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Peter F. Drucker

“The multinational is a problem precisely because its decisions are based on economic rationality and divorced from political sovereignty. There is no solution. The multinational is a political problem not because of anything it does or does not do. It is a problem because political sovereignty and economic reality no longer coincide. It does the multinational no good to protest that it and each of its subsidiaries are “good corporate citizens” of the country in which each operates. Of course, it and each of its subsidiaries observe the laws—at least to the same extent to which the country’s nationals observe it. But if the phrase is meant to imply—as it usually does—that the multinational in every country in which it operates thinks and acts in terms of that country’s national economy and market, it is nonsense. To do so would deny the whole logic of the multinational corporation, which is to optimize resources within the world market reality.”

Peter F. Drucker, Management: Tasks, Responsibilities, Practices
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Management: Tasks, Responsibilities, Practices Management: Tasks, Responsibilities, Practices by Peter F. Drucker
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