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.
Robin Hood stole from the rich and gave to the poor. On the Gulf Coast, the reverse is happening. Federal state and local governments are teaming up with corporations and developers to systematically steal hurricane relief funds from the poor to enrich themselves, writes Bill Quigley.
A detailed report examining the history, structure and motives of multinational corporations and their excessive influence over both governments and the general public. The report proposes a framework in which commercial activity can be significantly reduced so that corporations can primarily serve the global public good. Written by STWR's Rajesh Makwana.
A month after seven Indian states imposed severe restrictions on the sale of colas and other aerated drinks, the Coca-Cola company has become the target of a vigorous popular campaign in Uttar Pradesh, India's largest state. Praful Bidwai reports.
Americans are paying more for gasoline than they would if they had access to competitive markets, and oil companies are using the windfall profits to buy back their stocks rather than make investments in sustainable energy, according to a report released by Public Citizen.
Increasing attempts by governments and corporations alike to decrease the share of taxes paid by multinational companies could lead to a crisis situation for public funding in many parts of the world, warns a new study released by one of the leading international trade union organizations.