GEOG 122 Lecture Notes - Lecture 10: Friedrich Engels, George Weston, Multinational Corporation
Document Summary
Seem to offer the possibility of bringing the world together. But their rationale as institutions depends upon keeping the world apart. Global corporations make money by separating, what different parts do in different places. Put operations in different countries by using space and place able to maximize their profit: existence depends on ability to eradicate geographical differences but sustain and maintain spatial separation. Almost as old as capitalism itself: british hudson bay co. , british east indian co. , dutch. Marx predicted growing size of corporations would cause the collapse of capitalism. But marx partly lived off their profits (even critiques of capitalism, they are influenced by it) - karl marx and friedrich engels. Capitalism thrived because of its usage of space. Mncs (or transnational corporations, tncs) are firms that own, control and coordinate activities in more than one country (dicken) Growth in numbers: 1970 7,000; 2006 63,000 growth in size:
