Multinational Corporations are the main actors driving economic globalisation which thrives when market forces are de-regulated, allowing essential goods and services to be allocated by commercial activity, not human need. The result is a world economy that favours affluent countries and their corporate interests whilst neglecting those living in extreme poverty who the market fails to reach.
The push for more trade to solve the food price crisis is actually aimed at bringing more
profits for a handful of multinational corporations rather than providing food to hungry millions, says Devinder Sharma.
Huge areas of the Amazon rainforest are being cut down to satisfy
global demand for soya. But how did this crop and a handful of others
come to dominate our diet so completely? In an extract from her new
book, Felicity Lawrence investigates the faceless trading giants who
really decide what goes on our plates.
Monopoly control of crop genes is a bad idea under any
circumstances - but in the midst of a global food crisis with climate
change looming, such control is unacceptable.
Philip Morris International today starts business as an independent company, no longer affiliated with Philip Morris USA or the parent company, Altria. Philip Morris USA will sell Marlboro and other cigarettes in the United States. Philip Morris International will trample over the rest of the world.
Sickly and malnourished, Kirana Kapito began his working life on a large commercial tobacco estate in Malawi's northern region. The farms sell their produce on the country's auction floors directly to international corporations including Limbe Leaf Tobacco, majority owned by the Swiss-registered Continental Tobacco Company and U.S.-based Alliance One Tobacco.