Capital Mobility Quotes



Conservatives generally do not have a problem with the businesses of the country exercising a great deal of control over the government, but the left wing usually does. However, when it is multinational corporations that pressure the government, then nationalist conservatives are distressed and join with the left lest “foreigners” control things rather than their own rich people.


In America and Canada, corporations, at their discretion, may leave a state/province or the country, and take their money, machines, and key people with them. The state and country lose the benefit of the employment the corporation enabled, the talent and productivity of the people who leave, and the business done by other companies in supporting the corporation. As a result corporations can not only lobby for whatever legislative outcome they want, and can give unlimited campaign contributions, but they can simply threaten to move to another state of offshore if they do not get their way. In many other nations, the corporations cannot move without permission and their assets can be frozen. Currency controls could prevent them from taking their money and running. The Freedom of the United States and Canada is well worth the risk of corporations dictating policy to government, but that is a very undesirable and undemocratic problem that must be faced in other ways