Citizens of Nowhere

Over the past few weeks, the media have given us a welcome break from the all the drama in the White House. Suddenly there was something more interesting, and perhaps more important to talk about. On February 17, Kraft Heinz made a $143 billion takeover bid for Unilever. While possible takeovers of this size have an obvious economic impact, they increasingly trigger political responses as well. The reason is that governments are skeptical about the intentions of large foreign investment firms, these so-called ‘citizens of nowhere’. This skepticism is completely understandable, as it lies at the root of populist revolts around the world.

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