Prof John Ruggie has shared his comments on the Zero Draft treaty on TNCs and human rights on this blog earlier this month. His core concerns are that the zero draft has not adequately deal with ‘scale’ and ‘liability’. This response argues that Ruggie’s arguments in opposition to the binding treaty are misdirected and they fail to recognise the historic opportunity offered by the Human Right Council to create a human rights remedy system for corporate abuse across national boundaries.
There is mounting evidence that neoliberal policies are losing legitimacy. The translation of such disaffection into positive commitment to an alternative, however, requires deeper disengagement from the dominant order and practical participation in creating alternatives. A social order built on escaping the pressures of democracy while at the same time depending on the capacities of many desiring democracy is unlikely to be stable. Thus the opaque and indirect forms of power typical of neoliberal rule are simultaneously sources of vulnerability and dependence, and breeding grounds for the power to subvert and transform.
This webinar brought together experts in healthcare and activists at the forefront of struggles for equitable universal public healthcare from across the globe at a time when the COVID-19 pandemic has shown the necessity of a healthcare system driven by people rather than profit.
The convergence of corporate, financial, intellectual, political and ideological elites interconnected through board memberships of companies, banks, policy groups, think tanks, foundations, advisory groups and forums has led to what billionaire Warren Buffet referred to as a ‘class war” in which “my class, the rich class, that’s making war, and we’re winning.” In the European Union, it is their choices that are largely reflected in the merciless austerity measures spreading poverty and unemployment as healthcare, education, social services, welfare and social housing are dismantled; as resources and assets are privatized, workers fired, pensions and social security are cut, workers have their rights and benefits dismantled, and the population is pushed into desperation. It is why the struggle for a different Europe must start first with tackling and undermining the power of those waging this war.
Multistakeholderism has become a new buzzword for global governance, shaping standards for products, setting the rules for global initiatives and increasingly entering every arena of global governance including the UN. They are driven by transnational corporations to consolidate power and profits and have disturbing implications for democracy, accountability and for communities most affected by corporate human rights violations.
The Transnational Institute (TNI) in the Netherlands is issuing an open call for essays, accessible papers, infographics and artistic collaborations for its forthcoming State of Power report launched in late January 2020 to coincide with the World Economic Forum in Davos. The focus for our ninth annual edition is on 'The Corporation'.
Geneva: March 16, 2018 – The Global Campaign to Reclaim Peoples Sovereignty, Dismantle Corporate Power and Stop Impunity (Global Campaign) (1) welcomes the presentation and acceptance of the report on the 3rd session of the Open-ended intergovernmental working group (OEIGWG) on transnational corporations and other business enterprises with respect to human rights (2) in the United Nations (UN) Human Rights Council 37th session.
No stakeholder-based global governance system comes close to matching the democratic legitimacy of a citizen-based and nation-state-based governance system, but there are ways global governance can and should be reformed.
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.
Het kabinet-Rutte III staat op het punt de dividendbelasting af te schaffen. Deze maatregel is omstreden, omdat niet duidelijk gemaakt kan worden welke maatschappelijke opbrengsten tegenover de gederfde inkomsten staan van jaarlijks 1,4 miljard euro. In dit boekje kijken wij naar de argumenten die voorstanders gebruiken en duiken we in de tegenargumenten.
War on Want fights poverty in developing countries in partnership with people affected by globalisation. We campaign for human rights and against the root causes of global poverty, inequality and injustice.
Just few days left to the inauguration of the new building of the ECB. Great participation is expected from all over Europe: social movements, activists, migrants, precarious and industry workers, trade-unions and parties will come to Frankfurt to say no to austerity and contest the authority of ECB and the other EU institutions.
The Bail Out Business is the most comprehensive and thorough analysis of the response to the 2008 financial crisis to understand who benefits from rescue packages in the EU. How effective were the bail out measures? What were the hidden costs to the taxpayer? and what was the role of the Big Four (audit firms) and financial consultancy firms in the business of designing and implementing bail out programs in EU Member States?
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.
Peter Whittaker reviews How to win the Class War by Susan George for the New Internationalist: "The biggest danger to capitalism would be co-operation between the range of social forces opposing neoliberal control".
The COVID-19 pandemic has exposed the perils of governments handing over our right to health and life to corporations. The privatization of our health has made millions of people vulnerable to infectious diseases and destroyed the integrated public systems needed to coordinate an effective response.