One assumption drives the idea of global complexity compounded by instability: that global corporations are "the important "actors' in world affairs nowadays" (Kennedy, 1993, p. 123). In other words, corporate decisions, which can be implemented with relative speed and in ways that are impossible for bureaucratic nation states, are driving or influencing national political policies to some degree. However, even in the case of Japan, which has a history of intermingling corporate and national interests in the postwar period, which evidences a persistent stream of ethnocentrism, and which Kennedy believes is better prepared to meet the technology demands of the future than the other major industrial economies of the world, the impulse toward Japanization of the international economy has more to do with the corporate impulse toward global market share than with a new brand of Japanese nation-state imperialism. Meanwhile, such factors as 24-hour-a-day securities trading and international telecommunications are effectively out of nation-state control and by their nature in the hands of those who control the technology--chiefly multinational corporations in industrial nations. Yet nation-states and individuals within them have a stake in the decisions made at the global-corporate level.
The logic of the global marketplace pays no attention to where a product is made, but defense planners--in keeping with traditional national security thinking--are more concerned. Is it not vital, they argue, for a country to maintain its own electronics and computer industry, to preserve shipping and aerospace, to be able to produce its own software for both military and nonmilitary purposes? (Kennedy, 1993, p. 128).
This argues the potential for future international political instability, even though, except in the view of extremist nationalist-mercantilist writings, corporate interests may not directly influence a political decision for war. But...
Kennedy's View of the Twenty-First Century. (2000, January 01). In LotsofEssays.com. Retrieved 14:01, August 30, 2015, from http://www.collegetermpapers.com/viewpaper/1303767128.html