The Normative Case Re: Global Corporations

In the two decades the context of global rebuilding of manufacturing and trade capabilities, they were
viewed primarily as agents of desired economic development, From many points of view the extent to
which wealth and income inequality appear to be increasing throughout the world suggests that in some
macro-equation the normative balance of development within which global corporations have been the
primary driving agents has a powerful long-term negative trending effect. Whatever other “global
entities” are involved in this pattern of wealth creation and distribution, global corporations stand in
the canter of the structure that establishes and distributes global wealth.The role of the state over the
past four or five decades as a vehicle for redistribution has been increasingly challenged by political
ideologies oriented around the protection of society’s primary wealth holders, a pattern evident in many
of the current crises of the Euro Zone inwhich powerful political forces seek to exempt both corporate
and individual wealth holdersfrom patterns of taxation suitable to support the “burdens” of the state
through effective taxation. Nollert provides a persuasive normative projection of a transnational world
of societal integration in which one might “expect that a coordinated world economy, where corporate
networks and a redistributive state cooperate, could enhance social integration while in a liberal world
economy transnational corporate networks could primarily integrate production processes and national
elites” The normative case for transnational corporations is situated within the ever-dynamic context of
three complex interactive global patterns that continue toframe contemporary globalization and its
possible futures: global inequality, the systematic stability and viability of the global financial system,
and climate issues—each of these in turn is related to broader patterns of human security. The
likelihood that continued global interdependence will produce outcomes favorable for the world as a
whole will depend in large part on the willingness of global corporations to embrace the importance of
these global goods and their responsibilities for them.