{"id":15,"date":"2009-05-02T14:33:51","date_gmt":"2009-05-02T14:33:51","guid":{"rendered":"http:\/\/blog.beliefnet.com\/onecity\/2009\/05\/the-interdependence-of-corporations.html"},"modified":"2009-05-02T14:33:51","modified_gmt":"2009-05-02T14:33:51","slug":"the-interdependence-of-corporations","status":"publish","type":"post","link":"https:\/\/www.beliefnet.com\/columnists\/onecity\/2009\/05\/the-interdependence-of-corporations.html","title":{"rendered":"The Interdependence of Corporations"},"content":{"rendered":"

Matthew Yglesias<\/a> is one of my favorite bloggers, a sharp wit, and a dyed-in-the-wool progressive. He has a great post (via Tyler Cowen) about how our notions of corporate nationality<\/a> (i.e., Apple is an essentially\u00a0American<\/span>\u00a0company, even though very little of its product is manufactured in America) don’t jive with the global, interdependent reality of capitalism. He points out:<\/p>\n

<\/div>\n

“…not only do Toyota and Honda manufacture cars in the United States, but these are publicly traded firms. Americans can–and do–own shares in both firms, and could own more if we wanted to. Conversely, an “American” company like Apple actually does very little production in the United States.\u00a0Nestle<\/a>\u00a0is “Swiss” but it’s a giant multinational corporation and Switzerland is a small country so the vast majority of its operations are elsewhere.”<\/span><\/p><\/blockquote>\n

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<\/div>\n
He concludes:<\/div>\n
<\/div>\n<\/div>\n

“Corporate nationality, in other words, doesn’t matter. But it seems as if it actually does. And for somewhat mysterious reasons.”<\/span><\/p><\/blockquote>\n

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Check out the whole post. With the global economy experiencing it’s own bout of ungulate fever<\/a> and Fiat set to acquire Chrysler, this strikes me as a good time to think about the interdependent nature of our choices as consumers and investors.\u00a0<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Matthew Yglesias is one of my favorite bloggers, a sharp wit, and a dyed-in-the-wool progressive. He has a great post (via Tyler Cowen) about how our notions of corporate nationality (i.e., Apple is an essentially\u00a0American\u00a0company, even though very little of its product is manufactured in America) don’t jive with the global, interdependent reality of capitalism.…<\/p>\n","protected":false},"author":184,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-15","post","type-post","status-publish","format-standard","hentry","category-interdependent-activism-politics"],"yoast_head":"\nThe Interdependence of Corporations - One City<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.beliefnet.com\/columnists\/onecity\/2009\/05\/the-interdependence-of-corporations.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Interdependence of Corporations - One City\" \/>\n<meta property=\"og:description\" content=\"Matthew Yglesias is one of my favorite bloggers, a sharp wit, and a dyed-in-the-wool progressive. He has a great post (via Tyler Cowen) about how our notions of corporate nationality (i.e., Apple is an essentially\u00a0American\u00a0company, even though very little of its product is manufactured in America) don’t jive with the global, interdependent reality of capitalism.…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.beliefnet.com\/columnists\/onecity\/2009\/05\/the-interdependence-of-corporations.html\" \/>\n<meta property=\"og:site_name\" content=\"One City\" \/>\n<meta property=\"article:published_time\" content=\"2009-05-02T14:33:51+00:00\" \/>\n<meta name=\"author\" content=\"Stillman Brown\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Interdependence of Corporations - One City","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.beliefnet.com\/columnists\/onecity\/2009\/05\/the-interdependence-of-corporations.html","og_locale":"en_US","og_type":"article","og_title":"The Interdependence of Corporations - One City","og_description":"Matthew Yglesias is one of my favorite bloggers, a sharp wit, and a dyed-in-the-wool progressive. 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