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Ability Quote by Noreena Hertz

“Governments have been ceding power to big multinational corporations in the market. We see the manifest in a variety of ways. Where governments are giving up power to big international institutions like the World Trade Organization or NAFTA, which are disabling governments' ability to protect the…” quote by Noreena Hertz
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“Governments have been ceding power to big multinational corporations in the market. We see the manifest in a variety of ways. Where governments are giving up power to big international institutions like the World Trade Organization or NAFTA, which are disabling governments' ability to protect the rights of their own people.”

Noreena Hertz

About This Quote

Source Speech: Economic Forum Panel, 2018

The quote critiques how governments increasingly cede authority to multinational corporations and trade bodies, limiting their capacity to protect citizens.

In simple terms: Governments losing power to big corporations harms citizen rights.

Key Takeaway

Guard national sovereignty and public interest.

Themes

globalization power sovereignty trade corporate influence

Mood

concerned analytical

Type

political economic

When to use this quote

  • policy making
  • public advocacy
  • business regulation

Key Concepts

political science economics law

Questions to Reflect On

  • How can citizens influence policy?
  • What checks can balance corporate power?
A Different Perspective

Corporate power can outweigh democratic accountability.

2.6 out of 5 (7 ratings)

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