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...response, companies scrambled to put together codes of conduct and teams of auditors. Bigger firms either set up their own monitoring departments or hired auditing firms to check up on their overseas factories. Gap, the U.S.-based retailing giant, now has a staff of about 90 overseeing working conditions in factories that supply its clothes, and last year it conducted 4,927 inspections in 1,879 factories worldwide. Such initiatives are part of a much broader effort by Western firms to embrace the tenets of corporate social responsibility (CSR). Annual reports today glow with descriptions of companies' attempts...
...these same places collaborate on factory monitoring. Six months later Levi Strauss followed, and today is working with 15 other firms in 130 factories. Resources that once went to monitoring are now used on training overseas management, says Kobori, helping to create an environment in which factories have a bigger stake in how they are run. Even before that, Levi Strauss was moving away from its old monitoring system, taking what Kobori calls "a more anthropological, fieldwork" approach to gathering information. Rather than merely interviewing managers, or speaking with employees inside the factory, monitors would seek out workers...
...bigger question is whether the now nine-year-long rise in energy prices is at a definitive end, and to that, Rainwater offers a clearer answer: No way. He began formulating his big oil bet after reading the 1992 book Beyond the Limits, a wonky, statistics-driven--and extremely frightening--follow-up to the famed and controversial 1972 Club of Rome report on resource depletion, The Limits to Growth. Since then he's remained an avid consumer of the more apocalyptic visions (war, global economic collapse) of what could happen as oil production peaks. "This is the first scenario...
...fourth album, Viva la Vida, out June 17, Martin has volunteered that his band isn't as good as Radiohead or U2 and that cultural dominance arrived before it was earned. The goal on Viva la Vida, he's said, was to "get better rather than bigger"--which explains the choice of Brian Eno as co-producer. Eno, 60, was a founding member of Roxy Music but gained his greatest fame as the composer of such endearingly odd ambient albums as Music for Airports and as the producer behind U2's sonic leap on its fourth album, The Unforgettable Fire...
Coldplay has already proved itself critic-proof, and whether it wants to be any bigger or not, the odds are that Viva la Vida will be one of the top sellers of 2008. Ubiquity will remain theirs. But having risked a bit, Coldplay has also gained. It's pretty tough to call the band insufferable. Imperfect, maybe...