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Index Entry
World Corporations:
“World corporations’ ownership shares are so worldwide in distribution pattern that soon all big corporations will no longer be known by prefixes, such as American, German or English. They will be known simply as world corporations. … While this hatching of a World breed of chickens out of nationally laid eggs is an economic trend as yet popularly undiscernible, it is unquestionably one of the most important of present world history’s developments. Corporations need no passport. They do not need to give up one brand of citizenship to take up another… Many had thought that the development of ‘world man’ would be a uniquely political phenomenon. I do not think so. I think that the phasing out of all sovereignties and emergence of a one world society and its governing system will come about uniquely through the economic development of world industrialization economic systems-- i.e., world corporations. The latter inanimate legal entities will ultimately require world passports for their personnel. ‘World’ citizenry will finally be recognized politically after a majority of humanity become involved in the world-around industrial activity as consumers and share-owners, physical workers having been progressively displaced by automation.”
