Economy of genocide

Francesca Albanese, the United Nations Special Rapporteur on the situation of human rights in occupied Palestine, stands as a testament to the notion of speaking truth to power. This “power” is not solely embodied by Israel or even the United States, but by an international community whose collective relevance has tragically failed to stem the ongoing genocide in Gaza.

Her latest report, ‘From Economy of Occupation to Economy of Genocide,’ submitted to the UN Human Rights Council on July 3, marks a seismic intervention. It unflinchingly names and implicates companies that have not only allowed Israel to sustain its war and genocide against Palestinians, but also confronts those who have remained silent in the face of this unfolding horror.

Albanese’s ‘Economy of Genocide’ is far more than an academic exercise or a mere moral statement in a world whose collective conscience is being brutally tested in Gaza. The report is significant for multiple, interlocking reasons. Crucially, it offers practical pathways to accountability that transcend mere diplomatic and legal rhetoric. It also presents a novel approach to international law, positioning it not as a delicate political balancing act, but as a potent tool to confront complicity in war crimes and expose the profound failures of existing international mechanisms in Gaza.

Two vital contexts are important to understanding the significance of this report, considered a searing indictment of direct corporate involvement, not only in the ongoing Israeli genocide in Gaza, but Israel’s overall settler-colonial project.

First, in February 2020, following years of delay, the UN Human Rights Council (UNHRC) released a database that listed 112 companies involved in business activities within illegal Israeli settlements in occupied Palestine. The database exposes several corporate giants – including Airbnb, Booking.com, Motorola Solutions, JCB, and Expedia – for helping Israel maintain its military occupation and apartheid.

This event was particularly earth-shattering, considering the United Nations’ consistent failure at reining in Israel, or holding accountable those who sustain its war crimes in Palestine. The database was an important step that allowed civil societies to mobilize around a specific set of priorities, thus pressuring corporations and individual governments to take morally guided positions. The effectiveness of that strategy was clearly detected through the exaggerated and angry reactions of the US and Israel. The US said it was an attempt by “the discredited” Council “to fuel economic retaliation,” while Israel called it a “shameful capitulation” to pressure.

The Israeli genocide in Gaza, starting on October 7, 2023, however, served as a stark reminder of the utter failure of all existing UN mechanisms to achieve even the most modest expectations of feeding a starving population during a time of genocide. Tellingly, this was the same conclusion offered by UN Secretary-General Antonio Guterres, who, in September 2024, stated that the world had “failed the people of Gaza.”

Excerpted: ‘The “Economy of Genocide” Report: A Reckoning Beyond Rhetoric’.

Courtesy: Counterpunch.org