GEOG 122 Lecture Notes - Lecture 11: System For Information On Grey Literature In Europe, Starbucks, Multinational Corporation
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11: global corporations: walmart as an example (cid:862)more tha(cid:374) a(cid:374)y other si(cid:374)gle i(cid:374)stitutio(cid:374), the tra(cid:374)s(cid:374)atio(cid:374)al (cid:272)orporatio(cid:374) has (cid:272)o(cid:373)e to (cid:271)e regarded as the primary shaper of the contemporary glo(cid:271)al e(cid:272)o(cid:374)o(cid:373)y(cid:863)-peter dicken, global shift. Global corporations: (cid:862)it"s the real thing(cid:863) (cid:862)it(cid:859)s the real thi(cid:374)g, coke is what the world wa(cid:374)ts today(cid:863: coke theme song 1971. It is a (cid:272)horus of a hu(cid:374)dred (cid:858)i(cid:859)s wishi(cid:374)g the sa(cid:373)e wish(cid:863) . Seem to offer the possibility of bringing the world together. Their rationale as institutions depends upon keeping the world apart. Almost as old as capitalism: british hudson bay corporation, british east indian corporation, dutch east indian corporation. Marx predicted growing size of corporations would cause the collapse of capitalism: but marx partly lived off their profits. Mncs (or transnational corporations tncs: (cid:862)that o(cid:449)(cid:374), (cid:272)o(cid:374)trol a(cid:374)d (cid:272)oordi(cid:374)ate a(cid:272)ti(cid:448)ities i(cid:374) (cid:373)ore tha(cid:374) one country(cid:863) dicken. Growth in numbers: 1970: ~7000, 2006: ~63, 000. Growth in size: fortune 500 top 10 global corporations (2016)