Don Quijones — Sir James Goldsmith, An Unlikely Defender of the Common Man

“The economy is there to serve the fundamental needs of society, which are prosperity, stability and contentment… If you have a situation whereby the economy grows but you create poverty and unemployment and you destabilise society, you’re in trouble.” —Sir James Goldsmith to Charlie Rose, 1994

….. 

Goldsmith laid out in simple terms the dangers of what he saw as unfettered globalisation, warning of the perils of NAFTA, GATT and the merging of sovereign European nations into the EU. He predicted that the only possible beneficiaries of unbridled global free trade would be the major multinational corporations who would have free rein to roam the globe in pursuit of the cheapest labor: 

“The top 100 companies account for one-third of all foreign direct investment. Now, how do they operate? They’re no longer linked to the United States or to France or to Britain. They operate by farming out their production to whatever country produces most cheaply, where they can get the biggest return on capital and pay the lowest part to labour.”….

Raging Bull-Shit
Sir James Goldsmith, An Unlikely Defender of the Common Man
Don Quijones