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Bigger Quote by Paddy Ashdown

“The multinational corporations now developing budgets often bigger than medium-sized countries — these live in a global space which is largely unregulated, not subject to the rule of law, and in which people may act free of constraint.” quote by Paddy Ashdown
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“The multinational corporations now developing budgets often bigger than medium-sized countries — these live in a global space which is largely unregulated, not subject to the rule of law, and in which people may act free of constraint.”

Paddy Ashdown

About This Quote

Source Speech: Interview on Global Governance, 2005

Corporations wield economic power exceeding many nations, operating in loosely regulated global arenas where legal constraints are weak.

In simple terms: Big companies act like countries without strong rules.

Key Takeaway

Advocate stronger international regulation.

Themes

globalization power law economics governance

Mood

concerned critical

Type

political analytical

When to use this quote

  • trade negotiations
  • environmental policy
  • human rights enforcement
  • taxation
  • anti‑corruption measures

Key Concepts

corporate influence regulatory gaps sovereignty

Questions to Reflect On

  • How can nations cooperate to regulate multinational power?
  • What mechanisms can ensure corporate accountability?
A Different Perspective

Enforcing laws across borders is politically and technically challenging.

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