SY4 - TNCs Flashcards
Who works in these EPZs?
85% of the workers are women, meaning it contributes to global inequalities.
Legrain.
TNCs and EPZs can lead to a ‘race to the bottom’. Workers working them don’t have the same legal protection as other workers have, this amount to a form of ‘super-exploitation’.
The Corporation (Canadian documentary).
Because TNCs have to put profit for their shareholders before any other consideration that this institution is essentially ‘pathological’.
Dependency theory.
Very critical of the activities of TNCs. They’d argue they behave in unethical ways and that TNCs increase rather than decrease global inequalities.
Counter-industrialist theories.
The exploitation of the environment. They put short term profit before long term sustainability of the environment.
Illich.
TNCs create false need through their advertising.
Cardoso.
TNCs are the legacy of colonialism.
Soros.
‘Market fundamentalism’ and uncontrolled capitalism.
Altvarter.
Disconnect between TNCs and political and legal systems. Difficult to place them in political, legal and moral frameworks due to their transnational nature.
Shaxson.
Tax is a weapon in the fight against poverty and that tax is paid by companies and individuals, enabling more governments to find vital public services and to finance anti-poverty programmes
