When Corporations Rule the World, 3rd Edition

CHAPTER 13Guaranteeing Corporate Rights

Cosmopolitan globalism weakens national boundaries and the power of national and subnational communities, while strengthening the relative power of transnational corporations.

— HERMAN E. DALY

In the corporate economies of the contemporary West, the market is a passive institution. The active institution is the corporation . . . an inherently narrow and short-sighted organization. . . . The corporation has evolved to serve the interests of whoever controls it, at the expense of whoever does not.

—WILLIAM M. DUGGER

The framework for a post–World War II economy, which had been worked out largely between the United States and Britain, called for the creation of three multilateral institutions: the World Bank, ...