Multinational corporations (MNCs) have provoked considerable debate about
the issues of "efficiency" and "social justice." The simultaneous surge
in economic growth and inequality has led to serious implications for
economic rights in developing countries. Using a rights-based perspective,
we argue that in the human rights area the responsible party is generally
the state. In the context of neoliberal globalization, however, the
wrongdoers are often corporations. Reliance on state duties alone may
not be sufficient to broadly protect human rights. Certain corporate behaviors are
detrimental to internationally recognized norms of human rights. Although
private actions, media exposure, and lawsuits based on civil law appear to
be the only practical way to put the pressure on MNCs, it is important
to examine the possibility of an outside governing body to hold in
check unfettered global capitalism and to bring accountability to MNCs'
policies that are socially detrimental.
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