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.
Environmental damage caused by the oil industry in the Niger Delta has brought poverty, conflict and despair to local people. Energy corporations have undermined communities' rights to health, employment and an adequate standard of living, says a report by Amnesty International.
In response to charges of human rights violations in Nigeria, Shell has made one of the largest recorded corporate payouts.
Human rights lawyers view the settlement as a step towards international businesses being made accountable for the social and environmental impact of their actions.
It has become fashionable to laud corporate social responsibility as a win-win practice for
business and society. Yet CSR
is a misleading and distracting doctrine that blinds us to the political realities of corporate economic
globalization, writes Jessica Ludescher.
Local communities throughout the tropics are suffering as agribusiness seek
to redesign the world map of sugar by introducing GM. This development must be rejected as
the industrialisation of a food crop with significant cultural and economic
meaning, warns a report by GRAIN.
current financial crisis offers an opportunity to question the corruption of children's
culture by rampant commercialisation, commodification and consumption. A
road to recovery cannot be simply about returning to a re-established, bankrupt consumer society, argues Henry A. Giroux.
The US-led 'reconstruction' of Iraq and Afghanistan illustrates the growing role of agribusiness on the battlefield, the blossoming of a private 'development' industry and a dangerous merging of the military and corporate humanitarianism, argue GRAIN.
A new report has named numerous major
banks that conduct business with corrupt regimes. By accepting such customers,
these banks are assisting those who are squandering state assets to enrich themselves or
brutalise their own people. Report by Global Witness.