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Review Magazine - Politics

Ten Worst Corporations of 2000

Named By Multinational Monitor

By Robert E Martin

 

 
As we begin the third Millennium with multinational corporations driving

the majority of our socio-economic-political structure, it is important for

us to focus upon the serious problems presented by those errant 'citizens

of the world' that are creating damage without facing repercussions.
Ford/Firestone, Glaxo Wellcome, Lockheed Martin and Smithfield Foods were

among the most irresponsible corporations of Y2K, according to the Ten

Worst Corporations of the Year list released annually by Multinational

Monitor Magazine.
Other companies on the list are: Aventis, BAT, BP/Amoco, Phillips Petroleum

and Titan International.
"The nation is beset by an epidemic of corporate crime and misconduct,"

says Russell Mokhiber, editor of the Corporate Crime Reporter and a

co-author of Multinational Monitor's "Ten Worst Corporations of the Year."

"The ten worst corporations are just the tip of the iceberg."
"The 'Ten Worst Corporations of the Year' highlight in stark terms the

consequences of corporate power run amok," says Robert Weissman, editor of

Multinational Monitor and co-author of the story. "These include

despoilment of the natural environment, infliction of preventable disease,

smashing of unions, invasions of privacy, corruption of democracy, and

more."
The Ten Worst Corporations of the Year appears in the December 2000 Issue

of the Ralph Nader-founded Multinational Monitor, the thirteenth time the

magazine has released the list.
The companies appearing on this year's list earned their spot for the

following reasons:
o Aventis: Contaminating the food supply (Taco Bell shells and more) with

genetically engineered crops not approved for human consumption.
o  BAT: Promoting and facilitating cigarette smuggling on a massive, global

scale.
o  BP/Amoco: Multiple fines and payments for environmental violations and

failure to pay royalties to the federal government.
o  Doubleclick: Rubbing against the edge of internet privacy protections.
o  Ford/Firestone: Placing the lethal combination of Ford Explorers and

Firestone tires on the road, and not removing them after learning of the

hazard.
o  Glaxo Wellcome: Blocking efforts to distribute cheap, generic AIDS drugs

in poor African countries.
o  Lockheed Martin: Testing a toxic component of rocket fuel on humans.
o  Philips Petroleum: Operating a deadly petrochemical facility in Houston

- a March explosion was the complex's third fatal accident in 11 years.
o Smithfield Foods: Consolidating the meat packing business to the

detriment of family farms, and spreading factory farms that are polluting

rural America.
o  Titan International: Ongoing strikebreaking attempt against

approximately 1,000 members of the United Steelworkers of America.
The full story, "The Ten Worst Corporation of the Year," is posted at

http://www.essential.org/monitor/mm2000/00december/enemies.html.

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