Corporations No Longer Have National Identity—or Loyalty
1st December 2007
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Globalization, immigration and trade policies are intertwined—and you can't solve one without addressing the other two, says Gabriela Lemus, executive director of the Labor Council for Latin American Advancement (LCLAA), one of six AFL-CIO constituency groups.
Lemus says the global economy is not working because "there is a huge disconnect between the multinational corporations and consumers, and it is threatening our democracy.
"Corporations are no longer loyal to one market, and as a result they have no sense of national identity. They are actually becoming so big they are competing with nation states. They don't respect boundaries, but they expect us to."