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Forum 2008

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  • Peter Newell

Abstract

type="main" xml:lang="en"> This contribution locates the contemporary debate about corporate social responsibility (CSR) and development within ongoing historical struggles to define the appropriate relationship between business and society. It questions the ‘fetishization’ of regulation as a palliative on the grounds of the assumptions it makes about the nature and capacity of states, markets and civil society alike to deliver effective reform, and the division it presumes between the interests of the state and capital in particular. It identifies CSR as a response to a legitimacy crisis within contemporary neoliberalism in general, one faced by global corporations in particular as its most public face, but one which potentially distracts our attention from the interventions which are necessary to address the twin challenges of alleviating poverty and achieving sustainability. Issues of distribution, mobility and consumption are identified as examples of areas of active neglect in the CSR field that deserve more attention if corporations are to make a greater contribution to poverty alleviation.

Suggested Citation

  • Peter Newell, 2008. "Forum 2008," Development and Change, International Institute of Social Studies, vol. 39(6), pages 1063-1078, November.
    • Handle: RePEc:bla:devchg:v:39:y:2008:i:6:p:1063-1078
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    File URL: http://hdl.handle.net/10.1111/j.1467-7660.2008.00530.x
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    References listed on IDEAS

    as
    1. Wade, Robert Hunter, 2003. "What strategies are viable for developing countries today? The World Trade Organization and the shrinking of ‘development space’," LSE Research Online Documents on Economics 28239, London School of Economics and Political Science, LSE Library.
    2. Peter Newell, 2001. "Managing multinationals: the governance of investment for the environment," Journal of International Development, John Wiley & Sons, Ltd., vol. 13(7), pages 907-919.
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