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.
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.
Social Movements from all over the world came to Geneva (6-10 July) to support a binding treaty on transnational corporations and other business enterprises to respect Human Rights discussed for the 1st time in the United Nations Human Rights Council.
Netherlands/Jakarta, 14 November 2014 - The announcement on November 13th of a US-India agreement on trade facilitation and India’s food security programme was denounced today by Transnational Institute and Serikat Petani Indonesia (SPI), the Indonesian Peasant Union Federation as a “victory for transnational corporations at the expense of peasant farmers.”
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.
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.
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".
Liam Barrington-Bush reads Susan George’s new book, ‘How to Win the Class War: The Lugano Report II,’ and, while impressed by its breadth of information, is left wondering if more intellectual criticisms of capitalism are going to help us get out of the mess the free market has created.
New data shows that less than one-quarter of the area of large-scale land concessions awarded to businesses since 2010-11 is being used for agriculture. This raises “serious questions” about the government’s land use policies.
The time has come to unite the hundreds of struggles, campaigns, networks, movements and organizations that are combating the different ways transnational corporations are appropriating our destinies, natural heritage and rights in every corner of the planet.
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.
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.”
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.