Our record on labor practice is far from spotless. Publicly owned corporations have not always been responsive to demands for increased financial disclosure. But I believe that businesses around the world are beginning to recognize the full implications of globalization. I also believe that business, rather than government, must accept primary responsibility for addressing those implications. Let me quote from the Caux Round Table Position Paper.
Global business stands at the crossroads of the fundamental changes taking place in the world.
The CRT believes that business has a crucial role in helping to identify and promote solutions to issues that impede the development of a society that is more prosperous, sustainable and equitable . I agree 100 percent . I also endorse a cooperative effort. But I strongly believe that business must lead this effort. Governments still place national agendas above global interests.