When Peter Munk, CEO of Horsham Corp., praised former Chilean dictator Augusto Pinochet at one of the comapzny's sharholders' meeting he was being uncharacteristically candid. Most corporate leaders share his admiration for Pinochet and other despots, but refrain from admitting it in Public.

Their afection for tyrants is more than professional courtesy. It's natural that, being autocarts themselves, CEOs would approve ot their political couterparts-and envy their ability to crush all opposition. Not of course,being concerned mainly with maximizing their profits, their affinity with Pinochet and his ilk is tied direclty to the bottom line.

Dicatators tend to be very accommodating with tranational corparations. They will give them cheap labour, low or no taxes, exemption from minimum employment, health and safety, and environmental standrds, and if necessary armed protection from peasant uprisings. All of which translate into massive profits.

As Munk pointed out, Pinochet turned Chile into "the highest profit-per-capita country in the world." It  is no coincidence  that it also remained a low income per capita nation. Under dictatorial regimes high corporate profits go hand in hand with underpaid ind indigent workers.

The TNCs are so delighted with Third World governemts which govern solely on their behalf that they want to do away with democracy everywhere. They can't openly install dictors in western countries-at least, not yet-so they have devised an engenious strategy for Third World condition and politcal system in countries they find easy to subvert.

All they had to do to suppress domocracy was to gain control of the major parties. This was done by infiltrating them, making them dependent on corporate funding, promising their leaders lucrative executive posts when they left politics, or threatening them with an induced economic and financial crises if they refused to adopt the corporate agenda. With the Republicans, Democrats all at their mercy, they had the equivalent of a pro-TNC dictatorship, since , no matter what party "won" an election, the only real winners would be Big Business.