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Multinational corporations have the potential to play a positive role in society, but in my
opinion, the majority of them are failing to do so.
First of all, multinationals should be bringing great benefits to consumers. They could
potentially help economies by providing people with reasonably priced, high- quality goods by
means of economies of scale and adherence to international quality standards. Instead,
however, multinationals often create monopolies and drive smaller local competitors out of
business. This hurts consumers by keeping prices high and limiting the selection of available
products.
Another failure is in the area of human rights. Multinationals could be promoting human
rights by ensuring that their suppliers and business partners treat their
workers properly. Instead, however, multinationals are often accused of failing to pay
living wages and condoning child labor.
Most multinationals are also failing society in terms of the environment. Instead of using
resources wisely so they will be available to future generations, these companies are using them
in a nonsustainable fashion and creating pollution due to their shortsighted desire for profit.
When enough people get angry about monopolies, human rights violations, and poor
environmental practices, perhaps multinational corporations will change their ways. Until that
time, however, claims that they are benefiting society must be viewed skeptically.

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Part No. 2
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