States are not only handing over more of the economy and policy-making to corporations at national level, they are also doing so at international level. Harris Gleckman summarises the Global Redesign Initiative that has come out of the World Economic Forum and represents the best summary of corporations' vision of what they want global governance to look like. What are its principle features? What dangers does it pose to democracy?
Susan George looks back at her four decades of scholarship to explain what led her to write her different books, how it formed her vision of power and the best ways to challenge the Davos class in order to deliver a more just world.
The case of Newmont Mining vs Indonesia is a powerful example of how investment agreements are used by companies to get exemptions from government regulations and legislation, undermining democracy and development.
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'.
Observatory on Debt in Globalisation (ODG), Transnational Institute (TNI)
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.
This working paper and infographic provide an overview of a great ‘fire sale’ of public services and national assets across Europe that is providing profits for a few transnational companies but is often fiercely opposed by its citizens.
Cecilia Olivet, Pietje Vervest, Giorgina Garibotto et al.
01 February 2013
This beginners' guide provides a critical perspective on EU’s trade and investment policies and the business interests they serve. TNI worked on the guide with a Europe-wide network of trade activists, belonging to the Seattle to Brussels network.
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.
A small club of international law firms, arbitrators and financial speculators are fuelling an investment arbitration boom that is costing taxpayers billions of dollars and preventing legislation in the public interest.
A useful pocket guide on how a crisis made in Wall Street was made worse by EU policies, how it has enriched the 1% to the detriment of the 99%, and outlining some possible solutions that prioritise people and the environment above corporate profits.
When citizens are left out of debates confined to government and the business community, the only means of influencing policy is to petition, protest, or litigate, usually after the horse has bolted. Will fracking be the latest technology introduced without any public debate?