Multinational Corporations and Banks

  • Paul M. Sweezy
Keywords: Political Economy

Abstract

Multinational corporations (MNCs) are forms and mechanisms of imperialism, not its essence. This of course does not mean that they are unimportant. Imperialism could not exist without appropriate forms and mechanisms. In what follows we shall be discussing imperialism in the period since the Second World War, and MNCs are both products and necessary conditions of the way it has developed and its mode of operation in this stage.
Published
1978-01-01
Section
Review of the Month