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Amazon, Tesla and Meta among world’s top companies undermining democracy – report
Corporations such as ExxonMobil and Blackstone also big funders of climate crisis, new trade union report finds
Some of the world’s largest companies have been accused of undermining democracy across the world by financially backing far-right political movements, funding and exacerbating the climate crisis, and violating trade union rights and human rights in a report published on Monday by the International Trade Union Confederation (ITUC).
At Amazon, the report notes the company’s size and role as the fifth largest employer in the world and the largest online retailer and cloud computing service, has had a profound impact on the industries and communities it operates within.
“The company has become notorious for its union busting and low wages on multiple continents, monopoly in e-commerce, egregious carbon emissionsthrough its AWS data centres, corporate tax evasion, and lobbying at national and international level,” states the report.
Glencore, the largest mining company in the world by revenue, was included in the report for its role in financing campaigns globally against Indigenous communities and activists.
Blackstone, the private equity firm led by Stephen Schwarzman, a billionaire backer of Donald Trump, was cited in the report for its roles in funding far-right political movements, investments in fossil fuel projects and deforestation in the Amazon.
“They’re playing the long game, and it’s a game about shifting power away from democracy at every level into one where they’re not concerned about the effects on workers – they’re concerned about maximizing their influence and their extractive power and their profit,” added Brogan. “Now is the time for international and multi-sectoral strategies, because these are, in many cases, multinational corporations that are more powerful than states, and they have no democratic accountability whatsoever, except for workers organized.”
When discussing the cause of many political problems, corporations tend to fly under the radar. Their influence is often overlooked and the fact that the larger ones are in many ways as powerful as nation states but function on a basis of autocratic authoritarian top down decision making rarely if ever discussed.
Corporate power and influence is something that needs to be actively fought. Their interests are not your interests and often they aren't our country's interests either. What isn't even mentioned in this article is that one time Elon openly backed a coup of a democratically elected leader in Bolivia because that leader threatened to be less friendly towards his businesses.

After Bolivia, Elon Musk says capitalists can overthrow any government they want
Billionaire Tesla owner Elon Musk has come under fire after welcoming last year’s overthrow of Bolivian president Evo Morales in what was seen as a bid to obtain the country’s lithium reserves. In response to a tweet on Saturday that accused the U.S.

If democracy is to survive we need to recognize the existential threat powerful multinational corporations pose.