Despite the track record of systemic and systematic violations of the range of human rights, the efforts to establish legally binding obligations and an instrument of enforcement within the UN system have been defeated by determined corporate opposition. The current Guiding Principles developed by the former Special Representative of the UN Secretary General, John Ruggie, do not create "any new international legal obligations" and are therefore non-binding.
The time has come to unite the hundreds of struggles, campaigns, networks, movements and organizations that are combating the different ways transnational corporations are appropriating our destinies, natural heritage and rights in every corner of the planet.
To which aspects of this crisis should Germans and especially German Christians be most attentive? What would be the right policies to escape from the debt crisis which has been allowed to fester and is now five years old?
Dr. Pedro Paez talks about the creation of a new financial architecture in Latin America, based on principles of redistribution, environmental sustainability and social cohesion rather than market principles that dominated the old architecture.
The massive concentration and growth of corporate power poses a major threat to what remains of public services, highlighting the ever-deepening crisis of democracy, and the urgent need for people to reclaim the state.
The first anniversary of Lehman Brothers’ collapse and last week’s meeting of the G20 countries have provoked numerous reflections on the causes and possible solutions to the current financial and economic mess. The problem is that the majority of these deal with cosmetic rather than the profound changes needed to get the global economy back on track.