Disagreements With Corporations
Activists argue that corporate globalization corresponds to a displacement in the transition from a highly industrial-based economy to one where trade development is connected with the financial deregulation on the basis of circulation of capital. An increasing number of diverse societies have been changed to free-market structure, leading to displacement. As this expansion has occurred, market-governed regulation has outrun the grasps of the state. Opponents of corporate globalization hold that the government needs greater power to control the markets, that income inequality is increasing, and that corporations have gained too much power. As part of the political left, activists against corporate power and influence support a decreased income gap and improved economical equity.
Read more about this topic: Anti-corporate Activism
Famous quotes containing the word corporations:
“I cannot believe that our factory system is the best mode by which men may get clothing. The condition of the operatives is becoming every day more like that of the English; and it cannot be wondered at, since, as far as I have heard or observed, the principal object is, not that mankind may be well and honestly clad, but, unquestionably, that the corporations may be enriched.”
—Henry David Thoreau (1817–1862)