The ''Multinational Monitor'' was a bimonthly magazine founded by
Ralph Nader
Ralph Nader (; born February 27, 1934) is an American lawyer and political activist involved in consumer protection, environmentalism, and government reform causes. He is a Perennial candidate, perennial presidential candidate. His 1965 book '' ...
in 1980. It was published by
Essential Information. The magazine was formerly published on a monthly basis. Although its primary focus was on the analysis of
corporation
A corporation or body corporate is an individual or a group of people, such as an association or company, that has been authorized by the State (polity), state to act as a single entity (a legal entity recognized by private and public law as ...
s, it also published articles on
labor
Labour or labor may refer to:
* Childbirth, the delivery of a baby
* Labour (human activity), or work
** Manual labour, physical work
** Wage labour, a socioeconomic relationship between a worker and an employer
** Organized labour and the labour ...
issues and
occupational safety and health
Occupational safety and health (OSH) or occupational health and safety (OHS) is a multidisciplinary field concerned with the safety, health, and welfare of people at work (i.e., while performing duties required by one's occupation). OSH is re ...
, the
environment,
globalization
Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. This is made possible by the reduction of barriers to international trade, th ...
,
privatization
Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation w ...
, the
global economy
The world economy or global economy is the economy of all humans in the world, referring to the global economic system, which includes all economic activities conducted both within and between nations, including production, consumption, econ ...
, and
developing nations
A developing country is a sovereign state with a less-developed industrial base and a lower Human Development Index (HDI) relative to developed countries. However, this definition is not universally agreed upon. There is also no clear agreemen ...
.
The headquarters of the magazine was in Washington DC.
It was a
non-profit
A nonprofit organization (NPO), also known as a nonbusiness entity, nonprofit institution, not-for-profit organization, or simply a nonprofit, is a non-governmental (private) legal entity organized and operated for a collective, public, or so ...
and
advertising
Advertising is the practice and techniques employed to bring attention to a Product (business), product or Service (economics), service. Advertising aims to present a product or service in terms of utility, advantages, and qualities of int ...
-free publication.
The last issue (according to the magazine's website) had a cover date of May/June 2009; this magazine may now be permanently defunct, though the website still contains a very thorough archive of past issues.
Recurring features
10 Worst Corporations
Since 1992 ''Multinational Monitor'' published an annual index recapping the activities and policies of ten corporations who demonstrated particularly egregious behavior.
Lawrence Summers Memorial Award
Each issue declared the bimonthly recipient of the Lawrence Summers Memorial Award, an award given in satirical honor of
Lawrence Summers
Lawrence Henry Summers (born November 30, 1954) is an American economist who served as United States Secretary of the Treasury from 1999 to 2001 and as the director of the National Economic Council from 2009 to 2010. He also served as presiden ...
, the
Secretary of the Treasury
The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal a ...
under
Bill Clinton
William Jefferson Clinton (né Blythe III; born August 19, 1946) is an American politician and lawyer who was the 42nd president of the United States from 1993 to 2001. A member of the Democratic Party (United States), Democratic Party, ...
and later
President of Harvard University
The president of Harvard University is the chief academic administration, administrator of Harvard University and the ''Ex officio member, ex officio'' president of the President and Fellows of Harvard College, Harvard Corporation. Each is appoin ...
, given to companies that "take extraordinary leaps to justify unethical practices." The award referred to the infamous
Summers memo written by Summers' aide
Lant Pritchett in 1991, when Summers was the
World Bank
The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...
's Chief Economist. The memo advocated transferring toxic waste and pollution from developed countries to least developed countries. (Summers later stated the memo was meant to be satire.)
See also
*
Corporate crime
*
Criticisms of corporations
*
List of corporate scandals
*
Multinational corporation
A multinational corporation (MNC; also called a multinational enterprise (MNE), transnational enterprise (TNE), transnational corporation (TNC), international corporation, or stateless corporation, is a corporate organization that owns and cont ...
References
{{Reflist
External links
Official website
Advertising-free magazines
Bimonthly magazines published in the United States
Business magazines published in the United States
Monthly magazines published in the United States
Defunct political magazines published in the United States
Defunct magazines published in the United States
Magazines established in 1980
Magazines disestablished in 2009
Magazines published in Washington, D.C.
Modern liberal magazines published in the United States