Governing global business Article Example | Topics and Well Written Essays - 2000 words

Governing global business - Article Example Galbraith asserts that the classical economy theories were only true in the past millenniums and argues that those were the days when the society lived in poverty. The current civil society has advanced from the poor lifestyle to affluence and as a result, a completely new economic theory has developed. The businesses have developed and they are turning from local to global marketing, most of the business ventures are forced to put in place a frame work of operation that embraces accountability and global recognition otherwise they would greatly degrade their technique. There are many small organisations that have come together to fight for fare trade that would ensure corporate responsibility. Galbraith argues that as the society becomes more affluent, the trends in economic theory should also change towards generating consumer demand artificially. Business ventures have to advertise so as to create that need in their customers and produce commercial goods and services; this has brought about neglect to the public sector (Galbraith & Galbraith 2007). Galbraith asserts that with the wealth around, many people for example Americans may tend to purchase luxurious items while their backyard was polluted and their children attended poorly managed schools. He also argues that the presence of the market alone would under supply or totally fails to provide for a lot of consumer goods to the general public while private commodities would be characteristically over provided due to the advertising process which effectively creates an artificial demand above the individual's fundamental requirements. Galbraith advocates for regulated consumption of certain products by imposing greater consumption taxes with grounds that would be a better form of taxation compared to labour and land taxes. Legislating the corporate responsibility to meet the expectations of multi-national democracy. These regulations need the intervention of bodies like European Union, national governments and other non-governmental organisations. The increasing influence of TNCs on the global market is posing a threat to some governments and small businesses and hence it should be tamed to attain global responsibility (Galbraith & Galbraith 2007). TNC Power and Globalization Most of the trans-national corporations have resulted in abuse of human rights (in terms of salaries and goods) since they have attained sudden domination and unexplained powers over the political and economic scene. The need for decentralized power and the complicated relationship of the regulation and influence that is typical for today's economy pose a challenge to the accountability and responsibility of advertisements and the safeguarding of the human rights (Galbraith & Galbraith 2007). Globalization is the major motivation factor to the emergence of the trans-national corporations and multinational business ventures as the major players in the international stage. Since these corporations have high economic capabilities, they tend to override their ability and operations to influence or manipulate political and ec

UK Immigration Policies Exclude Asylum Seekers Essay

UK Immigration Policies Exclude Asylum Seekers - Essay Example Most of the UK local councils and Government organizations define an asylum seeker as â€Å"someone who enters its territory, seeks refugee status and awaits a decision by its Government on his / her application† (London Borough of Hammersmith and Fulham, n. d.). This means that anyone who enters the UK territory for some reasons of persecution from another country and applies for a refugee status remains officially an asylum seeker as long as the application remains pending. Asylum seekers whose applications are accepted would become refugees. But, part 6 of the 1999 Immigration and Asylum Act of the UK explains that the term ‘asylum seekers’ also includes those â€Å"who have made no claim for protection under the 1951 Convention relating to the Status of Refugees and its Optional Protocol of 1967†. The term also includes those people who have children under the age of 18 but failed in their asylum claim (Harvey, 2002: 189). There are researchers who correctly think that a clear-cut definition is lacking for these terms resulting in confusion on a relationship between asylum and international protection (Kourala, 1997: 274). Several countries have their own independent immigration laws and policies to deal with the asylum seekers and the UK has also been pursuing its own immigration policy. The policy has surely an objective to achieve. A close examination of its policies and laws reveal that the policies are guided by the objective of discouraging the increasing number of immigrants entering the country. Available literature on immigration and asylum seekers suggests that majority of the UK people, like the other Europeans, are ready to accept the increasing inflow of immigrants on the condition that immigrants learn all types of skilled work, that they do not seek full welfare benefits and that they accept and adopt the host culture (Liddle and Diamond, 2006: 26).