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Proctor And Gamble Vs Free Will

1243 Words5 Pages

Ten conglomerates dominate the manufacture of everything that the world buys (almost), from products to, live food to jeans, according to a published diagram social news site business insider titled The Illusion of Choice (the illusion of free will). The chart shows the "food chain" of the world and makes it clear that all roads lead to these corporations. Figure 1- http://www.businessinsider.com/these-10-corporations-control-almost-everything-you-buy, 2012/04 We all know the names of the corporations but surprising to discover which products belong to them or what term impact. Some of the companies are subsidiaries, some are partially owned and some are members of one of the corporations. For example, Procter & Gamble (Proctor & Gamble) …show more content…

Among other things, holds maker Nestle L'Oreal hair care products, baby food manufacturer, Gerber, fashion brand, Diesel and pet food manufacturers Purina and Friskyz. Even Unilever (Unilever) serves 2 billion people around the world holds beneath a vast network of companies - from ear sticks maker to peanut butter maker. But it's not just consumer goods but also to other products. For example, 90% of the global media never controlled by six media companies; 37 US banks merged into four Corporate Banking: Tuesday, JP Morgan Chase, Bank of America, Wells Fargo and Citigroup and 10 leading US financial institutions hold 54% of the country's financial assets. International American conglomerates have increased the number of their jobs overseas while continuing to cut jobs in the US home market, which has sparked renewed debate about the negative effects of globalization on the US economy - according to figures released by the US Commerce …show more content…

According to the report, the sharp increase in numbers indicates the growing importance of emerging markets, particularly in Asia, traditional American companies such as Caterpillar, Microsoft, Wall -mart and General Electric. These figures are considered to be undermining the recovery process in the US labor market, which still suffers from high and low salaries. Indeed, the data show that in 2009, which is considered in a recession and falling profits, multinational corporations have cut 1.2 million jobs (5.3% of the workforce) in the USA compared to 100 thousand (1.5% of the work) abroad. The companies themselves range from refusing to respond to the data (such as Oracle) or making excuses for the situation. In recent decades, the world goes through powerful process known as globalization. These processes have an impact on the economy, society, communities, culture and customs, and the daily life of the residents of all

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