Which is the world’s worst company? | INFJ Forum

Which is the world’s worst company?

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Dec 16, 2011
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Which is the world’s worst company? - http://newint.org/blog/2013/01/11/public-eye-awards-2013/


Reputation isn’t always a good thing. In an age of ‘corporate social responsibility’, corporations definitely don’t want to be known as ‘the worst company of the year’.

The Public Eye Awards have been airing the dirty washing of nominated companies since the year 2000 as a counter event to the World Economic forum in Davos, Switzerland, where the business and political élite meet annually.

Run by NGO Berne Declaration and Greenpeace, the two titles bestowed on the lucky companies are the publicly decided People’s Award and the Jury Award, decided by a panel.

More than 88,000 people voted in 2012, with mining firm VALE and Barclays Bank winning the awards. Barclays was nominated for driving up food prices, but by the end of the year it had hinted it would quit food speculation.

The Public Eye Awards 2013 will be made on Thursday 24 January at an international press conference. Battling it out are:

Alstom

The stench of corruption follows French energy and transport company Alstom across the globe as scandal after scandal hits. It has regularly been accused of bribing local politicians in order to secure contracts, despite more than one fine and some subsidiaries being excluded from the World Bank.

Coal India

The world’s largest coal producer operates 90 per cent of India’s coal mines. It has been nominated because of the destruction of animal habitats and displacement of people from their homes and livelihoods which is brought about by its fast-breeding mining projects. Their workers are said to face dangerous conditions; in 2010, 205 workers died. Surface mining in India is a massive threat to the Indian tiger.

G4S

2012 was the year that G4S incompetence made British headlines with alarming regularity, but Olympic security blunders were just the tip of the iceberg. The British firm has around 650,000 employees working in security and boasts the largest private army in the world. Operating in 125 countries, it has faced accusations which include violations of international law and human rights. And as state-run services are increasingly outsourced we are likely to see a lot more of G4S in 2013.

Goldman Sachs

Described as ‘the vampire of finance capital’ by the Awards, and with a former employee describing the environment within the company as ‘toxic and destructive’, Goldman Sachs stands accused of taking massive fees to hide half of Greece’s public debt through accounting trickery. And with a quarter of Greeks now at risk of poverty, Goldman Sachs is apparently laughing all the way to the bank — it will clear $10 billion from the crash.

Lonmin

In 2012, 44 striking mine workers at the Marikana Mine in South Africa were shot dead by police and over 60 were seriously injured. The miners were employees of Lonmin, the world’s third-largest mining company. Lonmin management had urged action to be taken against protesters. After the deaths of their employees, the company threatened any workers continuing to strike with dismissal.

Repower

Repower is likely to be getting a few votes from Calabria in Italy, where it is building a coal-fired power plant despite local opposition. Repower is reportedly ploughing resources into its propaganda effort, and its political consultant apparently insulted opponents on local television by calling them alcoholics. The region is also in the heart of Mafia-land, so doing business with them seems inevitable.

Shell

Perhaps the biggest name on the list, Shell could be described as a ‘leader’ in this type of ranking. Shell has been nominated for stepping up the hunt for fossil fuels in the fragile Alaskan Arctic and dropping renewable energy completely from their long-term strategy. Specialists have said that they are aware of no method to recover spilt oil from the Alaskan Arctic and the US government has renewed a review of their activity in the region. The company already strip-mines in the boreal forest as part of the Canadian tar sands, where it is the third-largest operator.


http://www.publiceye.ch/en/vote/
The Public Eye People's Award went to Shell

The Public Eye Jury Award went to Goldman Sachs
 
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There are many people in this world it wouldn't be wise to put me in a room with. Not because I would ever resort to physical violence. Physical violence's effect only lasts so long and as such is completely ineffectual. No, I would confront a persons consciousness on a level that would alter their existence permanently and in accordance to how forgiving I may be feeling on that day.

These are the people that either through intention or ignorance, screw the world. For me, these would be the worlds worst company.
 
None of them hold a candle to Monsanto. They're probably up there with super-villain-mad scientist evil. Even Shell looks like a Boy Scout troop compared to them.
 
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Talon Company.
 
The reserve bank of America.

Agreed, I think the Fed Reserve wins it hands down.

Monsanto is beyond evil as well, if the devil wanted to personify himself as a corporation, Monsanto would be high on the list.
 
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Yeah all these corporations everyone has mentioned are bent on controlling the people of the world and in maintaining control by a corporate elite; they are not independent bodies though they are all interconnected and overlapping into a network of control

Dean Henderson's book: ''Big Oil and their bankers in the persian Gulf'' lays the network bare for all to see

I can't recommend this book enough. It's bursting at the seems with info....the guy's research is.....thorough

Buy it, read it and then pass it on!
 
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I'm still going to say Monsanto's the worst of them. I've even talked to very decidedly Conservative people who agree Monsanto should be put out of commission forever.

One company owning over 90% of the seeds in the world far outweighs any of the evils a Big Oil company can do. At worst, an Oil company will make us all turn to the Amish for advice when the shit hits the fan. What happens when every food crop in the world is invaded by a super weed that can't be killed and can only produce one type of plant? What happens when the ground becomes so infertile that nothing else can grow and more and more chemicals are needed to produce even less food?
 
I'm still going to say Monsanto's the worst of them. I've even talked to very decidedly Conservative people who agree Monsanto should be put out of commission forever.

One company owning over 90% of the seeds in the world far outweighs any of the evils a Big Oil company can do. At worst, an Oil company will make us all turn to the Amish for advice when the shit hits the fan. What happens when every food crop in the world is invaded by a super weed that can't be killed and can only produce one type of plant? What happens when the ground becomes so infertile that nothing else can grow and more and more chemicals are needed to produce even less food?

I don't disagree with what you're saying here i'm just making the point that the same network of people behind big oil are the same network behind Monsanto

The positive thing is that the people at the top of the control pyramid represent a tiny proportion of humanity! The tricky part is going to be in knocking the capstone off
 
Companies create jobs and give value to others. I guess the answer would be a company that made something useless and paid their staff too little.
 
Companies create jobs and give value to others. I guess the answer would be a company that made something useless and paid their staff too little.

The answer could be in cooperatives or in change of system altogether or in reform of the current system

The current system in its current guise of neoliberalism is about manufacturing then keeping massive wealth inequalities by moving wealth from the many to the few leaving more and more people unemployed and reliant on food banks
 
I'm fond of the social enterprise model. Obviously there is still scope for the top cheeses to be paid very high salaries, but they are basically run separate to government (so you avoid some of the pitfalls of government control), but reinvest all their profits back into delivering value.

I think the only danger here would be mismanagement, especially if the social enterprise received government funding.
 
Why Monsanto has been able to get away with what it has done so far:

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My period. She's the friend who always overstays her welcome. :D

... no wait, this could be a toss up with my Mother In Law.
 
Xbox. (Microsoft)
 

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Xbox. (Microsoft)

Yeah that was a sneaky one....they snuck that on in the back door....first you get everyone addicted to computer games then you manufacture computer consoles that will spy on people and people will acquiesce because they have become addicted to the computer
 
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Monsanto wins hands down. They might be as bad as all the baddies in finance and energy combined. Hurting a nations economy and pollution the environment are both bad, but once you know about Monsanto's use of GMO's in India and other countries, a debt crisis and Alaskan drilling don't seem so bad.

Raj Patel discusses the issue in Stuffed and Starved, which is a book I highly recommend if you want to have a clue about the world food system.