The multi-national corporations need a name that redefines them. Transnational Corporations is a more accurate descriptive term for them; since they carry on without any regards. Increasingly flagless and stateless, they weave global webs of production, commerce, culture and finance; virtually unopposed. They expand, invest and grow, concentrating ever more wealth in a very limited number of hands. They work in coalition to influence local, national and international institutions and laws. And together with the governments of the USA, Canada, Mexico, Europe and Japan, as well as international institutions such as the International Monetary Fund, the World Bank and the World Trade Organization and increasingly, the United Nations, they are molding an international system in which they can trade and invest even more freely - in a world where they are less and less accountable to the cultures, communities and nation-states in which they operate. Underpinning this effort is not the historical inevitability of an evolving, enlightened civilization, but rather the unavoidable reality of the overriding corporate purpose: the maximization of profits. Americas economy can not be sustained by our continued consumption of foreign goods."We the People" need Congress to regulate trade and control these Corporate Predators. We need to shift the emphasis away from imports based on the plunder of resources and the exploitation of workers, to sustainable economic activities, that roots capital locally and nationally.
James R. McClean