TRANSNATIONAL CORPORATIONS AND THE ELISION OF NATIONAL LEGAL SYSTEMS: ARE THE STATES PEONS OF THE GLOBAL GAME?
DOI:
https://doi.org/10.5585/rtj.v6i3.592Keywords:
Transnational corporations. Legal Systems. Globalization.Abstract
The article aims to analyze the elision of national legal systems caused by transnational corporations at the globalized international system. The research contextualizes the formation of modern society, as a society "among States", also investigating the impact of the globalization as a phenomenon in international society formation, as a society "among actors." Moreover, this article studies transnational corporations as actors in this new society and their role in the matched elision of legal systems. The conclusion is that transnational corporations, as powerful actors in international society, as following their purely economic rationality looking for greater profits and lower tax, environmental and social costs, are systematically taking advantage of inconsistencies of national legal systems in its economic activities.