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Stiglitz Hits Multinational Corporate Power
The power of the multinationals is enormous, Stiglitz said...“And they use that power to get special treatment,” he said. “They try sometimes to make sure that environmental and health regulations are not enforced...“Companies know they can escape across the border,” Stiglitz said. Case in point – Union Carbide India [now part of Dow Chemical]...“Thousands of people died in Bhopal and yet no one is held accountable for this disaster.”