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Originally Posted by ianch99
I think the global superstate fears are fantasy. What is a real and present danger is the corporate globalism.
The power and reach of the global multinationals is now beyond the point where we can, as individual nations, control. Ironically it is institutions like the EU that have sufficient market mass that can hope to stand up against these entities.
Although, saying that, the EU has failed to grasp this nettle completely: the tax regime in Luxembourg being an example.
The naivety of embracing a global free trade policy in the hope that "market will deliver" is already self-evident and has been for a while now. We need, as a nation now we are out of the EU, to pass laws that enforce global companies to commit to the country they raise revenue from. This means clear and fair tax from revenues and more importantly, obligation to employ nationals from the country they operate in.
These changes would ensure that global multinationals whose agenda is just profit and have no allegiance or affinity to the country they operate in, cannot exploit countries with impunity.
If you just invite multinationals into your bed with offers of sweet tax deals and impose no regulation, you are dancing with the devil ..
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Agreed. And global multinationals are no doubt opposed to blocs like the EU as they alone have sufficient scale to challenge them; national governments being too small.
---------- Post added at 10:26 ---------- Previous post was at 10:23 ----------
Quote:
Originally Posted by Ramrod
Not at all. They are the ultimate goal. I agree.
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Why would this benefit multinational companies? They benefit by playing states off one another for tax deals, lighter regulations and government grants. A global government would end this.