You have also to take into account their capacity of ruling the areas
they are using for their own production, like for instance, oil company in Africa.
We have also to consider their capacity of shaping public policies,
transforming international and global public policies.
But I would like to stress on one aspect, which is probably the most surprising one.
That's to say, the capacity of multinational corporation
of treating as equal partners with sovereign state for
sentencing, and also ordering them to pay in case of investment disputes.
Let's consider the famous institution,
which means international center for the settlement of investment dispute.
This institution, which deepens on the World Bank,
is equally composed of states,
sovereign states, and multinational firms.
And multinational firms are able to
defeat states in very famous cases.
I will give you some examples.
First one, The Tobacco Company, made Uruguay,
the state of Uruguay sentence to fine and pay damage,
when the Uruguayan government decided to restrict tobacco consumption,
a multinational corporation who defeat a state in its Sovereign decision.
Another example is after the famous,
well-known Argentinian collapse in 2001,
2002, 29 cases against Argentine,
were registered by foreign investors who
complained of damage caused by the economic
measures adopted by the Argentinian government.
That's to say in our global world now,
the distinction between private and
public actors is blurring.