Social Movements from all over the world came to Geneva (6-10 July) to support a binding treaty on transnational corporations and other business enterprises to respect Human Rights discussed for the 1st time in the United Nations Human Rights Council.
Washington-style practices of corporate lobbying have crept up on New Delhi politics, subverting the policy-making process to meet the profit imperatives of private corporations. The new trend of corporate lobbying in India presents a real and serious threat to democracy.
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.
Dozens of civil society organizations from around the world have gathered today (19 June 2012) at the Peoples’ Summit in Rio de Janeiro, Brazil to launch a global campaign to confront the power of corporations and their crimes against humanity.
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.
One of the most impacting meetings took place Thursday, when more than 100 people filled a lecture hall, organized by the coalition Stop Corporate Impunity, to hear an array of speakers on a panel called “Confronting the Power of Transnational Corporations and Unpacking the Global Investment, Trade and Financial Regimes.”
Observatory on Debt in Globalisation (ODG), Transnational Institute (TNI), Mónica Vargas, Brid Brennan
24 June 2013
Forty years after Salvador Allende denounced corporate power at the United Nations General Assembly (December 1972), millions of people all over the world are involved in struggles against the human rights violations and the social and environmental injustice generated by transnational corporations.
In today's world transnational corporations (TNCs) have asserted themselves as global entities, which exercise their power without any accountability that matches their economic and political influence. The panelists will assess the impact of a 2014 UNHRC initiative that would bind TNCs in terms of human rights and explore alternatives to the current neoliberal system of corporate impunity.
The Davos class run our major institutions, know exactly what they want, and are well organized, but they have weaknesses too. For they are wedded to an ideology that isn't working and they have virtually no ideas nor imagination to resolve this.
Who are the global 1%? What companies do they run? How do they escape accountability? Check out TNI's powerful infographic displays that expose the social and environmental costs of global corporate power.