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Corporate Power

To Save The Planet, We Must End Instruments Of Corporate Power

On April 10, Pakistan's Prime Minister Imran Khan was ousted in what is believed to be a US-backed soft coup. One of the likely reasons for the coup is that Khan was taking action to end excessive corporate power bestowed by bilateral trade agreements. Clearing the FOG speaks with Manuel Perez Rocha of the Institute for Policy Studies about Khan and how trade agreements function to force countries into allowing corporations to exploit their workers and devastate their environment. Perez Rocha explains why ending corporate abuse is essential to addressing the climate crisis and how trade could be structured to uphold human rights and protection of the planet. He also speaks about the risks of extraction for minerals that are required for a green economy. 

On Contact: Corporate Tyranny And Steven Donziger

On the show this week, Chris Hedges talks to Steven Donziger, the human rights environmental justice attorney, about the grim reality when we confront the real centers of power. Donziger has been fighting polluting American oil companies for nearly three decades on behalf of indigenous communities and peasant farmers in Ecuador, and has been under house arrest in Manhattan for nearly two years. He went on trial in federal court in New York two weeks ago on contempt of court charges, which could see him jailed for six months, for appealing the demand to hand over his computer, cellphone, and other electronic devices to the court, a violation, he argues, of attorney-client privilege. No attorney without a criminal record in federal court has ever before been detained pretrial for a misdemeanor offense.

How Amazon Destroys The Intellectual Justifications For Capitalism

Amazon doesn't fit comfortably within the free-market fable of how capitalism is supposed to operate. We are, in theory, supposed to get freedom, competition, the reward of innovation, the elimination of all-powerful centralized bureaucracy. But consider this recent Wall Street Journal report on how Amazon destroys its competitors. Essentially, because Amazon is gigantic and has vast sums of money at its disposal, it does not need to “innovate” the same way smaller companies do. It can simply lift the innovations of others, and because it can undercut their prices, it can put them out of business. The Journal cites a number of examples.
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