These mergers are taking place, while Medicaid and Medicare are under attack. This makes them so big and powerful, with so much capital at their command, that they just keep gobbling up whole industries and plundering economies all around the world. This is creating difficult problems and worsening conditions for the working class and trade unions worldwide. Labor needs a new set of tactics and a new level of militancy to fight back. For example, U.S. workers and their unions must support and help organize against the criminal sweatshops and horrendous child labor practices in other countries.
Capital flows wherever it can make bigger profits.
Transnationals maximize their profits by moving their plants to other regions where they can double their surplus value. They will continue doing this until the labor movement around the world unites to fight it. We need international working class solidarity as never before. We can't begin to solve world problems like steel imports, transfer of plants, etc., without international cooperation and coordination. For example, we can't conduct an effective boycott aganst a multinational unless we have the solidarity of unions around the world.