ABSTRACT

Multinational corporate sovereignty, overrides and overshadows mere national sovereignty, wherever and whenever it chooses. Multinational corporation, in fact, acts more like colonialism's monarchy than Business Week magazine's Christian-spirited capitalism. In popular free trade mythology, there is a lot of jargon about a so-called new international division of labor, spurred by comparative advantage and the new technology. The economic and social clause requires a civilized and decent code of conduct and behavior on the part of the corporate animus. The major corporate strategies are easily discerned: the internationalization of investment and production, the introduction of new technology into the production process, and the use of marketing theory in product design and reducing manufacturing cost. The net effect of these strategies on American autoworkers is greater unemployment and pressure to make economic and non-economic concessions. The internationalization of product design and engineering is a natural outgrowth of Ford's world car strategy.