American Samizdat

Monday, May 20, 2002. *
Why The Earth Summit Matters
The growing power of corporations has been accompanied by worsening inequality both within societies and between states. In 1960, it is estimated that the richest fifth of the world's population, almost all living in developed countries, were 30 times richer than the poorest fifth, almost all living in developing countries. By 1997 the top fifth were 74 times richer, and the figures are believed to have got worse since then.

Corporate power is also often associated with irresponsibility towards local populations and the wider environment - Asia Pulp and Paper rampages through the rainforests of Indonesia, using money provided by Barclays Bank; Exxon-Mobil lobbies to destroy the Kyoto agreement on climate change and Balfour Beatty planned to evict thousands of Kurds to build the destructive Ilisu Dam.

A key issue at the Earth Summit will therefore be corporate accountability.

Dr. Menlo is against crime: corporate crime and violent crime.
posted by Dr. Menlo at 1:55 PM
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