Atelier n°. 0, article 2
Stevenson :
(August 2000)

In 1991, only 157 of the world’s top 500 multinational corporations were U.S. based (1), but all of them and, indeed, the total of 44,000 multinationals and their 280,000 affiliates (2) require U.S. military protection.

Corporate globalization proceeds, and the major multinational corporations of the world are making more and more cross border mergers and strategic alliances. In 1988, there were 2,137 such mergers. In 1998, there were over 6,000 (3). As of 1997, the combined sales of the top 200 global firms equaled 26% of the world’s GDP (4).

Notes

  1. William Greider, One World Ready or Not: The Manic Logic of Global Capitalism (New York, Simon and Schuster, 1997), 22.
  2. Sarah Anderson, et al., Field Guide to the Global Economy (New York, The New Press, 2000), 66.
  3. Newsweek, 18 May 1998, 25.
  4. Anderson, 67.
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