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Rights for People and Rules for Corporations – Stop ISDS

Today’s trade and investment agreements give transnational corporations far reaching special rights and access to a parallel justice system to enforce them. Corporations have their own global private court system – called Investor-state dispute settlement (ISDS) – which they use to bully governments. But many victims of corporate human rights abuses don’t have any way of winning justice. At the start of the 2019 World Economic Forum in Davos, The European Environmental Bureau and more then 150 other European organisations, trade unions and social movements launch a new trade and corporate accountability campaign called “Rights for People and Rules for Corporations – Stop ISDS”. The Petition says: “The EU and Member States must enshrine in their laws the duties of corporations to respect human rights and the environment throughout their operations worldwide”.

Source: STOP ISDS

Transnational companies have increased their investments in Brazil’s health sector

Transnational companies (TNCs) have increased their investments in Brazil’s health sector. They have made a big adverse impact, causing deterioration in working conditions and a fall in the quality of services. The situation has become more problematic because of the parliamentary, legal and media coup that recently ushered in a new era of neoliberal promotion of private foreign investment in Brazil, and labour reforms that cut workers’ rights and create doubt and uncertainty.

Source: PSI

“How to win a ‘Nobel’ in Economics?"

Paul Romer, the NYU economist who was just awarded a Nobel Prize, is the inventor of the concept of “charter cities”—fully privatized municipalities. Honduras was supposed to be one of the first targets. Mark Ames (a close-up observer of the disastrous Russian privatizations of the 1990s) explains: “How to win a ‘Nobel’ in Economics: find a Latin American country whose military just overthrew its elected leftist president, propose dystopian privatization experiment giving multinationals complete dictatorial control over their sweatshop labor.”

Publications (5)

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La pandemia: Un gran negocio para empresas transnacionales

Este artículo investiga como cláusulas contenidas en los tratados de libre comercio, conocidas como resolución de controversias inversor-Estado (acrónimo ISDS en inglés), abre brechas para que grandes empresas transnacionales demanden judicialmente gobiernos que crearon políticas de emergencia de combate a la pandemia.

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Declaración de rechazo al injusto reclamo de la empresa multinacional Suez contra el Estado y el pueblo de Chile

Las organizaciones firmantes rechazan el injusto reclamo de la empresa multinacional Suez contra el Estado de Chile en respuesta a la decisión tomada por el gobierno en agosto de 2019 de abrir un proceso de suspensión de caducidad para finalizar el contrato de concesión de su subsidiaria, la ESSAL debido al desastre sanitario causado por esta empresa en la ciudad de Osorno en julio de 2019, cuando debido a las condiciones precarizadas de operación de sus sistemas y de trabajo de su personal se produjo un derrame de petróleo en la planta de agua potable de Caipulli, que contaminó al río Rahue y provocó un inmediato corte del suministro que afectó a casi 150 mil personas, la mayor parte de la población.

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"Major French companies: a disastrous impact for society and the planet! " (available in French)

Attac France and the Observatory for Multinationals have released their new report on French multinationals (CAC 40) "Major French companies: a disastrous impact for society and the planet! " (available in French). This report summarizes the true balance sheet of the CAC 40 companies in terms of social justice, ecological justice and tax justice. The authors analyse the rise of profits, dividends and CEO salaries while considering the key principles of social justice.

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La pandemia: un gran negocio para empresas transnacionales

Al ver sus ganancias amenazadas por la pandemia de Covid-19, las empresas transnacionales planean utilizar cláusulas presentes en acuerdos de libre comercio para demandar a los países que han adoptado políticas públicas de emergencia para combatir la crisis. Este video es una producción de la ISP en asociación con Le Monde Diplomatique Brasil.