I have to debate why multinational corporations are good for developing countries, and I know the arguments for them being bad are strong so are there any really good positive arguments I could use to smash the opposition? Multinational companies like Nike, Sony, Apple, Toyota, Coca-Cola all have investments and operations in developing economies.
When the going gets tough, the tough get going—elsewhere. A meeting in Oslo suggests that the current model of the Markets and Globalization may not be the way to go. This is because when it comes to a country trying to impose some environmental or societal considerations and legislation on multinational corporations, they just move to a country where the rules and regulations aren't as strict.
One reason that this situation arises is because of the flawed structural adjustment programs which force developing nations to continuously cut back in order to export more at a cheaper rate and race to the bottom. Take the following as examples by no means exhaustive!
Coca Cola in Zambia. They have closed their operations there due to disagreements about tax exemptions. Another example is how the tobacco industry is now moving on to Asia as sales in USA and Europe decline and the US settlements do nothing to prevent this.
India is one example where there is tremendous increase in smoking, and smoking related illnesses and death. This link also provides some information and statistics about this issue.
Nike, as mentioned above, as well as many other retail companies, use cheap labor in South East Asia, where they can get away from the tighter enforcement and regulations of USA and Europe. Phillips-Van-Huesen have been criticized for closing a factory in Guatemala because the workers tried to form a union to protect their basic rights.
A report by three human rights organizations revealed the details.
It reveals how the company closed a factory in order to destroy the union and profit from lower wages by sweatshop contractors in Guatemala.
You can see the full report at the Americas. In Aprilas Alternet. Levis tried to introduce a code of standards, but it seems that Levis too has been feeling the competition pressure and in order to maximize profits and reduce costs, now also feels compelled to join the herd, so to speak, and go for cheaper labor costs.
Even baby foods have an impact on poorer countries.
Multinational companies, such as Nestle, that create breast milk substitutes promote their use very heavily in many developing countries, as a replacement for breast feeding altogether.
This is shown to have negative health effects on babies. UNICEF, the World Health Organisation and others came up with a code of conduct to ensure responsible advertising and promotion of substitute products. Only the United States didn't. However, John Madeley described the reaction that Nestle and others had, as a result: Nestle and other babyfoods companies have put pressure on governments not to introduce strong codes.
In Zimbabwe, Nestle reportedly threatened to disinvest from the country if strong measures were introducedalleged Baby Milk Action. Even in Germany, United States etc, the government is at the whim of the larger more powerful corporations as this quote provides an example of: If the investment position is no longer attractive, we will examine every possibility of switching our investments abroad.
Daimler-Benz proposed relocating to the US; other companies threatened to stop buying government bonds and investing in the German economy. In view of the power these corporations wield their threats were taken seriously.
Within a few months Germany was planning corporate tax cuts which would reduce tax on German companies below US rates. And it is difficult for whichever political party may be in power, to try and make a change, due to this very threat of moving on.[This is a repost of the Non-Libertarian FAQ (aka “Why I Hate Your Freedom”), which I wrote about five years ago and which used to be hosted on my website.
[ Click Here ] Shadow Masters: How the Illuminati Influence the World “The governments of the present day have to deal not merely with other governments, with emperors, kings and ministers, but also with the secret societies which have everywhere their unscrupulous agents, and can at the last moment upset all the governments’ plans.”.
In the Third World, there is often also a deep-rooted skepticism of the reliability and moral quality of business behavior. Sen and Coke. Problems with multinational companies, and companies going into third world and less developed countries.
Hillary Clinton and Donald Trump went head-to-head for the first time Monday night in a debate at Hofstra University in Hempstead, N.Y. The debate was moderated by Lester Holt of NBC News and came. Features. Level thinking What should you do at work when an occupational hygienist calls?
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