Category Archives: Corruption

Lobbyists Pose Conflicts of Interest At European Food Agency | CorpWatch

Should lobbyists for biotech and food companies be allowed to make the rules on scientifically questionable products sold in the supermarket and – by default – your kitchen? The companies like the idea because they stand to make a huge profit. Yet the European Food Safety Agency (EFSA) appears to have failed to properly regulate such conflicts of interest. Continue reading…

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Filed under Corporations, Corporatism, Corruption, Democracy, Food and agriculture

Europe Inc. in crisis – the EU’s alliance with big business is a dead-end | Corporate Europe Observatory

It is now 15 years since four friends in Amsterdam set up Corporate Europe Observatory (CEO) and published the report Europe, Inc.: Dangerous Liaisons between EU Institutions and Industry.1 Launched at the civil society “Summit from Below” which happened alongside the EU Summit in Amsterdam in June 1997, the report exposed the influence of industry lobbying on the new EU treaty being signed at the summit. This first CEO report uncovered the powerful role of lobby groups such as the European Roundtable of Industrialists (ERT), in promoting and shaping an EU-wide free trade area (the single market), a single currency (the euro), and numerous other major EU projects and policies at the time. The report warned that the far-reaching influence of corporate lobbies over EU decision-making came at the expense of democracy and of social and environmental concerns.

Fifteen years later, those very same problems have not gone away. In fact, the situation is worse than ever before. The corporate capture of EU policies has played a central role in sparking the deepest economic crisis for generations and contributed to the EU’s flawed response to the crisis, based on harsh austerity policies that are currently causing social havoc across Europe. Continue reading…

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Filed under Corporatism, Corruption, Democracy, Economism and neoliberalism

Why do bankers get to decide who pays for the mess Europe is in? | Comment is free | The Guardian

There were times when the whole of 2011 seemed to be one long European summit, when you heard more about Papandreou and Merkozy than was strictly necessary. Yet you probably didn’t catch many references to Charles Dallara and Josef Ackermann.

They’re two of the most senior bankers in the world – among the top 1% of the 1%. Dallara served in the Treasury under Ronald Reagan, before moving on to Wall Street, while Ackermann is chief executive of Deutsche Bank. But their role in the euro negotiations, and so in deciding Greece’s future, was as representatives of the International Institute for Finance. Continue reading…

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Filed under Corporations, Corporatism, Corruption, Democracy, Economism and neoliberalism, Financial crisis

What’s the catch? Fish firm offers island £50,000 ‘bribe’ for salmon farm site | Herald Scotland

Norwegian multinational Marine Harvest has been accused of offering “bribes” to the islanders of Colonsay to get them to agree to a controversial plan to turn their waters into a giant fish farm. Continue reading…

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Filed under Corporations, Corruption, Environment, Fishing

The unethical corporate subversion of Britain | Occupy News Network UK

British political elites are tightly connected and subverted by multinational companies and international financiers that reap vast financial rewards, despite and even deepening the economic crisis. These corporate powers fund governments that inflict genocide, sell weapons that are used to commit human rights abuses and destroy the environment. They are motivated by maximising profits. These global companies are using their political influence to try and silence OccupyLSX in its aims to engender social justice, broader economic equality and ecological sustainability. Continue reading…

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Filed under Corporations, Corporatism, Corruption, Democracy, Occupy movement

Lobbyists, Guns and Money | NYTimes.com

What is ALEC? Despite claims that it’s nonpartisan, it’s very much a movement-conservative organization, funded by the usual suspects: the Kochs, Exxon Mobil, and so on. Unlike other such groups, however, it doesn’t just influence laws, it literally writes them, supplying fully drafted bills to state legislators. In Virginia, for example, more than 50 ALEC-written bills have been introduced, many almost word for word. And these bills often become law. Continue reading…

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Big Pharma spends over €40 million per year lobbying in the EU, dwarfing public health NGOs | Corporate Europe Observatory

28 March 2012 – New research reveals that the pharmaceutical industry lobby is spending more than €40 million annually to influence decision making in the European Union (EU) – of which nearly half is spent by drug manufacturers on in-house lobbyists.

According to these findings, civil society organisations active on EU medicines issues, on the other hand, spend a combined €3.4 million per year. With the immense disparity between the affluence of public interest groups and the industrial lobby, it becomes even more difficult to level the policy playing field. Continue reading…

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Filed under Corporations, Corporatism, Corruption, Democracy