SOCA01H3 Chapter : MSL NOTES ON READING #37
Document Summary
Reading #37 one world under business by: charles derber. Monetary fund, and the world bank, also strongly led from the white house. These three power centers increasingly operate as a system. global power lies in the system itself and the new corporate elites who seek to manage it. This new world system can be called global corpocracy. it evokes a corporate-driven system that celebrates the idea of democracy more than any earlier global order. The commanding role of business has become the key element of the new system. this partly reflects the astonishing new size and global reach of transnational corporations. Toyota, ge, royal dutch/shell, ibm, and bp amoco. In terms of sale, each of them are larger than about 140 of the 190 nations of the world. the top five corporations are each bigger than 182 of 190 countries. it globally joins these giant transnational companies and governments in an entangled and unequal partnership.
