these dynamics has given rise to what we might refer to as a 'global neoliberal era
Even in the contemporary period, with the challenge of first japanese, german and other european corporations and,more recently,korean and now chinese and indian ones, it has been the US that has continued to be home to nearly 30 percent (in 2010) of world's largest corporation. furthermore, it has been predominantly US corporations,sometimes with the help of the US military, that have driven ICT innovation in first hardware and subsequently software, from fairchild semiconductor and the origins of silicon valley in the 1950s,through to apple, microsoft, google and beyond, today.