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.”
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.
Recognize political ties in business.
Themes
Mood
Type
When to use this quote
- investment decisions
- trade negotiations
- regulatory policy
Key Concepts
Questions to Reflect On
- How does state backing affect competition?
- What are the risks of corporate‑state alliances?
State power can also constrain firms.