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On Balance, are the transnational Corporations "good" or "bad" for nations and their citizens and for the global economy as a whole?
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Heather Pollitt Crim/Soc Shane o'Neil Globalisation Group B On Balance, are the transnational Corporations "good" or "bad" for nations and their citizens and for the global economy as a whole? In today's society it is hard to imagine going to work for very little wages, or even sending a child out to work. Imagine having to work in really poor conditions and every day is a health and safety hazard. Well, unfortunately these are daily routines for those who work in some transnational corporations (TNCs). The transnational corporations are 'firms which [have] the power to co-ordinate and control operations in more than one country, even if it does not own them' (Dickens, 1998:177, as cited in Macionis & Plummer, 2000:367). These corporations, mainly the major ones are owned by a multitude of people, including stockholders and even other corporations. And one of the main reasons they wish to locate abroad is...
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