The purpose of this article is to sketch in a rather cursory manner first, the most fundamental and basic claims underlying the current efforts to establish a New International Economic Order (NIEO), second, the critical role of transnational corporations in the global wealth process which is perceived as either directly or indirectly affecting the realization of those claims, and third, to point out the subtle but pervasive influence of legal concepts, doctrines, and the practice of classical international law, viewed by the claimants as contributing to the status quo, and consequently a major impediment to the realization of those claims.



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