It won't surprise you, but I have to take issue here. The logical conclusion of what you say is to jubilate at all corporate efforts to circumvent all local regulations, customs, wages, benefits, etc., by moving elsewhere (or merely threatening to move elsewhere).
While this would produce a sort of capitalist nirvana of capital being unencumbered by any local requirement, the ensuing race to the bottom in terms of regulations that ensure decent living standards, health standards, and the like (you know, the stuff that keeps horse meat out of beef products or terribly toxic lead out of petrol, or merely keeps wages in line with productivity rises so that production actually meets demand) isn't everyone's cup of tea...
That doesn't mean that in some instances, some local requirements and regulations are unhelpful and/or excessive, but I think these have to be dealt with on a case by case basis, not with sweeping generalizations.