s it was for the officially stated purposes (pp. 426 440).
Holly Sklar (1984) held that the "locus of power of an international ruling class is the global corporation" and that this international ruling class, through the MNC, seeks to "rationalize the world economy in their interest" (p. 8). Sklar further pointed out that the "economies of most countries are dwarfed by the economic power of the largest corporations and banks" (p. 9).
It is certainly safe to state that informed opinion is widely diverse on the impact of MNCs on developing countries. A specific case is examined in the following discussion.
MNC ACTIVITY AND THE DOMINICAN REPUBLIC
For most of its history, the country known in the twentieth century as the Dominican Republic "has been a passive victim of forces from the outside" (Fagg, 1965, p. 139). The initial victims were the native peoples of the island which, in the 1980s, contains both the Dominican Republic and Haiti. The native peoples of the island were replaced by the Spanish, and by
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