Inter-Capitalist Rivalries and Political Rebellion against the US Multinational Corporate Elite

‘Large-scale political and economic challenges are confronting the US multi-national corporate elite. Apple, Google, Facebook, Microsoft, Pfizer and scores of other multinational tax evaders are facing the triple threat of multi-billion dollar fines, the redistribution of their wealth and the possible reintroduction of equitable socio-economic programs, which could undermine their power.
Washington-backed exporters and financiers, eager to impose free trade agreements on European and Asian business classes, have been faced with stiff resistance and outright rejection.
In Latin America, the Obama administration recently installed neo-liberal regimes in Argentina and Brazil, provoking massive opposition from small and medium sized firms driven into bankruptcy by their harsh policies.’
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