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Globalization Quote by Joseph Stiglitz

“It isn't inevitable that we have a globalization which is used by the corporations not to pay taxes. It is not inevitable that we have a form of globalization in which corporations use the threat of moving jobs abroad to lower wages. None of this is inevitable.” quote by Joseph Stiglitz
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“It isn't inevitable that we have a globalization which is used by the corporations not to pay taxes. It is not inevitable that we have a form of globalization in which corporations use the threat of moving jobs abroad to lower wages. None of this is inevitable.”

Joseph Stiglitz

About This Quote

Source Speech: Public Lecture on Globalization, 2010

Corporate tax avoidance and wage suppression are choices, not unavoidable outcomes of globalization.

In simple terms: Corporations can choose fair practices.

Key Takeaway

Advocate policies that prevent corporate exploitation.

Themes

economics justice globalization taxation labor politics

Mood

concerned determined hopeful

Type

analytical advocacy

When to use this quote

  • government regulation
  • corporate governance
  • consumer activism
  • labor negotiations
  • international trade agreements

Key Concepts

public policy corporate responsibility economic inequality

Questions to Reflect On

  • What policies can ensure corporations pay fair taxes?
  • How can workers protect wages in a global market?
A Different Perspective

Corporate incentives may resist change without strong enforcement.

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