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- It creates tax havens by allowing corps to claim profits in the country of their choosing. (see Apple Inc.)
- It forces workers in developed countries to compete with workers in countries that don't have adequate human rights/pay. (see Walmart)
- It wreaks havoc on the environment by overproduction and shipping.
- People in underdeveloped countries pay the price for pollution created in developed countries.
- Corporations become huge very quickly and end up having massive influence in politics of several countries.
- Countries ultimately lose their sovereignty to the shareholders of these mega-corps.
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- It creates tax havens by allowing corps to claim profits in the country of their choosing. (see Apple Inc.)
- It forces workers in developed countries to compete with workers in countries that don't have adequate human rights/pay. (see Walmart)
- It wreaks havoc on the environment by overproduction and shipping.
- People in underdeveloped countries pay the price for pollution created in developed countries.
- Corporations become huge very quickly and end up having massive influence in politics of several countries.
- Countries ultimately lose their sovereignty to the shareholders of these mega-corps.