DO MULTI-NATIONAL CORPORATIONS HELP OR HURT POOR COUNTRIES?

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DO MULTI-NATIONAL CORPORATIONS HELP OR HURT POOR COUNTRIES?


[+] serious ballot by EUROTOPIA
created Fri Oct 22, 04

Within the Global South there has existed widespread controversy about the impact of MNC's activities influence on their economy, growth rate, and human rights. Do you believe they help or hurt the Global South? (NOTE: this is not an Anti-American ballot- MANY corporations are European and Japanese, etc).

They help them.
They hurt them.


Ballot #56061 : SEE RESULTS

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COMMENTS:
MNC's are evil!
by EUROTOPIA on Fri Oct 22, 04 9:59am [+]

They are a detriment to the development of the Global South because they:

- give rise to oligopolistic conglomerations that reduce competition and free enterprise.

- Raise capital in host countries (thereby depriving local industries of investment capital) but export profits to home countries.

- Breed debtors and make the poor dependent on those greedy so-and-so's providing loans.

- Limit the availability of commodities by monopolising their production and controlling their distribution in the world market.

- create "sanctuary" markets which restrict and channel other investments to give MNCs an unfair advantage.

- Export technology ill suited to under-developed economies.

- They make the Global South dependent on the technologies of the Global North- that is less innovation from within the respective nations!

-Conspire to create cartels that contribute to inflation.
by EUROTOPIA on Fri Oct 22, 04 10:15am [+]

I'm NOT finished yet!!!
They also:

- give rise to unemployment.

- Limit workers wages.

- Support child labour.

- Control the raw materials of these nations.

- Impose silly consumerist values on the local populations!!!

- Widen the gap between rich and poor (on BOTH a national and international level of analysis)!

- Increase the wealth of local elites at the expense of the people of the country!!!!!!!

- Support repressive regimes in the name of national interest !!!!! !!!!

- Challenge the autonomy and soveriegnty of the peoples of these countries. Reforms are blocked by these evil MNCs.

- Create cartels with other MNCs that share markets in order to cut competition.

- Stunt the growth and rise of any locally run businesses.
by EUROTOPIA on Fri Oct 22, 04 10:24am [+]

They control the wealth and natural resources of these poor nations and expoit cheap labour of the population. All of this is sent as profit to the host nation... Sounds like an implicit form of colonisation to me!!! NEO-COLONISATION! USA, Europe and Japan: are the global aristocrats. This system cannot be sustained. While we in the West are ignorant of it- those in the global south are all to weary of it. No wonder they hate us! No wonder there are terrorists who despise us to such a distrubing extent!!!
by EUROTOPIA on Fri Oct 22, 04 10:30am [+]

Globot.
by cretin_slap on Fri Oct 22, 04 10:39am [+]

The same people that own MNCs are the ones pushing for a World Government. World Government, Single World Currency etc would make it far easier to exploit all countries. We would all become equal: equally poor.

The people whose views you repeat ad nauseum are the very people who claim that Africa is overpopulated, introduce AIDS (a provably artificial disease), and then charge the earth for ineffective drugs. This is what the global elite (that want a World Government) see as population control. They offer solutions to the problems that they themselves create.
by cretin_slap on Fri Oct 22, 04 10:44am [+]

I believe in world government BUT I never said ANYTHING about private enterprise or the UN bringing this about. I am form a particular branch of globalism. I've said several times that I oppose the UN's favouritism of the global north and neo-liberalism's support for MNCs.
by EUROTOPIA on Fri Oct 22, 04 10:56am [+]

cretin_slap all this private corporation oppression can be attributed to capitalist oppression YET you pledge that UN socialists are behind it?
by EUROTOPIA on Fri Oct 22, 04 11:05am [+]

Eurotopia is correct.
by NHBman on Fri Oct 22, 04 12:47pm [+]

EUROTOPIA, I rarely agree with you, but I do on this issue. MNC's are only looking out for themselves and not for the interests of their homeland's economy nor the rights of third world laborers.
by _Beelzebubba on Fri Oct 22, 04 1:08pm [+]

Your insights and fact based findings regarding this subject matter is appreciated and yes, I agree that MNC is nothing more than a the BIGGEST plantation ever erected by man and many are slaves to do their bidding...Excellent ballot!
by Barbara_Baby_Cakes on Fri Oct 22, 04 1:48pm [+]

If it weren't for 'evil' corporations most third world nations would be worse off than they are now.

Answer me this: if you do away with multinational corporations where exactly are third worlders going to find jobs? Oh well they'll start up their own businesses. And where do they get the financial resources to do this, and build the necessary infrastructure, and hire experts to get them started? Uhh . . well they'll get loans from other nations. Great idea, except they're already heavily in debt, and have no collateral to back up those loans. Uhh . . . then the US should just give them all the money they need free of charge. We've done that for decades and all it does is hurt the local businesses that have managed to get started. So let's hear it, where are these people going to find employment without outside influence?
by herzog on Fri Oct 22, 04 3:08pm [+]

I don't know what MNC's are but I think that corporations can, and do, both harm and good. There are good corporate citizens out there. And bad ones.

I think that it has less to do with mulit-nationals and more to do with the IMF and the World Bank. Especially when they start demanding austerity programs that primarily benefit not only the developed, wealthy nations, but also the multis.
by xxxxxxxx on Sun Nov 14, 04 4:25am [+]






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