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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.” quote by Peter Dicken
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“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.”

Peter Dicken

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.

Key Takeaway

See MNCs as expected outcomes of capitalist growth.

Themes

capitalism globalization business

Mood

analytical informative

Type

academic economic

When to use this quote

  • international trade
  • policy making
  • investment analysis

Key Concepts

economic development corporate strategy

Questions to Reflect On

  • How do MNCs affect local economies?
  • Can capitalism be reformed without MNCs?
A Different Perspective

Overlooks power imbalances and local impacts.

3.2 out of 5 (8 ratings)

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