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 rights of their own people.”
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.
Guard national sovereignty and public interest.
Themes
Mood
Type
When to use this quote
- policy making
- public advocacy
- business regulation
Key Concepts
Questions to Reflect On
- How can citizens influence policy?
- What checks can balance corporate power?
Corporate power can outweigh democratic accountability.