ABSTRACT

What bolsters the Third World's case for compensation is the consideration that this destruction of life, expropriation of resources and the returns on investments in production and trade guaranteed by military force can also in large measure be held responsible for the present affluence of the developed world. The basis of the abstraction of the Third World country is the isolation of a number of sectors of economic activity in which subsidiaries of transnational corporations are likely to be operating. These sectors may be categorized as a plantation-agriculture sector; a mineral-export sector; a public utilities sector; and a domestic manufacturing sector. In all cases, the concessions sought by the transnational corporations with regard to fiscal and exchange burden and provision of services are not likely to be consistent with the motives for which Third World governments seek full or part nationalization.