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Acting Quote by Thomas Pogge

“Large multinational corporations, often acting through their industry lobbies, exert a powerful influence on the formulation of domestic rules and on their application - but their influence on supranational institutional design is even larger because it faces practically no opposition there.” quote by Thomas Pogge
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“Large multinational corporations, often acting through their industry lobbies, exert a powerful influence on the formulation of domestic rules and on their application - but their influence on supranational institutional design is even larger because it faces practically no opposition there.”

Thomas Pogge

About This Quote

Source Article: Academic article on global governance, 2015

Large firms shape national rules, but wield even greater power in supranational bodies where resistance is minimal.

In simple terms: Corporate power dominates global policy.

Key Takeaway

Advocate stronger oversight.

Themes

politics economics power

Mood

critical concerned

Type

academic policy

When to use this quote

  • policy drafting
  • international negotiations
  • corporate lobbying

Key Concepts

regulatory capture global governance

Questions to Reflect On

  • What reforms could curb supranational corporate influence?
  • Who should enforce such reforms?
A Different Perspective

Oversight mechanisms are often weak or fragmented.

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