Is National Sovereignty Eroding Against Corporate Power?
Nation-states have always been the primary actors in international relations, but their power is eroding as multinational corporations and global financial networks increasingly dictate policy outcomes. A recent UN report showed that corporate lobbying now outspends national diplomatic budgets in several G20 countries, and I've seen this play out in trade negotiations where public interest takes a backseat. Can sovereignty truly hold when a CEO's decision can move more capital overnight than a central bank's annual stimulus?