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 claims that a bailout of Wall Street would mark unprecendented "American Socialism" are unfounded. Rather, the $700 billion in banking subsidies rejected by the US Congress
are as American as apple pie and obesity, argues George Monbiot.
Contemporary marketing tactics have all but
obliterated the boundaries between advertising and editorial content, and raise the twin specters of manipulation
and invasion of privacy, argue Jeff Chester and Katbryn Montgomery.
U.S. taxpayers shell out 20 billion dollars a
year to pad business chiefs' earnings and to prop up the world's most
lopsided corporate pay scales, say activists seeking to highlight
inequality in this election year. By Abid Aslam.
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, writes Felicity Lawrence.
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.