Multinational companies have probably created more international mystery and controversy than any institution except the CIA. Many people feel that the transnational companies, as a new, major and poorly understood force in world business, must somehow be responsible for the prevalence of such economic ills as high prices, unemployment and balance of payments hemorrhages. Such suspicions are being fanned by a new book, Global Reach (Simon & Schuster; $11.95) by Political Scientist Richard J. Barnet and Economist Ronald E. Müller, that is kicking up a considerable controversy of its own.

The book has been praised by Psychoanalyst Erich Fromm, Economist...

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