Violations of human rights and the rights of peoples and nature have become an all too common part of transnational corporations’ operations. There are no binding rules for corporations on Human Rights at the international level. That’s why again this year, in coordination with the Treaty Alliance, the Global Campaign is returning to Geneva to advocate directly to UN member states to engage in a process to create a treaty, and to ensure they hear the voices of communities impacted by corporate violations loud and clear. Inside and Outside the UN dozens of delegates from social movements and civil society networks worldwide will participate in the Week of Peoples Mobilisation.
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.
Peoples' Permanent Tribunal uncovered overwhelming evidence of European TNCs' abuses of human, social, cultural and workers' rights in Latin America, aided and abetted by European governments and institutions.
Davos, perhaps more than any other gathering, epitomises the way political power and global governance have in recent decades been entrenched into a small corporate elite. This elite have succeeded not only in capturing our economy, but also our politics, and increasingly our culture and society too.
As the world's most powerful corporate leaders and richest individuals gather at the exclusive World Economic Forum in Davos, TNI offers a visual insight into who is dominating the planet at a time of systemic economic and ecological crisis.
After a brief period of destabilisation, self-justification and the occasional mea culpa, the very people and institutions that plunged the world into crisis have re-emerged unscathed, as the fount of truth and all reasonable policy.
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.
The Irish government announcement of a €34 billion Euro bailout, two years after the financial crisis first broke, is a reminder that little has been done to prevent it happening again just as the social costs are becoming ever more evident.