It is really more complex than my images for globalization blobbalization. Think of MNCs as originally parts of these circles, but they spread into all other national geographic boundaries:
Vernon discussed it, the 'spread' of MNCs, at the outset of Sovereignty At Bay, p 5.
"....They sprawl across national boundaries...."
The very size and number of such entities was only made possible by weak and fragmented neoliberal Western nation states.
Although a relatively few natural resource firms had been very large, notably oil companies,
the real heyday came only after WW II, with the loosening of controls.
The world is our oyster; when in Rome do as the Romans.
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