| >> we also don't seem to care that behemoth US companies exert their influence over other countries In the case of United Fruit fomenting military coups all over LatAm, I agree. But in this case we're simply exporting our values through soft power, money and influence. I don't see a problem with it. Some countries outright ban our social media and films - many like Iran or China citing American corporate support for gay rights (which for most conservative dictatorships is a convenient way to redirect popular anger toward an outgroup and to clamp down on free speech). American values as relate to what you can say and who you can love are better[0] than the values of countries which dictate who can sleep with and arrest people in their beds (e.g. Malaysia). I'm glad our corporations uphold our values overseas. What is particularly offensive is when they don't, when they cave in to the whims of totalitarian governments, e.g. Disney and the NBA kowtowing to China. Would it be bad if our corporations were going into free democracies and spreading values that align with dictatorship and the abrogation of freedoms? Yes. That's what Chinese companies are doing here. Good for Goldman, and all other US companies that put pressure on countries they do business with to uphold universal human rights. [0] I don't just mean morally better, although I do believe in universal rights and ethics. I mean that American-style personal liberty has outcompeted other systems in the marketplace of ideas, in economics and development, and is a more fit model for generating broad societal wealth than totalitarianism is. This explains why it's both utilitarian for Goldman to support LGBTQ rights, and for Singapore to agree to those terms from foreign companies. |
What if that shoe was on the other foot?
If people would not trade with USA because of racism?
If people would not trade with USA because of treatment if indigenous peoples? (Genocide, use plain words for that one)
The treatment of poor people? Making them live in the streets.
The treatment of poor people, leaving them to die in agony of preventable diseases?
Because of representation and exploitation of sexuality in commerce? Especially of women?
The treatment of asylum seekers and refugees?
The USA is no shining light on the hill spreading goodness with soft power. It is a huge imperialistic monster spreading its tentacles and world view with a huge military. Soft power (Goldman Sachs included) is under that military umbrella.