Paper Topic:

globalization in economic

Introduction

Within the last 150 years the American corporation proves that it is more than the business-model , it is the organizational principle of entire society . As the world starts to globalize the issue of corporations as the central actors becomes the subject of public debates . On the one hand , many researches consider sovereign states as the main players in the world of post-Westphalian transition (Kobrin , 2008 . On the other hand , even nowadays , when the process of globalization is just on the halfway , 51 of the 100 largest economies in the world are

corporations , and only 49 are countries (ISP report 2001 . Multi-national corporations integrate markets , production and distribution over the world . The main idea to research in this work is that globalization is overly corporate-led trend

Is globalization really led by corporations

The theory about the corporative leadership in the current process of globalization is supported with many prominent minds of these days

In the anti-globalization book When Corporations Rule the World David Korten examines myths ' about the global economy - the myth of free trade , the myth of GDP relevance , etc . - and claims that corporate libertarians ' spoilt the ideas of Adam Smith . Thus , he writes

The corporation is an institutional invention specifically and intentionally created to concentrate control over economic resources ) The more national economies become integrated into a seamless global economy , the further corporate power extends beyond the reach of any state (Korten : 63 , 1995 . Korten claims that current methods of economic development are unnatural because they are...

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