Watch videos with subtitles in your language, upload your videos, create your own subtitles! Click here to learn more on "how to Dotsub"


0 (0 Likes / 0 Dislikes)
As today's chairman of Goodyear knows for corporations to dominate government a coup is no longer necessary. Corporations have gone global and by going global the governments have lost some control over corporations regardless of whether the corporation can be trusted or can not be trusted governments today do not have over the corporations the power that they had, and the leverage they had, 50 or 60 years ago. And that's a major change. So governments have become powerless compared to what they were before. Capitalism today commands the towering heights and has displaced politics and politicians as the new high priests, and reigning oligarchs of our system. So capitalism and its principle protagonists and players corporate CEOs have been accorded unusual power and access. This is not to deny the significance of government and politicians but these are the new high priests. I was invited to Washington D. C. to attend this meeting that was being put together by the National Security Agency called the Critical Thinking Consortium. I remember standing there in this room and looking over on one side of the room and we had the CIA, NSA, DIA, FBI Customs Secret Service and then on the other side of the room we had Coca Cola, Mobile Oil, GTE and Kodak. And I remember thinking, I am in the epicentre of the intelligence industry right now. I mean the line is not just blurring it just not there any more. And to me it it spoke volumes as to how industry and government were consulting with each other and working with each other. As 34 nations of the western hemisphere gathered to draft a far reaching trade agreement, one that would lay the groundwork to privatize every resource and service imaginable, thousands of people from hundreds of grassroots organizations joined to oppose it. Canada's top business lobbyists and its chief trade representative discount the dissent in the streets. For them the Americas 800 million citizens speak with one voice. Nice to see you. Well done on your strong advocacy of, amm... truth, justice, wisdom, and all those things, eh? I was looking yesterday at the statements at the inauguration, and opening ceremony. What... what an extraordinary progress (- Absolutely... absolutely...) over the last fifteen years. - When you heard such... open... - A co... a comon language. A common language. Yes, and from the most developed to the least. It was extraordinary that now that we see the benefits of trade, more and more people want to buy in. (- Absolutely...) Because we do realize that it helps everyone. From the poorer to the better off, so... A lot of these countries are not saying they want to get off, they want to get on. Exactly! No one wants out, everyone wants in. - Yeah, yeah... - Anyway, well done. - Thank you. - So far so good. - Good, good! I'm inside and this is all outside. That's... that's the way it is. It's, aam... What do you think when you look at this? Well it's sad. I mean I think that it's too bad, that this has this has erupted. [Democracy LTD] Does the ranted to be some measure of accountability? Yes. And I think the business community recognizes that. But that accountability is in the marketplace, it's with their shareholders. It's with the public perception and the public image that they are projecting. If companies don't do what they should be doing they're going to be punished in the marketplace and that's not what any company wants. There's a new market. These guys and gals aren't out there because governments putting gun to their head. Or because they've suddenly read a book about transcendental meditation and global morality. My inner voice says honour my inner child. Mine says love everyone. My inner voice says ld like a Wendy's Bacon mushroom melt. They're there because they understand. The market requires them to be there. That's their competitive advantage to be there. I'm listening to your concerns. I worry about climate. I worry about pollution. I do not have all the answers to this but we are prepared to work with you, with society, with NGOs, with governments to address it. So you're build the trust, so that you come back to a new kind of trust and then the ultimate goal is then to become the corporation of choice. He believes that almost half our energy can one day come from renewable sources. He's been called a dreamer and a crank. and I've been called a hippie. and more recently a project manager for Shell. I ask myself often times, why so many companies subscribe to corporate social responsibility. I'm not sure it's because they necessarily want to be responsible in an ultimate way, but because they want to be identified and seen to be responsible. But who am I to judge? Who am I to judge? It's better that they belong than they not belong. It's better that they make some public profession than the opposite. Social responsibility isn't a deep shift because its a voluntary tactic. A tactic. A reaction to a certain market at this point. And as the corporation reads the market differently, it can go back. One day you see Bambi next day you see Godzilla. How do you define socially responsible? What business is it of the corporation to decide what's socially responsible. That isn't their expertise, that isn't what their stockholders ask them to do. So I think they're going out of their range and its certainly is not democratic. I don't really care what the chairman of General Motors thinks is an appropriate level of emissions to come out the tailpipe of General Motors automobiles. He may have a lot of scientists, he may be a very good person, but I didn't elect him to do anything. He doesn't have any power to speak for me. These are decisions that must be made by government, and not by corporations.

Video Details

Duration: 8 minutes and 57 seconds
Country: United States
Language: English
Views: 98
Posted by: rafaelmatheus on May 30, 2010

A coup is no longer necessary for the corporation to dominate governments. Capitalism's protagonists and players are the new high priests of our day. Industry and government have become intertwined to the extent that it's hard to tell when one ends and the other begins. But citizens are resisting and protesting their dissent to the centralization of power in corporate hands. The corporation has responded by enacting programs of corporate social responsibility. Are they just a tactic responding to market pressure?

Caption and Translate

    Sign In/Register for Dotsub to translate this video.