Nemesis Project: August 2010

Sunday, August 29, 2010

Event in Fremantle on the harm caused by markets and corporations

Great to see this event The Global Economy and Human Wellbeing being run by Rob Lambert* at the Edmund Rice Centre for Social Justice in Fremantle this Saturday 4 September, 2010 between 10:00 AM - 5:00 PM.

The event is designed to provide people with a deeper understanding of what global free markets are doing to persons, families and societies; the nature of corporate restructuring of work, and its social and psychological impacts for families and communities; - basic analytic techniques of ‘political economy’ necessary for understanding these changes; - the values underlying these changes, and how they might be ethically assessed; and - how to envisage (imagine) alternative models of work, and the process of realising such change.

*Winthrop Professor Rob Lambert is based at the University of Western Australia’s Business School, where he specialises in labour studies. He is co-author of the award-winning book, Grounding Globalization: Labour in the Age of Insecurity (Oxford, Blackwell, 2008),a critique of the free market economy that identifies destructive impacts for the environment, society, families and persons. Rob is the founder and coordinator of the Southern Initiative on Globalization and Trade Union Rights (SIGTUR), founded some 20 years ago. This movement brings together democratic trade unions across 15 countries and four continents in the global south. Rob has a background as a South African activist, and was National Secretary of the South African Young Christian Workers and then advisor to the Southern African Catholic Bishops Conference before coming to Perth.

Sunday, August 22, 2010

The power of corporations over the political process

"Recent events have shown how much the interests of corporations now dominate the political process. Mining companies mobilized more quickly than the government to challenge the resource rent tax, and effectively bought down a Prime Minister...... But political systems merely reflect the society which gives rise to them. And we live in a society- and a world-where the power of corporations is much greater than that of "ordinary"people. Corporate power can readily be seen in our homes, our workplaces, our public spaces and our national debates."
Josh Fear

The Nemesis Project aims to support efforts to wrest power back from corporations. We seek to connect the dots between issues to show the extent to which corporate power and corporate interests dominate across a wide range of policy issues and influence every part of our daily lives.

Josh Fear from the Australia Institute has written a fine piece about the extent of corporate power in Australia. His argument is that the power and interests of corporations dominate and control government decision-making.

He shows the ways that corporations now dominate the political process in Australia. Fear's point is that across a range of public policy issues- the super profits mining tax, emissions trading, carbon tax, executive salaries, banking profits and fees and superannuation- the interests of corporations have dominated.

As Fear points out, and as recent events show, corporate power played a major role in the overthrow of an elected PM and manufactured the demise of a Federal government who were seen to threaten corporate interests. Politicians heed that message, meaning that no real reform is likely when corporate interests are threatened.

Reflections

“A corporation, essentially, is a pile of money to which a number of persons have sold their moral allegiance.”
Wendell Berry

"Corporations are to democracy what a T-Rex is to your checkers game"
Rebecca Solnit

"Political systems merely reflect the society which gives rise to them. And we live in a society-and a world-where the power of corporations is much greater than that of "ordinary people". Corporate power can readily be seen in our homes, our workplaces, our public spaces and our national debates"
Josh Fear

"The deep irony is that it is the unfettered rise of corporate power that presents the biggest threat to free markets, and to the ability of free markets to promote individual freedom, equality before the law and equitable prosperity"
Stephanie Blankenburg and Dan Plesch

" Wealth privilege remains embedded in the ancient institution of the corporation. It is a privilege out of step with market ideals, which has led to wealth disparities that threaten our political ideals. We can never really have political democracy without economic democracy".
Marjorie Kelly The Divine Right of Capital

"Democracy is not an outgrowth of free markets. Democracy and capitalism are antagonistic entities... A functioning democracy must often defy the economic interests of elites on behalf of citizens.."
Chris Hedges

"The privatization of public services and functions manifests the steady evolution of corporate power into a political form, into an integral even dominant partner with the state"
Sheldon Wolin, Democracy Inc: Managed Democracy and the Specter of Inverted Totalitarianism

Limited liability is at the heart of this rise of corporate power: it constitutes a blanket exemption of a special-interest group from accountability for the actions of their companies. While the mantra of "no rights without responsibilities" is used to regulate the behaviour of poor people who benefit from social-security payments, "the unaccountable few" enjoy feudal privileges"
Stephanie Blankenburg and Dan Plesch

"The economic, political and cultural signs of corporate colonization are increasingly abundant and readily visible in the contours of daily life"
Carl Boggs, The End of Politics

"Adult working Americans are more likely to die young as a result of organized corporate crime than any other form of criminal activity"
Michael Woodiwiss, Gangster Capitalism

"Without doubt corporate power and wealth shape politics today more than ever- in corporation's very growing presence in the economy, their extensive lobbies and influence over legislative activity, their ownership and control of the mass media, their preponderant influence over election campaigns, their capacity to secure relief from regulatory controls, their massive public relations apparatus, their general subsidies to the two parties.."
Carl Boggs The End of Politics

Our Agenda

The Nemesis Project is a Western Australian based civil society project that aims to shed light on everyday examples of corporate power and bring corporations under civil society and citizen control. We aim to highlight the ways that people are affected on a daily basis by corporate power.

We comprise a network of people and groups concerned that corporations and business have become too powerful and dominant within our society. Corporations and business have extended their power and influence into many sectors and aspects of life that should be preserved for the public good.

Corporations now exercise control over most aspects of the economy and society and use their power and money to exert control over the democratic process. In many cases the power and wealth of corporations and business have outgrown the restraints of democracy.

Although there is considerable concern about these issues efforts to address the problems have been limited and when they exist, fragmented. Strategies are needed to explore and structurally challenge the power exercised by corporations and business. The Nemesis project aims to develop an agenda to address the underlying causes of problems generated by corporate power and domination.

This blog is the first step in developing a citizen's agenda to re balance the relationship between corporate power and the power of ordinary Australians.

The Nemesis Project is an initiative of the WA Social Justice Network.