The United Nations is failing in its duty to control the abuses of transnational economic power, argues Alejandro Teitelbaum. The recent report by John Ruggie, special representative of the UN Secretary-General on business and human rights, represents a setback in attempts to establish international control over the activities of transnational corporations.
The global economy needs to be reformed to ensure that nasic human needs are secured around the world, and the United Nations is currently the only international body through which such fundamental change can be facilitated.
One’s opinion of the United Nations reveals a lot about political consciousness; and because perception is usually based on experience, it’s only natural that people from different countries have opposing views about the UN and its pillar institutions— the International Monetary Fund (IMF), World Bank, and the World Trade Organization (WTO).