|George Bush and Tony Blair.|
The so-called “multinational” corporations based in the Western financial districts make profits from the consumer markets all over the world and pay a share of those profits to their respective governments as bribes in the form of taxes. Every balance of trade deficit due to the lack of strong manufacturing base makes the developing nations poorer, and every balance of trade surplus further adds to the already immense fortune of the developed world.
A single large multinational corporation owns more assets than the total GDP of many developing nations. Without this neocolonial system of exploitation the whole edifice of supposedly “meritocratic” capitalism will fall flat on its face; and the myth of individual incentive would get busted beyond repair, because it only means incentive for the pike and not for the minnows.