"The corporations benefiting from this regime often had no physical home of their own, even in their country of origin—and not a few American corporations had moved their official address to … pseudo nations, where the banking and tax laws were more agreeable. The corporations had no allegiance to any… place or the people of that place, so the destruction they wreaked was as manifest in the ravaged towns of Ohio and upstate New York as in the environmental degradation of China. America was hardly immune to the consequences of free-market globalism. In effect, the American heartland was overtaken by a new… corporate colonialism, emanating from our own culture, but no less destructive than the imposition of foreign rule."
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Chapter 6, pp. 188–189.
https://en.wikiquote.org/wiki/The_Long_Emergency
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The Long Emergency
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