The multinational corporation : its effects on the American labor force

UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
Joseph Edward Chappell (Creator)
The University of North Carolina at Greensboro (UNCG )
Web Site:
Thomas Leary

Abstract: With the advent of the 1970's a new development arose upon the international economic scene, that of the American multinational corporation. In the wake of this development numerous economic effects with respect to employment, income, and labor standards resulted. These effects have had and will continue to have a profound impact upon the American labor force. It was the purpose of this thesis to investigate the operations of this new corporate concept with a thorough exploration of its effects upon American labor. It was hypothesized that unemployment could result from the outflows of capital and technology by multi-nationals . The procedures employed were two: An intensive investigation of the recent literature on labor and international economics was made: Similarly, current statistical data were gathered. However, no complex statistical correlations were utilized. Presentation of both organized labor's and the corporation's arguments was made. An objective viewpoint was then attempted by the writer. Due to the unavailability of relevant data on this phenomenon, the results of this study were necessarily inconclusive. Conditionally, it was concluded that unemployment was likely to be felt in the American labor force when direct multinational investment was permitted. Nevertheless, these effects might be mitigated as income from this investment flowed back to the American economy. Enough information was presented, however, to suggest that American labor standards and wage conditions must become, the international norm in order to counteract any such effects. Protectionist proposals, as embodied in the pending Burke-Hartke Act, were rejected as less desirable.

Additional Information

Language: English
Date: 1972
International business enterprises $z United States
Labor policy $z United States
International economic relations
United States $x Economic conditions

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