For decades, affected communities around the globe have been resisting the modus operandi of transnational corporations (TNCs) in their territories and workplaces and documenting systemic human rights violations and the track record of corporate impunity with their lives and their deaths. Corporate impunity is embedded in and protected by an ‘architecture of impunity’ that legitimises and legalises the operations of TNCs. This architecture has been established through free trade and investment agreements, the World Trade Organisation (WTO), the structural adjustment policies of the International Monetary Fund (IMF), World Bank and other financial instruments and the aggressive push for public-private partnerships (PPPs). At the core of this architecture is the infamous investor-state dispute settlement (ISDS) system, a private arbitration system that allows TNCs to sue states whenever they consider that their future profits are threatened by new measures or policies aiming at improving social and environmental protection. Thus, it neutralises the function of the state, whose primary responsibility is to defend public interest and protect the well-being of its citizens and the planet from corporate interests.
Susan George joined an expert panel on the first day of a meeting of a working group of the UN Human Rights Council, tasked with developing a treaty on transnational corporations and human rights. She spoke with the Global Campaign to Dismantle Corporate Power about the history of UN action on transnational corporations, the potential pitfalls of the current treaty negotiations, and the range of tax abuses, wage evasion, and investor protection weapons that transnational corporations can use.
Real World Radio has interviewed Brid Brennan to discuss recent works of the UN Intergovernmental Working Group (IGWG) in Geneva, including side events of acknowledgement for Berta Caceres, and the proposals provided by the Global Campaign to Dismantle Corporate Power (GCDCP) and future plans.
A debate about the impacts of the Investor to States Disputes Settlement on the environment, between representatives from the European Commission and Civil Society Organizations from Europe, US and Canada was held in Brussels during the last negotiations round of the Transatlantic Trade and Investment Partnership
In episode three of this interview series, Susan George explains how she managed to write How to win the Class War - The Lugano Report II from the perspective of the very people she opposed all her life, the 'Davos Class'.
Good news for Susan George fans: Her new political satire, “How to win the Class War”, is about to be published. In part one of this exclusive video interview, Susan George talks about the story behind the sequel to The Lugano Report.