismantlement
Yet to rate

SDG

Sustainable Development Goal #8: Decent Work and Economic GrowthSustainable Development Goal #12: Responsible Consumption and ProductionSustainable Development Goal #16: Peace and Justice Strong Institutions

Metadata

Database
Global strategies
Type
(F) Exceptional strategies
Subject
  • Commerce » Multinationals
  • Law » Law
  • Cybernetics » Control
  • Economics » Economic
  • Content quality
    Yet to rate
     Yet to rate
    Language
    English
    Last update
    Dec 3, 2024