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The Traditional Mutual Prejudice

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Part of the book series: Trade Policy Research Centre ((TPRC))

Abstract

One would hardly expect the multinational corporations1 to entertain much goodwill and trust towards communism in general and the Socialist countries2 in particular. Communism, after all, basically stands for almost everything that the corporations dread — state intervention, nationalization, workers’ control, left-wing militancy and subversion. Although the corporations have wielded a good deal of power in the capitalist world, they have often proved powerless when confronted with the Socialist countries. Moreover many multinationals fell victim to Socialist policies and practices and the history of these grievances goes back to the Bolshevik Revolution in 1917.

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Notes

  1. D. J. Dallin, Soviet Espionage, New Haven, Yale U.P., 1955, pp. 105–7, 369, 432, 452; Canberra Times, 1/11/1974, p. 7 and 17/1/1975, p. 4.

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© 1976 J. Wilczynski

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Wilczynski, J. (1976). The Traditional Mutual Prejudice. In: The Multinationals and East-West Relations. Trade Policy Research Centre. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-02600-5_1

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