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As corporations continue to think globally, the rapidly deteriorating state of the environment is demanding that they act locally-now. This program brings together the president of the World Bank and visionary corporate leaders to map out a plan for a sustainable future that everyone can live with. British Petroleum, an industry giant committed to reducing greenhouse gases; the Otto Group, a German conglomerate that factors environmental protection...
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Some call it a winner-take-all opportunity. Others call it the exploitation of scarcity in its most extreme form. This program challenges big business's alarming rush to commodify the world's common resources-things as basic to life as drinkable water and human genes. Proponents of the common good square off against promoters of "business as usual," speaking out on controversial issues including exporting water from Canada, creating hybrid crop seeds...
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As traditional cattle-raising by independent producers is displaced by the intense livestock production of agribusiness giants, consumers are paying the price. This in-depth program examines the practices of North American meat multinationals, which raise livestock on huge feedlots. Genetic engineering, growth hormones, antibiotics, the monopolization of world markets, and other issues are addressed, along with concerns that these beefed-up cattle...
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This NewsHour program scrutinizes the state of business ethics in an America riddled with financial fraud. In segment one, correspondent Paul Solman and Columbia Business School's Barbara Toffler cite Arthur Andersen and Stew Leonard, Sr., as examples of ethics gone awry. Segment two gathers the opinions of veteran business journalists Adam Smith, Carol Loomis, Allan Sloan, Jim Grant, and Andrew Tobias on the practices of Enron, Tyco, Morgan Stanley,...
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Archaic models of global commerce assume that all parties will benefit equally from free trade. But well-documented exploitation of workers in the developing world has convinced many experts of the need for stronger fair trade practices. This program reports on the efforts of socially concerned entrepreneurs and leaders to safeguard the interests of foreign farmers, producers, and laborers. Bob Stiller, president and founder of Green Mountain Coffee...
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For decades, experts have hailed microcredit as the paramount solution to global poverty. But there is a lesser-known version of that story in which Grameen Bank founder Mohammad Yunus and other promoters of miniaturized finance appear to serve mostly their own interests. Bringing to light a range of potentially unethical practices and policies, this program explores the microcredit system that has been implemented across much of the developing world....
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Have chocolate manufacturers turned a blind eye to child trafficking and de facto slavery on African cocoa farms? This program investigates, following a trail of misery that begins at a confectionary trade show in Germany, continues on through the villages of southern Mali and the cocoa plantations in neighboring Cote d'Ivoire, and finishes up in Switzerland on the doorstep of one of the world's largest confectionary companies, a signer of the 2001...
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The old saying about imitation and flattery is of little consolation when forged products wreak havoc on consumers. Merchants and manufacturers suffer too, as the global traffic in counterfeit goods bypasses most honest forms of business. This program follows investigators as they track the flow of fake name-brand items around the world. Filmed in Asia, Africa, and Europe, the video shows how worthless or low-quality knockoffs are disguised as legitimate...
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Patterns of urbanization and poverty are playing an increasingly heavy role in the debate over globalization and market regulation. In a hard-hitting analysis of the issues, this program assembles a wide-ranging set of opinions from scholars and experts-as well as from ordinary individuals around the world who face urban hardships and obstacles to their livelihoods every day. Commentators include economists Jeffrey Sachs and 2008 Nobel Laureate Paul...
10) The Love economy
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What forms the bedrock of America's wealth? Home ownership? Small businesses? Wall Street? This program lays out an entirely different economic conception, pointing to the vast amount of unpaid labor and services that keep the rest of society afloat. Riane Eisler, author of The Real Wealth of Nations, analyzes the significance of volunteer work, medical support provided by family members, and other hidden or uncompensated labor. Activist Vandana Shiva...
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In Malaysia, the lucrative palm oil business is stirring global controversy. Vietnam has a burgeoning tourism industry-and is under pressure not to develop it in the manner of neighboring Thailand. This program examines those issues as it traverses both countries, illuminating the balancing act between development, environmental stewardship, and the rights of indigenous peoples. Nguyen Quy Phuong describes his challenges as deputy director of Vietnam's...
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This program travels to tea estates in Sri Lanka, Kenya, India, and Bangladesh-some traditional, some fair trade-to expose unsafe work environments and labor exploitation. Finding little meaningful difference between fair trade and non-fair trade operations, questions arise: Are fair trade organizations such as the E.U.'s Max Havelaar Foundation being duped by tea growers? Or are growers doing the best they can in a brutal industry and a market that...
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With hundreds of thousands of employees worldwide, a net worth in the billions, and a dozen brands, General Motors is at the center of the political debate over globalization, the environment, and the future of the U.S. economy. In this program, GM President and CEO Rick Wagoner talks with BBC Chief Washington Correspondent Matt Frei. Topics under discussion include America's unending love affair with cars, the environmental impact of automobiles,...
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Can global corporations remain profitable while also fostering social consciousness, environmental stewardship, and respect for local laws? This program explains why that is not only possible but necessary in the age of international business. Corporate accountability guru Dr. Simon Zadek describes what it means for powerful companies to behave conscientiously, while Profits with Principles coauthor Jane Nelson discusses the UN Global Compact concerning...
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The Koran strictly forbids charging, earning, or incurring interest-a tenet that has kept the Islamic world from fully participating in global financial systems. But, thanks to a range of innovations, the ban is now seen as a building block in many of Asia's emerging economies. Visiting bustling commerce centers in Malaysia and Bangladesh, this program reports on the growing significance of Sharia-compliant trade and finance regulations. The discussion...
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Every year, more people learn about the Fairtrade organization and buy Fairtrade-approved products. What are the benefits of Fairtrade certification and how does the system work? This program explains, using case studies of Fairtrade's activities and interviews with individuals involved in the organization. Viewers learn about the meanings behind the Fairtrade label, how the Fairtrade premium is determined and applied to pricing, and how the group...
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While many nations and communities benefit from the fast track to globalization, others are in danger of being left behind. This program explores concepts embodied in the mantra, "Think globally, act locally," focusing on businesses and organizations that help to revitalize isolated and disadvantaged areas, thereby expanding access to the wider economy. Judy Wicks, founder of Philadelphia's White Dog Cafe, details her company's policy of buying from...
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Businesses across the globe are embracing an environmentally sensitive approach-not only to maintain credibility and protect the bottom line, but also to attract the best employees. This program explores policies, work habits, and advantages often found in green workplaces. Highlighting the overlap between environmental and corporate culture, the video introduces business leaders and sustainability experts who discuss eco-friendly strategies, best...
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What will it take to create an eco-friendly global economy? This program addresses the financial, technological, and organizational obstacles that must be overcome before human society and planet Earth can truly coexist. Drawn from the series Ethical Markets: Growing the Green Economy and futurist Hazel Henderson's book by the same title, the program contains powerful insights from engineers, energy experts, venture capitalists, and product development...
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Women are still rare at the top rung of the banking industry, both in the West and in the Islamic world. However, a number of Malaysia's Sharia-compliant financial companies offer excellent examples of the glass ceiling cracking. This program follows women who specialize in Islamic finance while forging careers which, in many ways, resemble those of Western career women. Fozia Amanulla discusses her goals and responsibilities as CEO of EON Cap Islamic...