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Multinational Corporations and Global JusticeHuman Rights Obligations of a Quasi-Governmental Institution$
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Florian Wettstein

Print publication date: 2009

Print ISBN-13: 9780804762403

Published to Stanford Scholarship Online: June 2013

DOI: 10.11126/stanford/9780804762403.001.0001

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A Plea for Global Justice

(p.1) Chapter 1 Introduction
Multinational Corporations and Global Justice
Stanford University Press

Globalization is a paradox: it is supposed to bring people closer together, yet its individualistic and competitive stance has driven them apart; it produces lavish and excessive wealth but also gives rise to extreme poverty, starvation, and inequality. This book argues that multinational corporations (MNCs) are agents of global justice. It offers an inquiry into the foundations of rights-based global justice, analyzes MNCs' quasi-governmental roles, and examines their obligations of (global) justice. In order to complete the conceptual foundations of the theory of the quasi-governmental institution, the book considers the systematic relationship between the concepts of power and authority. It then discusses the main normative assumptions behind three distinct current approaches to interpreting corporate responsibilities: the neoclassical business model, conventional concepts of corporate social responsibility and corporate citizenship, and the current debate on business and human rights. It concludes by presenting a holistic framework or taxonomy of obligations of justice for the quasi-governmental institution and assessing the implications of such an approach for the quest for global democracy.

Keywords:   multinational corporations, global justice, globalization, corporate social responsibility, corporate citizenship, human rights, quasi-governmental institution, democracy, power, authority

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