National Sovereignty vs. Economic Globalization

[Professor S]

Originally Posted by Dylflon

Are you in any way concerned about American companies coming north and buying out Canadian companies?

This seems to be happening a lot lately.

No. This does not bother me that much (only a little) for one reason:

American companies does not equal American government

A British company owned the contract for the port deal before DPW purchased it. I have no problem with this as it was a British company, and not Britain. DPW is owned by the United Arab Emirates, another sovereign nation, so in essence another country controls our ports. This I do not dig and would not like it if the United States as a nation started purchasing Canadian companies, either.

In many ways Globalization has been around for decades and even the US depression in the 30's was caused, in part, from many British companies pulling out of investments in the US. I don't think that foreign companies investing in one another is a problem, but when laws start to change to eliminate domestic competition and blur national borders, then I have an issue.

I knew NAFTA was a bad idea in the early 90's...