DEVS 230 Lecture Notes - Keynesian Economics, Bhopal Disaster, World Trade Organization
28 Nov 2012
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Document Summary
Tncs have decisive powers to shape public policy and influence government action. Principle framing csr: neoliberal assumption that social issues have an economic value to be determined by market forces. Reduces social and environmental concerns to economistic criteria of value. Self regulation/ voluntary regulation (milton friedman anti- csr) Social protection was a spontaneous reaction to the social dislocations imposed by the unrestrained free markets in keynesianism, social protection from forces of free market provided by the state and international organizations (bwr) Un commission on transnational corporations code of conduct dismissed by global north and abandoned. In neoliberalism, social protection from market forces is provided by market/private actors. Private firm which has been granted legal rights and responsibilities of a person, but in a way that keeps the corporation itself private from the people who own it (shareholders) Goes on to talk about corporations from stanford.
