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.”
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.
Advocate stronger international regulation.
Themes
Mood
Type
When to use this quote
- trade negotiations
- environmental policy
- human rights enforcement
- taxation
- anti‑corruption measures
Key Concepts
Questions to Reflect On
- How can nations cooperate to regulate multinational power?
- What mechanisms can ensure corporate accountability?
Enforcing laws across borders is politically and technically challenging.