Monday, April 23, 2007

Is domestic capitalist ownership better?

What is the difference between foreign ownership of means of production or domestic ownership. We hear from time to time moans and groans about how the whole Canadian ownership of corporations is being disappeared. Most of the large Canadian companies have already been gobbled up by foreign owned companies from American to even Chinese. But I don’t see why the hype. Capitalists are capitalists. They are there to make as much profit as possible and to exploit the wage earners. Why should we think that a domestic exploiter is better than a foreign one and will exploit us less? They are all alike. The problem is not in who owns our corporations, but the whole system of capitalism.

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