MULTINATIONALS: Summons to the U.N.

The debate over multinational corporations has traditionally been carried on between industrialized nations, which saw the giant firms as creators of needed economic growth, and Third World nations, which often regarded them as agents of "neo-Imperialism." Lately, even economists and political leaders of larger nations have wondered aloud whether the multinationals might indeed be growing too large, too far beyond any government's control. Last week the United Nations held its first hearings on a subject that some members regard as one of the organization's central missions during the century's last quarter: finding...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!