Nike, General motors and a bunch of other Transnationals already have turnovers far far above the GDP of some LEDCs.
It's a well established fact that these transnationals can push the LEDC governments to change legislation in thier favour, with the threat of simply moving business elsewhere for a lower production cost. But remember, it's the governments of these LEDCs that have the final say, just allowing the scaremongers at the transnationals to trick them. Your theory that no government would have it in thier power to stop them is proposterous. Even at the very worst, they could simply become isolationist and nationalise all foreign owned business, a la Fidel Castro.
But think about it, suppose Nike didn't like the deal it was getting in Thailand, and moved production to somewhere else (been done before). Would the people of these countries feel better then, with no income at all? I think not.
The benefits of capitalism still outweigh the negatives. Communist governments have never contributed anything to the world except genocide and games of economic catchup.
=Communism does not benefit the human race.
13π 38π
The start of a bloody revolution in France, a period where many thousands died in paranoid France. This period also saw France's aristocracy takes thier money elsewhere, making the country poor and weak. Bastille day marks the beggining of one of the worst perods of France's history.
Why don't the froggies celebrate October the 19th (1453- end of the hundred years' war) or the 7th of January (1558- liberation of calais- the actual end of the hundred years war) as a national holiday.
9π 16π
(n.) An atheist who is more on the agenda of denouncing religion, starting with the largest part of christianity- catholicism.
The people who defined god, religion and bible.
17π 34π
(v.) The act of taking pictures of an extra-marital affair with a cameraphone, and showing the snapshots to the partner whilst repeating 'hello moto' in a japanese accent.
I personally enjoy smashing mobile phones with mallets stolen from the house at the other end of the road (teach him to leave his garages and tool shed open when he goes out).
38π 83π
The opposite of a bull market. A bear market is where people expect thier investments to decrease in value, and hence shares go for less than the value at which they were bought.
In 18th and 19th century britain, there were several bear markets lasting as long as 20 years each.
53π 13π
"Facts" pulled out of someone's ass. Usually not the author/speaker, but the one who relayed the facts to them.
These facts are in actual fact half-truths and whole lies. Probably pulled down from some .org website or biased news channel.
Religious, political and national definitions on this site constitute many assfacts.
11π 3π
One who mocks disco music and the culture surrounding it. Not quite to the same extent as the "Disco sucks" mob.
28π 15π