I think that Adam Smith would be more supportive of globalization of multinational corporations since his major work, the Wealth of Nations dealt with the workings of the capitalist system and supported it. I think that Karl Marx would be strongly opposed to the control that the multi-nationals have over their neo-colonies but at the same time would applaud the way that globalization has developed solidarity between the working class of the different countries such as between the major capitalist countries and the so-called Third World countries.
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President Reagan would MOST LIKELY agree that government regulations hinder economic growth and that he is in favor of reducing the number of federal government regulations to boost the US economy.
As the conservative Republican he was, US President Ronald Reagan was against government regulations that represented a burden for the US businessman and corporate America. What President Reagan wanted to do was to promote American businesses that helped improved the American economy.
Constitutional principle of rule of law dictates that all individuals, institutions and organizations (whether its privately held or publicly held), Even the State itself, are accountable to laws. No matter what ethnicity or social status that a person has, that person need to face equal treatment of the law like any others. 5.0
