Showing posts with label Corporate. Show all posts
Showing posts with label Corporate. Show all posts

Monday, April 11, 2011

Ten Issues - 13

1- Dark side of giving: The rise of philanthro-capitalism --- Large philanthropic resources are being utilised to further the interests of business.

2-Noam Chomsky interviewed by Ajaz Ashraf and Anuradha Raman in Outlook magazine, November 1, 2010. The man NYT called “arguably the most important intellectual alive” finds the media in Pakistan more vibrant than it is in India.

3- Elections come and go. But the immigrant issue goes on forever [PDF]: A quarter century post the Assam Accord, political parties in the state still seek votes on the issue of illegal Bangladeshi immigration, reports Tehelka Reporter Kunal Majumdar.

4- Stan Ovshinsky’s Solar Revolution : His inventions from 50 years ago enabled cell phones, laptops, and flat-screen TVs. Now, at age 88, he’s aiming to make solar power cheaper than coal.

5- Why Do Some Countries Win More Olympic Medals? Lessons for Social Mobility and Poverty Reduction :- Not everyone in our country has equal access to competitive sports. Many are not effective participants on account of ignorance or disinterest, disability or deterrence. This analysis considers two separate arenas for enlarging the pool of effective participants, one related to sports and other to social mobility. A paper by Anirudh Krishna and Eric Haglund.

6- Scorched Earth Tactics Return To Chhattisgarh : Eric Randolph question whether the security forces really understand the basic tenets of counter-insurgency theory.

7-10 ways the government plans to keep peace in Kashmir is a mix of stern and soft measures to keep the stones away by Tehelka Reporter Iftikhar Gilani.

8- Experiments with facts by Ramachandra Guha on Joseph Lelyveld’s Great Soul ;

9- Reading and Race: On Slavery in Fiction By Edan Lepucki. A runner up of 3QD prize.

10- The price of prosperity By C. K Lal : Limits to freedom in any imperial domain are drawn where the sovereignty of the political and judicial systems begins – in highly institutionalised societies, sovereignty lies in the system rather than in the people.

Quote of the Daya : Here’s a brief passage from Hayek 1976 essay “Socialism and Science” posted a few days ago in the comments by Richard Ebeling:  “A society in which everyone is organized as a member of some group to force government to help him get what he wants is self-destructive. There is no way from preventing some from feeling that they have been treated unjustly — that feeling is bound to be wide spread in any social order — but arrangements which enable groups of disgruntled people to extort satisfaction of their claims — or in the recognition of an ‘entitlement’, to use the new-fangled phrase — make any society unmanageable.”

Friday, January 28, 2011

WikiLeaks on Corporate Corruption

Corporate corruption comes in many forms. The number of employees and turnover of some corporations exceeds the population and GDP of some nation states. When comparing countries, after observations of population size and GDP, it is usual to compare the system of government, the major power groupings and the civic freedoms available to their populations. Such comparisons can also be illuminating in the case of corporations.
Considering the largest corporations as analogous to a nation state reveals the following properties:

1. The right to vote does not exist except for share holders (analogous to land owners) and even there voting power is in proportion to ownership.
2. All power issues from a central committee.
3. There is no balancing division of power. There is no fourth estate. There are no juries and innocence is not presumed.
4. Failure to submit to any order may result in instant exile.
5. There is no freedom of speech.
6. There is no right of association. Even romance between men and women is often forbidden without approval.
7. The economy is centrally planned.
8. There is pervasive surveillance of movement and electronic communication.
9. The society is heavily regulated, to the degree many employees are told when, where and how many times a day they can go to the toilet.
10. There is little transparency and something like the Freedom of Information Act is unimaginable.
11. Internal opposition groups, such as unions, are blackbanned, surveilled and/or marginalized whenever and wherever possible.

While having a GDP and population comparable to Belgium, Denmark or New Zealand, many of these multi-national corporations have nothing like their quality of civic freedoms and protections. This is even more striking when the regional civic laws the company operates under are weak (such as in West Papua, many African states or even South Korea); there, the character of these corporate tyrannies is unregulated by their civilizing surroundings.

Through governmental corruption, political influence, or manipulation of the judicial system, abusive corporations are able to gain control over the defining element of government the sole right to deploy coercive force.

Just like a country, a corrupt or unethical corporation is a menace to all inside and outside it. Corporations will behave more ethically if the world is watching closely. WikiLeaks has exposed unethical plans and behaviour in corporations and this as resulted in recompense or other forms of justice forms of justice for victims.

Source - WikiLeaks