Do Multinational Corporations Exploit the Developing World Term Paper

Do Multinational Corporations Exploit the Developing World - Term Paper ExampleTo most move of the developing world, Capitalism is a mantra that is probably one of the surest ways of achieving economic stability not just for the individual, but also for the country as a whole. The core group of capitalist exchange is to proceed from money to money by way of commodity and end up with more money than one had at the outset. (Raymond Aron 1967). Does this go quite lop-sided Well, to a person or a firm who has decided to bet his last dollar on making it big in a country that is not his own, there is every cause to make the most of what can be got? Over a period of time, one will be able to assess and evaluate the quantity and quality of the resources that are available in this new country. However one-sided the argument of a capitalist whitethorn seem to be, there is no doubt that expansion of each firm involves certain losses, the pinch of which is usually felt by the developing worl d. There is this never-ending rat-race for economic prosperity, marked by large-scale trade-offs that are more often than not, worth the reward, over a period of time. To the capitalist, this is the essence of success, a tangible valuate of progress. There is no doubt that Communism as an ism has all but disappeared from the present day world. In spite of this, there are remnants of this political theory which are very powerful in many split of the world even today. When one talks about the rights of the worker or the son of the spot for that matter, there is this overriding imperative to take care of his needs before all developmental issues are even thought of. There is always the solicitude that the advent of multinational corporations would first exploit workers and then alienate them in their own homelands. A fear that has taken root in many parts of the world today, sparking off protests against the entry of multinational firms into a country. As opposed to indigenous fi rms that are aimed at taking care of the land and labor without exploiting any resource, socialists believe that the entry of multinationals will spell the beginning of the end as far as economic independence is concerned.