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The more worrying feature of the new global corporate structures is their capacity to devastate national labour markets by transferring their operations to cheaper locations overseas.
Fredric Jameson
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If most American cities are about the consumption of culture, Los Angeles and New York are about the production of culture - not only national culture but global culture.
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Managerial discretion can take many forms, some very subtle. Individual managers may run slack operations; they may pursue subgoals that are at variance with corporate purposes; they can engage in self-dealing.
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As we realise that more and more things have global impact, I think we're going to get people increasingly wanting to get away from a purely national interest.
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