This paper investigates the effects of multinational corporations on labor standards. We argue that the previous literature has failed to distinguish the different motives that encourage firms to become multinational. Therefore, we build a stylized model of segmented labor markets with...

The "selling" of the American economy -- The invisible worker -- Foreign capital -- Not in my backyard -- Not in Washington's backyard, either -- Foreign owners, American management -- The welcome mat -- The race between the states -- View from the top -- The new face of the American economy