AmazonAmazon, Tesla and Meta among world’s top companies undermining...

Amazon, Tesla and Meta among world’s top companies undermining democracy – report

-

Some of the world’s largest companies have been accused of undermining democracy across the world by financially backing far-right political movements, funding and exacerbating the climate crisis, and violating trade union rights and human rights in a report published on Monday by the International Trade Union Confederation (ITUC).

Amazon, Tesla, Meta, ExxonMobil, Blackstone, Vanguard and Glencore are the corporations included in the report. The companies’ lobbying arms are attempting to shape global policy at the United Nations Summit of the Future in New York City on 22 and 23 September.

At Amazon, the report notes the company’s size and role as the fifth largest employer in the world and the largest online retailer and cloud computing service, has had a profound impact on the industries and communities it operates within.

“The company has become notorious for its union busting and low wages on multiple continents, monopoly in e-commerce, egregious carbon emissions through its AWS data centres, corporate tax evasion, and lobbying at national and international level,” states the report.

The report cites Amazon’s high injury rates in the US, the company challenging the constitutionality of the National Labor Relations Board (NLRB), its efforts in Canada to overturn labor law, the banning of Amazon lobbyists from the European parliament for refusing to attend hearings on worker violations, and refusal to negotiate with unions in Germany, among other cases. Amazon has also funded far-right political groups’ efforts to undermine women’s rights and antitrust legislation, and its retail website has been used by hate groups to raise money and sell products.

At Tesla, the report cites anti-union opposition by the company in the US, Germany, and Sweden; human rights violations within its supply chains; and Elon Musk’s personal opposition to unions and democracy, challenges to the NLRB in the US, and his support for the political leaders Donald Trump, Javier Milei in Argentina and Narendra Modi in India.

The report cites Meta, the largest social media company in the world, for its vast role in permitting and enabling far-right propaganda and movements to use its platforms to grow members and garner support in the US and abroad. It also cited retaliation from the company for regulatory measures in Canada, and expensive lobbying efforts against laws to regulate data privacy.

Glencore, the largest mining company in the world by revenue, was included in the report for its role in financing campaigns globally against Indigenous communities and activists.

Blackstone, the private equity firm led by Stephen Schwarzman, a billionaire backer of Donald Trump, was cited in the report for its roles in funding far-right political movements, investments in fossil fuel projects and deforestation in the Amazon.

“Blackstone’s network has spent tens of millions of dollars supporting politicians and political forces who promise to prevent or eliminate regulations that might hold it to account,” the report noted.

The Vanguard Group was included in the report due to its role in financing some of the world’s most anti-democratic corporations. ExxonMobil was cited for funding anti-climate science research and aggressive lobbying against environmental regulations.

Even in “robust democracies” workers’ demands “are overwhelmed by corporate lobbying operations, either in policymaking or the election in itself”, said Todd Brogan, director of campaigns and organizing at the ITUC.

skip past newsletter promotion

“This is about power, who has it, and who sets the agenda. We know as trade unionists that unless we’re organized, the boss sets the agenda in the workplace, and we know as citizens in our countries that unless we’re organized and demanding responsive governments that actually meet the needs of people, it’s corporate power that’s going to set the agenda.

“They’re playing the long game, and it’s a game about shifting power away from democracy at every level into one where they’re not concerned about the effects on workers – they’re concerned about maximizing their influence and their extractive power and their profit,” added Brogan. “Now is the time for international and multi-sectoral strategies, because these are, in many cases, multinational corporations that are more powerful than states, and they have no democratic accountability whatsoever, except for workers organized.”

The ITUC includes labor group affiliates from 169 nations and territories around the world representing 191 million workers, including the AFL-CIO, the largest federation of labor unions in the US, and the Trades Union Congress in the UK.

With 4 billion people around the world set to participate in elections in 2024, the federation is pushing for an international binding treaty being worked on by the Open-ended intergovernmental working group to hold transnational corporations accountable under international human rights laws.

Latest news

Salvador Dali Prints Found

A treasure trove of prints signed by Spanish surrealist Salvador Dali which had been "tucked away and forgotten" for...

Investors Lay Siege To Boardroom Of London-Listed Private Rental Group

A group of shareholders in PRS REIT, a London-listed investment trust, are laying siege to its boardroom in a...

Lego Drive For Green Bricks Is Raising Costs

Lego says a drive to remove fossil fuels from its bricks is making further progress but the alternatives, while...

Oasis Reunion: Maldron Hotels Accused Of Cancelling Booking On Concert Night Before

A hotel chain in Manchester has been accused of cancelling a booking after the Oasis reunion was announced -...

Must read

More

    Watchdog opens investigation into anti-immigrant posts on Facebook

    Mark Zuckerberg’s Meta must answer “serious questions” about its...

    Meta rides AI boom to stellar quarterly earnings, but slightly less than expected

    Meta’s blowout year continues after the company reported another...

    You might also likeRELATED
    Recommended to you