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Advantage Quote by Herbert Schiller

“Ultimately, each transnational firm strives for its own advantage, and is supported in that effort by the state power wherein it resides, or at least where its main shareholders are domiciled.” quote by Herbert Schiller
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“Ultimately, each transnational firm strives for its own advantage, and is supported in that effort by the state power wherein it resides, or at least where its main shareholders are domiciled.”

Herbert Schiller

About This Quote

Source Book: “The Politics of the Global Economy” by Herbert Schiller, 1975

Multinational corporations pursue advantage, backed by their home nation’s power or shareholders.

In simple terms: Firms rely on state support.

Key Takeaway

Recognize political ties in business.

Themes

globalization power economics

Mood

analytical critical

Type

economic political

When to use this quote

  • investment decisions
  • trade negotiations
  • regulatory policy

Key Concepts

political economy corporate strategy

Questions to Reflect On

  • How does state backing affect competition?
  • What are the risks of corporate‑state alliances?
A Different Perspective

State power can also constrain firms.

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