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Corporations

The End Of The Corporation?

March 10, 2020 By Marjorie Kelly, Longreads.tni.org , ,
Imagine your town is crisscrossed by giant trains that travel insanely fast, because the train owners pay their drivers based on speed. The town establishes speed limits, installs flashing lights, brings out police to keep pedestrians off the tracks. Inevitably, the trains continue to crash into people and cars, causing injury and death. How does the town council respond? By repairing crossings and fences.    

How Corporations Are Forcing Their Way Into America’s Public Schools

February 22, 2020 Jeff Bryant, Our Schools, Independent Media Institute , ,
In the expanding effort to privatize the nation's public education system, an ominous, less-understood strain of the movement is the corporate influence in Career and Technical Education (CTE) that is shaping the K-12 curriculum in local communities. An apt case study of the growing corporate influence behind CTE is in Virginia, where many parents, teachers and local officials are worried that major corporations including Amazon, Ford and Cisco...

Pompeo: US Rejects UN Database Of Israeli Settlement Companies

February 19, 2020 Staff, Aljazeera.com , , ,
United States Secretary of State Mike Pompeo on Thursday said the US government would not furnish any information for a database of companies operating in the occupied West Bank that the United Nations' human rights office released, and said the compilation hurts efforts in the Middle East. "The United States has long opposed the creation or release of this database," he said in a statement.

State Of Power 2020

February 6, 2020 Staff, Tni.org ,
The Corporation is capitalism's preeminent institution, dominating our economy, distorting our politics and reshaping society. TNI's ninth flagship State of Power report delves deep into the changing nature of the corporation in a time of digitalisation and financialisation and asks how we might best confront its power and construct alternatives.

Putting A Face Onto The Corporation

February 6, 2020 Nick Buxton, Roarmag.org ,
Corporations account for 78 of the world’s 100 largest economies, yet they remain cloaked in mystery. TNI’s State of Power 2020 report takes a deep dive into capitalism’s preeminent institution. On November 5, 2015 a failure at the Germano iron ore mine’s tailings dam in Mariana, Minas Gerai state, Brazil caused hundreds of tons of toxic mud to sweep downstream, killing 19 people and contaminating the Doce River for many hundreds of kilometers.

The Corporate Debt Bubble Is A Train Wreck In Slow Motion

January 25, 2020 Brandon Smith, Alt-market.com ,
There are two subjects that the mainstream media seems specifically determined to avoid discussing these days when it comes to the economy - the first is the problem of falling global demand for goods and services; they absolutely refuse to acknowledge the fact that demand is going stagnant and will conjure all kinds of rationalizations to distract from the issue. The other subject is the debt bubble, the corporate debt bubble in particular.

Tax Gap Of Silicon Six Over $100 Billion So Far This Decade

December 6, 2019 Staff, Fairtaxmark.net , , ,
The Fair Tax Mark will later this week release a new report, The Silicon Six and their $100 billion global tax gap, which examines the tax conduct of Facebook, Apple, Amazon, Netflix, Google and Microsoft over the last decade. The report questions whether the companies, collectively referred to as the ‘Silicon Six’, are paying their way on tax. Together they have a combined market capitalization of $4.5 trillion and are worth more than the 1,000 companies listed on the London Stock Exchange.

Multinational Mining Corporations Are Exploiting U.S. Taxpayers

November 25, 2019 By Nicole Gentile, Americanprogress.org , ,
Under the Trump administration, corporate profits have taken priority over public lands time and time again. However, the biggest of all handouts to the mining industry started decades before Donald Trump was even born: the General Mining Act of 1872, a woefully outdated law that governs extraction of hardrock minerals in the United States. This law allows companies to mine for metals and other minerals on public lands for free; exposes nearby communities and rivers to perpetual toxic waste; and gives tribes and land managers no meaningful opportunity for input.

Global Minimum Corporate Tax Needed

October 9, 2019 By Joseph E. Stiglitz, Project-syndicate.org ,
NEW YORK – Globalization has gotten a bad rap in recent years, and often for good reason. But some critics, not least US President Donald Trump, place the blame in the wrong place, conjuring up a false image in which Europe, China, and developing countries have snookered America’s trade negotiators into bad deals, leading to Americans’ current woes. It’s an absurd claim: after all, it was America – or, rather, corporate America – that wrote the rules of globalization in the first place.

21st Century Corporate Governance: New Rules For Worker Representation On Corporate Boards

October 7, 2019 Lenore Palladino, Rooseveltinstitute.org , ,
In a new working paper, Roosevelt Senior Economist and Fellow Lenore Palladino argues that the 21st century American economy requires a new, more accurate, and more effective model for corporate governance—one that can advance worker power and employee representation within American corporations and curb inequality. As it stands, outsized shareholder power is contributing to rising economic inequality; and workers have no part in the decision-making that determines the future of the corporations they work for, nor do they have a say in what happens to the value they help create.

Fining Corporations That Pollute Carbon Is Quite Popular

October 3, 2019 Matt Bruenig, Peoplespolicyproject.org , , ,
The Emerson results are not directly comparable to the YouGov results because Emerson asks people only if they “support” it, “oppose” it, or are unsure, while YouGov gives people the additional options of “somewhat support” it and “somewhat oppose” it. Allowing the “somewhats” in gets you fewer unsure responses and so the overall numbers are higher. Nonetheless, the Emerson figures show us that a “carbon fine” does better than a “carbon tax,” meaning that even DFP’s astonishingly good findings understate just how high those numbers could be driven if the program was described in a more positive (but still accurate) way.

Making Corporations Pay For Big Pay Gaps

October 2, 2019 Sarah Anderson and Sam Pizzigati, Ips-dc.org , , ,
For two full years now, publicly held corporations in the United States have had to comply with a federal mandate to report the gap between their CEO and median worker compensation. The resulting disclosures, this report makes clear, have produced truly staggering statistical results. Americans across the political spectrum have been decrying the yawning gaps between CEO and worker compensation for several decades now. Yet Americans still, the research shows, vastly underestimate how wide these gaps have become.

The Incredible Belief That Corporate Ownership Does Not Influence Media Content

September 18, 2019 Alison Rose Levy, Fair.org , ,
As Sen. Bernie Sanders (CJR, 8/26/19) has recently noted, corporate ownership of media interferes with the core societal function of the press: reporting and investigating key issues at the intersection of public need and governance. And nowhere is that more critical than when it comes to climate. Due to their corporate conflicts of interest, trusted news authorities have diverted us from our primary responsibility—assuring a viable habitat for our children and grandchildren.

Corporate Gangster: Adani’s Pursuit Of Scientists

July 30, 2019 Binoy Kampmark, Dissidentvoice.org , ,
The Adani conglomerate should be best described as a bloated gangster, promising the earth even as it mines it.  Like other corporate thugs of such disposition, it will do things within, and if necessary outside, the regulatory framework it encounters.  Where necessary, it will libel detractors and bribe critics, speak of a fictional number of as yet non-existent jobs, and claim that it is green in its coaling practices. It will also hire legal firms claiming to be trained attack dogs and hector the national broadcaster to pull unflattering stories from publication and discussion.

Climate Change Is A Poor People’s Issue

July 19, 2019 By Mallika Khanna, Otherwords.org , ,
If you’ve read anything about climate change over the past year, you’ve probably heard about the IPCC report that gives a 12-year deadline for limiting climate change catastrophe. But for many parts of the world, climate change already is a catastrophe. Recently in Bihar, one of the poorest states in India, more than 40 people were killed by a severe heat wave in just one day. A study by UNICEF suggests that “in the next decade, 175 million children will be hit by climate-related disasters in South Asia and Africa alone.” Closer to home, Miami’s steady sinking is depleting useable drinking water at an alarming rate.
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