Activity Quote by Peter Dicken
“the internationalization of economic activity and its major vehicle, the TNC, can be regarded simply as being part of the normal expansive process of capitalist development.”
About This Quote
Source Book: Global Shift, 7th edition, 2015
The growth of multinational corporations is a natural extension of capitalism’s expansion, not an anomaly.
In simple terms: MNCs are a normal part of capitalism’s spread.
See MNCs as expected outcomes of capitalist growth.
Themes
Mood
Type
When to use this quote
- international trade
- policy making
- investment analysis
Key Concepts
Questions to Reflect On
- How do MNCs affect local economies?
- Can capitalism be reformed without MNCs?
Overlooks power imbalances and local impacts.