Silent Surrender: The Multinational Corporation in Canada

Robert W. Sexty is a professor of commerce and business administration
at Memorial University of Newfoundland and the author of Canadian
Business: Issues and Stakeholders.

This is a reissue of a book that was highly influential back in the
1970s, discussing as it did widely accepted economic nationalist
policies relating to foreign ownership, the multinational corporation,
the branch-plant economy, Crown corporations, and national sovereignty.
Except for a new introduction by the author and a new foreword by Mel
Watkins, the text is unchanged.

The reissue is unlikely be have any influence today, but it does remind
us how far Canadian economic and political policies have advanced.
Society is no longer as concerned about American domination or the
silent takeover of Canadian corporations. Today, fans of the 1970s book
are no doubt more interested in globalization and the related issues of
deregulation, privatization, liberalization, free trade, and governance.

As a historical document reflecting a time when political economists
feared the multinational corporation, Silent Surrender has a certain
nostalgic appeal. However, readers seeking relevance are advised to move
on to the new stories being told by dozens of recently published books
on the pros and cons of globalization.