Volume 22, Number 4 · March 20, 1975
None of Your Business
By Robert L. Heilbroner
Global Reach: The Power of the Multinational Corporations
by Richard J. Barnet, by Ronald E. Müller
Simon and Schuster, 508 pp., $11.95
The Maturing of Multinational Enterprise: American Business Abroad from 1914 to 1970
by Myra Wilkins
Harvard University Press, 590 pp., $22.00
America After Nixon: The Age of the Multinationals
by Robert Scheer
McGraw-Hill, 326 pp., $3.95 (paper)
Capital, Inflation, and the Multinationals
by Charles Levinson
Macmillan, 306 pp., $7.95
The term 'multinational corporation' has become familiar only recently. Writing in these pages just five years ago, I felt obliged to explain that the multinationals were not merely giant corporations that did a world-wide export business, but giants whose manufacturing or servicing facilities were located around the globe, so that Pepsi-Cola, to take an example, could be bought in Mexico or the Philippines (or another 100-odd countries) not because the drink was turned out in America and then shipped abroad, but because it was produced and bottled in the country where it was consumed.
Review, 4010 words
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