Control by TNC's

Doug Henwood dhenwood at
Sun Jul 12 11:58:21 PDT 1998

Chris Burford wrote:

>>The TNCís of the major powers, ( USA EU, etc,) produce 30% of the world
>>goods, 70% of world trade, and 80% of world investments. These same TNCís
>>direct their investments to 12 specially favored developing countries and
>>not to the 48 poorest ones
>This statement about the "transnationals" was sent to me in a private post.
>Is it broadly true?

Yeah, looks broadly true, without fact-checking the numbers. There are thousands of TNCs, don't forget, though.


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