Multinational Companies

Essay by EssaySwap ContributorUniversity, Bachelor's February 2008

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Multinational Companies: Out for Profit Without Regard for Life                 What a company usually wants for its business is for it to be an successful establishment and to make an abundance of profit. Some businesses do not pose any concern on what they have to do to make this profit as long as it done. Multinational companies are firms with their home base in one country and operations in many other nations. (Molyeux, 133). Most of these very immense firms establish in third word countries were they can manufacture the same identical product for very low costs compared to establishing the same firm in the western Countries producing that product. Most of these multinational companies are heartless and treat workers as slaves giving them diminutive wages for their work. The lifeboat ethics concept is the best way to describe these heartless firms. The concept of Lifeboat Ethics is fairly lucid.

It is based upon choosing who lives, and who departs. Environmentalists argue that no single being or institution has the right to extinguish, waste, or use more than a fair share of its resources (Psychology Today, 54). Obviously, this is not happening. The philosophy of Lifeboat Ethics sees each wealthy nation as a lifeboat full of rich people. In the ocean outside the lifeboat are the less fortunate citizens of the world swimming around the lifeboat wanting to get in, or at least wanting to share some of the wealth with the well off. What should the rich do? In the heart of all of this are the multinational companies that practically control every developing country in the world. These companies have a very significant impact on who lives and who dies, and at the same time, they have a grim grip on the needy nations of the world all...