The current vaccine crisis in the midst of a pandemic could be a tipping point for the current order of global governance. The global policy response and vaccine rollout have proven too inept to counter the catastrophic moral failure of affluent countries' vaccine hoarding. The WHO Director General’s performative pleas for vaccine equity have done little to move an intransigent system of global governance to address an emergency of this scale. What do these overlapping and related failures mean at national and international levels?
COVAX was not created primarily to help fight Covid in the Global South. It was designed to be more like a merchant bank, using capital provided largely from governments, to shape the global vaccine preparation industry and the Southern vaccine consumer market; It is also designed like a regular international trade association interested in establishing this vaccine market based on a health care system where one is required to pay for health and one without national medical approval and without manufacturer liability; It is also designed to be a bit like a NATO to engage China and Russia in the next generation of soft power geopolitical confrontations via the granting or not of vaccine access to specific coun- tries and peoples; and it is also built as a multistakeholder group operationally run by two other multistakeholder groups to marginalize WHO and avoid public accountability in global governance COVAX will hopefully fail in all these aspirations.
In the wake of the COVID-19 pandemic, transnational corporations are seeking to cement their control of global governance, ensuring it serves the interests of business and profits rather than the wellbeing of humanity. We have collected here key resources for everyone interested in learning more about the crisis of global governance, the transnational corporations' false solutions, and the possibilities for new forms of global democratic governance.
Our webinar Taking Health back from Corporations: pandemics, big pharma and privatized health brought together international activists and healthcare experts at the forefront of struggles for equitable universal public health. What needs to change in terms of access to medicine, the pharmaceutical industry, and the global governance of health?
From 2 to 11 December 2019, a caravan of international observers (#ToxiTourMexico) travelled from West to East along the neovolcanic belt in Mexico, crossing dense industrial corridors that have attracted capital from the US, Europe and other countries along the way. Members of the Caravan witnessed the alarming environmental and health emergency situations that the affected communities are experiencing and their impressive organising and mobilising capacity and dignity.
During her time on Wall Street, Nomi Prins grew increasingly aware of and discouraged by the unethical practices that permeated the banking industry. Read more about her experience within some leading international banks, and what she learned about the nature of the corporation.
A Brazilian human rights activist, an artist hacker and a former Wall Street Banker discuss the nature of today's corporation, how to best mobilise against its power and impunity, and what could replace it.
Total says it is a French oil company but a closer examination shows this description is not true. The complexity obscures a bigger truth about corporations which is that they have turned into private sovereign powers.
National and international law has been increasingly codified by transnational corporations to protect them from accountability for human rights violations and to bolster a politics of market authoritarianism.
The biggest change corporations have made in the last 15 years has been their embrace of commitments to sustainability and social responsibility. Writer of the acclaimed 2003 book and film, The Corporation, Professor Bakan argues that the 'new corporation' is ‘probably even more dangerous' than its predecessor.
119 of the Fortune 500 list of the world’s largest companies are now Chinese, just behind the US (121). How does a Chinese transnational differ to a Western one and what are the implications for movements that confront their impacts?
This corporate schmooze-fest takes place every year, making grand pronouncements on the state of the world and treated with reverence by political elites and disdain by most progressive movements. But is it more than an elite talking shop? This reading list explores some of the agendas and ethos underlying the World Economic Forum.
This article focusses on TNCs as global actors, the structures and mechanisms that grant them impunity for wrong doing, and the deepening and widespread popular resistance to TNC extractivism and destruction of the planet.
The UN Secretary General and the World Economic Forum signed on June 13 a Strategic Partnership Agreement for the implementation of the 2030 agenda (SDG). More than 400 organisations signed the following letter demanding the end of the agreement and denouncing it for formalising the corporate capture of the UN and moving towards an increasingly privatized and less democratic global governance.