The Corporation is capitalism's preeminent institution, dominating our economy, distorting our politics and reshaping society. TNI's ninth flagship State of Power report delves deep into the changing nature of the corporation in a time of digitalisation and financialisation and asks how we might best confront its power and construct alternatives.
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'.
Let us introduce you to some of the fascinating people we work with to help you make sense of the world’s most complex challenges. In this podcast we share our research, explore alternatives to the status quo and give a platform to scholars and activists who are at the forefront of the fight against the current neoliberal order. We believe there are alternatives to this world and hope you do too.
Popular movements everywhere are on the rise at the same time as we face ever-greater corporate impunity and increasing state violence. In TNI's seventh flagship State of Power report, we examine today's social movements, their potential to build counter-power, and how we can best resist injustice as well as lay grounds for long-term transformation.
Law is fundamentally limited in its potential to challenge corporations' power and their harm, because the law has been created to facilitate capitalist accumulation and therefore the rights of the property-owning class to force others to submit to its will. It cannot, therefore, be expected to have any emancipatory potential.
Despite causing the worst financial crisis in decades, the financial sector emerged even stronger. TNI's eighth flagship State of Power report examines through essays and infographics the varied dimensions and dynamics of financial power, and how popular movements might regain control over money and finance.
The international bank transfer system, SWIFT, is a form of contemporary digital colonialism and surveillance capitalism as it is run by US firms and provides data to US government agencies. Drives by governments and philanthropists to increase use of digital money will only strengthen it further.
The World Economic Forum’s Global Redesign Initiative is perhaps the best reflection of how corporations and other elites envision the future of governance. It calls for marginalising intergovernmental decision-making with a system of multi-stakeholder governance, but what does this mean for democracy, accountability and the rule of law?
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.
Working on the State of Power 2018 was incredibly interesting and a rare privilege to create art work for such a wide variety of important causes across the world. In these times, the question of popular power or counter-power is riddled with uncertainty. This uncertainty sometimes comes from the lack of new ideas suitable for shaping these times, but more importantly, it derives from the unpredictable nature of the current crisis and tragedy.
I was approached last year by Nick Buxton of the Transnational Institute and asked if I could create a series of illustrations to accompany essays they were bringing out on the theme of Global Capital and Financial Power. I wanted to say yes, but the theme made me hesitate. The workings of the global financial world was not a subject I knew much about, or had felt inspired to address as an artist before.
How much change in the existing patterns of geo-political and geo-economic relations will the rise of the global South countries bring? And just how should this ‘rise up’ be measured? Furthermore, does the selective rise of some countries mean that the weight and power of the South as a whole will rise up?
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.
When the New York Times dubbed the global anti-war protesters of February 15, 2003, “the second super-power,” it challenged the decade-plus view of undisputed U.S. global reach that followed the demise of the Soviet Union and the end of the Cold War. The surging protests that brought 12–14 million people in 665 cities around the world were not enough to stop the U.S.-British wars against Iraq, Afghanistan and beyond. But in the decade since that extraordinary mobilisation, the U.S. empire’s reach is showing the effects of rising people’s movements, increasing multi-polarity in the world of nations and governments, declining influence in all international spheres other than military, stubbornly lasting economic crisis, and an extraordinary loss of legitimacy both at home and abroad.