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.
A special edition of the 'Latin America in Movement' magazine discusses the international call to action towards building together a global campaign to dismantle corporate power and impose binding obligations on transnational corporations at the global level. Compiled by America Latina en Movimiento.
The corporate cabal behind a new trade agreement including Cargill,
Pfizer, Nike and WalMart, has done an exceptional job of maintaining an
almost total lack of transparency as they literally design the future we
will all inhabit, writes Laurel Sutherlin.
The business community must face up the need for sustainable thinking, perceive its enormous
power to alter the outcome, and become aware of the profits which will be lost and the far greater ones
that will be gained by providing the will and “can do” attitude to tackle our human dilemmas. By Sam Yau and Rinaldo Brutoco.
Here are five
strategic features and an additional five trends that are golden
opportunities for business as we begin to redesign our life-critical
systems in ways that create enterprises which are far more conscious of
society’s actual needs. By Richard Hames.
A study investigates the world's '1 percent' power elite, examines the extent to which they operate in unison for
their own private gains, and analyses how they enforce policies for their own interest through global networks of centralised power. By Peter Phillips and Kimberly Soeiro.
As the United Nations
Conference on Environment and Development (UNCED) turns 20, there are
real concerns about the increasing influence of major corporations and
business lobby groups within the UN. A report by Friends of the Earth International.
It is urgent to create binding rules for transnational corporations, for it is a question of the sovereignty of states and the right of people to decide their future. This process can only be resumed with the mobilization of engaged citizens worldwide, write Alejandro Teitelbaum and Melik Özden.