Post by xyz3700 on Feb 27, 2024 9:19:08 GMT
Globalization has brought a desirable, and in some ways unprecedented, circulation of wealth in the face of the accentuated internationalization of the economy and knowledge. This entire process unfolds into an infinity of highly diverse actions, circumstances and consequences according to wide variables, such as the profound differences between countries, the varied economic and regional characteristics, the degree of national or regional development, and its effect on different societies, given the complexity of cultural values, among many other variables. Like all processes in human history, globalization brought good effects, but it also presented some harm . Obviously, the constructive and destructive force of this global phenomenon is welcome in what it brings good, but it must be controlled in what it brings bad.
It is never too much to remember the overwhelming effect of the immense power, enhanced by the phenomenon of globalization, of some large business groups whose revenue is today greater than the Gross Domestic Product of many countries. Investments by international economic agents are examples of this situation. They are highly desirable, especially for a country Chinese Malaysia Phone Number List lacking capital, so it is both necessary to attract them and, on the other hand, it is impossible not to subject them to current rules, under penalty of harming not only consumers, but even businesspeople and internal investors in a country; To this end, it is essential to understand its dynamics and arising risks. Unfortunately, among the risks, there are those associated with what author John Dobson called “ lack of moral judgment on the part of transnational corporations.
In fact, although, historically, certain amoral behavior of some corporations is somewhat atavistic, as Fábio Konder Comparato narrated in the parable of the imagined “ American Electric ” [3] , in which this company, in fiction, launched a national advertising campaign contrary to the public interest, but highly favorable to its profits, which were made in large quantities due to the successful campaign. The extraordinary profit caught the attention of congressmen who launched an investigation. To their surprise, at the hearings, they discovered that most of the executives personally had reservations or were against the campaign, but stated: they knew that “it served the interests of the company and they had to do it, so they did it” . This story is from the 1960s and warns of the potential danger of legal machinery and the amoral logic that can undermine some corporate actions.
It is never too much to remember the overwhelming effect of the immense power, enhanced by the phenomenon of globalization, of some large business groups whose revenue is today greater than the Gross Domestic Product of many countries. Investments by international economic agents are examples of this situation. They are highly desirable, especially for a country Chinese Malaysia Phone Number List lacking capital, so it is both necessary to attract them and, on the other hand, it is impossible not to subject them to current rules, under penalty of harming not only consumers, but even businesspeople and internal investors in a country; To this end, it is essential to understand its dynamics and arising risks. Unfortunately, among the risks, there are those associated with what author John Dobson called “ lack of moral judgment on the part of transnational corporations.
In fact, although, historically, certain amoral behavior of some corporations is somewhat atavistic, as Fábio Konder Comparato narrated in the parable of the imagined “ American Electric ” [3] , in which this company, in fiction, launched a national advertising campaign contrary to the public interest, but highly favorable to its profits, which were made in large quantities due to the successful campaign. The extraordinary profit caught the attention of congressmen who launched an investigation. To their surprise, at the hearings, they discovered that most of the executives personally had reservations or were against the campaign, but stated: they knew that “it served the interests of the company and they had to do it, so they did it” . This story is from the 1960s and warns of the potential danger of legal machinery and the amoral logic that can undermine some corporate actions.