Capital mobility is ability of a company to move their private funds across state lines and national boundaries seeking higher returns. Globalization, in the context of this essay, is defined as the process by which a company wants to expand to operated across international lines in pursuit of diminished government restrictions, free trade, and cheap foreign labor markets. Today, globalization and capital mobility are viewed as starting to flourish in the growing national and global economy. But, the roots of current globalization and capital mobility issues have stemmed from industrious American companies throughout the 20th century. Companies in the early 20th century began their journey in search of durable, cheap, and abundant sources of labor to maximize productivity and profits. Jefferson …show more content…
RCA was a leader in manufacturing radios and other electrical consumer products such as television sets. The electrical consumer industry in the 20th century contained intense competition, this drove companies like RCA to always look for an edge over their opponent in productivity and profit maximizing. RCA began as a, “government supported monopoly financed by the biggest names in the electric industry”(13). The American government encouraged the monopolistic industry of private electrical corporations so they would create a solid and extensive wireless communication system within America. After the Great Depression, Congress started to target the lack of government control of major corporations. Congress, “forced powerful GE and Westinghouse to divest