MULTINATIONAL CORPORATIONS AND THE LOSS OF SOVEREIGNTY PART 1 #tcot

MULTINATIONAL CORPORATIONS AND THE LOSS OF SOVEREIGNTY
PART 1

By Dennis L. Cuddy, Ph.D.
August 5, 2013
NewsWithViews.com

In 1967, Business International issued a research report stating: " ...the nation-state is becoming obsolete: tomorrow...it will in any meaningful sense be dead---and so will the corporation that remains essentially national."

Until this time, American political parties, even the business-oriented Republican Party, had been concerned about protecting American jobs. In the 1972 Republican Party platform, there was the following provision: "We deplore the practice of locating plants in foreign countries solely to take advantage of low wage rates in order to produce goods primarily for sale in the United States. We will take action to discourage such unfair and disruptive practices that result in the loss of American jobs." However, this plank in the 1976 platform was omitted! What had happened?

In GLOBAL REACH: THE POWER OF THE MULTINATIONAL CORPORATIONS (1974), authors Richard Barnet and Ronald Muller quote IBM French spokesperson Jacques Maisonrouge as commenting: "In the forties Wendell Willkie spoke about 'One World.' In the seventies we are inexorably pushed toward it." In 1973, David Rockefeller formed the Trilateral Commission. And the next year, Trilateralist Richard Gardner wrote in the Council on Foreign Relations' (CFR's) FOREIGN AFFAIRS (April 1974) that to build the "house of world order...an end run around national sovereignty, eroding it piece by piece, will accomplish much more that the old-fashioned frontal assault." Barnet and Muller also quote Trilateralist and CFR member George Ball (former Undersecretary of State and chairman of Lehman Brothers International) as saying the nation-state "is a very old-fashioned idea and badly adapted to our present complex world."

Read Part 1 at NewsWithViews.com...