How does the size of governments and corporations compare? To answer this question, I identified one metric often used to measure the size of organizations: annual revenues. I then found a source for annual revenues for governments, The CIA World Fact Book and another for corporations, The Global Fortune 500 List. Both provided data for 2014. The results below show that of the 100 governments and corporations with the highest annual revenues in 2014, 63 are corporations and 37 are governments. Previous analysts have compared corporations to national economies, a different measure. In 2000, Anderson and Cavanagh found that of the 100 largest economies in the world, 51 were global corporations and 49 were countries. In 2012, the economic analyst D. Steven White listed the top 175 “economic entities” in the world for 2011, using GDP for nations and revenues for corporations. Of these, 63% were corporations and 37% were nations.
Statement of Matthew L. Myers, President, Campaign for Tobacco-Free Kids
As they complete negotiations on the Trans-Pacific Partnership (TPP) trade agreement, the United States and the 11 other countries involved must ensure the final agreement protects the right of participating nations to adopt public health measures to reduce tobacco use and prevents tobacco companies from using the TPP to attack such measures.
August is a time for vacations and reading on the beach—or in an air-conditioned library. For those dedicated Corporations and Health Watch readers who can’t resist an opportunity to find out more about how corporations influence well-being, here are a few recent novels that provide additional insights into this process. For those who worry about the quality of the scientific evidence in these accounts, remember it was the public outrage generated by Upton Sinclair’s novel The Jungle that played a key role in creating the United State Food and Drug Administration in 1906.
A new film, The Yes Men are Revolting, shows activists using humor and spoof to fight corporate greed in villages in Uganda, toxic oil fields in Canada, and elsewhere by taking on big oil, lobbyists, and the U.S. government.
Here are some of the headlines from the past few weeks: 34 million cars outfitted with dangerously defective airbags have been recalled; passenger trains and oil trains have derailed, putting commuters and communities at risk; nail salon workers are being exposed to dangerous conditions and abusive employers. What these stories have in common is a regulatory process that is too slow and too captured by industry to protect Americans. Instead of attacking regulations, Congress should be empaneling committees to investigate why regulations are so slow to be issued and so poorly enforced.
But now a group of U.S. senators led by U.S. Sen. Mike Rounds (R-S.D.) is calling for a new, permanent, bicameral committee to review and recommend eliminating federal safeguards. The proposed committee could Continue reading Congress Forms Anti-Regulatory Committee Instead of Protecting Americans→
A new study posted on the Social Sciences Research Network by James W. Coleman at the University of Calgary in Canada compares the statements that oil companies make to regulators and to investors. The abstract is below.