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Less Darkness at Noon

industrialists frequently court political leaders. Premier Chaban-Delmas, while fighting an awkward election at Bordeaux, gratefully announced that Ford would open a plant there, quite in defiance of industrial logic: and IBM is careful to mollify governments by ensuring that imports and exports by their subsidiaries in various countries are kept in rough balance. Finally, there is always the danger (succumbed to in many analyses) that the potential powers of multinationals are confused with the actual exercises of those powers. What such analyses ignore are the several functions the nation-state plays for the individual other than as an economic decision-making unit, and also the impossible non-dependence of political structures in the face of economic forces.