Attention Economy


Wednesday, February 1, 2017

MNCs and Big Business Need to Save the World Economy

Actual Facts (not alternate ones):
US Population: 324 million 
World Population: 7400 million 
US share of world population: 4.4% (approximately)

According to Penn World Table 9.0:
China’s Real GDP (PPP) in 2014: $17.12 trillion
US GDP (PPP) in 2014: $16.6 trillion


MNCs should make their views clear.
FT’s John Gapper notes:
“Multinational companies, agents of many economic changes in recent decades, face an existential challenge. Unlike other presidents, Mr. Trump does not want to work with them or to reform them: he wants to bring them to heel. On the campaign trail, he promised a fight for the soul of business between globalisation and nationalism, and it turns out he meant it….
the more that global companies testify to what made them — the cross-border flow of ideas and people, the global recruitment of the best and brightest, and caring less about ethnicity and nationality than entrepreneurialism and talent — the better the chance they have.”

Corporate America – Defender of American Values?
http://www.newyorker.com/news/john-cassidy/why-corporate-america-must-stand-up-to-trump