Sarah Westall - Business Game Changers podcast

Globalism Is Transferring Power From Nations to Corporations | Mike Steger

0:00
55:58
Rewind 15 seconds
Fast Forward 15 seconds

See webinar replays and more at SarahWestall.Substack.com

Mike Steger of Promethean Action rejoins the Economic Review to examine the economics behind globalism and why he believes the model has become a losing proposition for the United States and ultimately for nations around the world. Steger explains how globalization shifted production, capital, and economic power across borders, hollowing out domestic industry while creating systems increasingly dependent on cheap labor and multinational corporate interests.

In today’s discussion, Sarah and Mike explore the economic incentives behind mass immigration and Steger’s argument that these policies place additional pressure on prosperous nations while failing to create the productive investment needed to lift poorer countries out of poverty. They discuss what this means for domestic industry, workers, economic independence, and the long-term stability of national economies.

Lastly, the conversation turns to the World Bank and the changing role of multinational corporations in the international system. Steger explains what he describes as corporations attaining standing comparable to nations, how this changes the traditional relationship between corporations and sovereign governments, and why it matters for national sovereignty. What happens when multinational corporations operate across borders with economic and institutional power rivaling that of entire countries—and who ultimately has the power to set the rules?

Learn more about Mike Steger and follow his work at https://PrometheanAction.com


Upcoming Webinars


Links and Offers Mentioned in the Show:


Affiliate Links Mentioned in the Show:


MUSIC CREDITS: Down to the Wire – Nonstop Producer Series: Broad Media Internet License

Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

Disclaimer: "As a journalist, I report what significant newsmakers are claiming. I do not have the resources or time to fully investigate all claims. Stories and people interviewed are selected based on relevance, listener requests, and by suggestions of those I highly respect. It is the responsibility of each viewer to evaluate the facts presented and then research each story further

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

More episodes from "Sarah Westall - Business Game Changers"