Corporations

Time To Break Up The 21st Century Tech Trusts

June 17, 2019 David Rosen, Counterpunch.org Create! Corporations, Monopoly, Technology

On June 11th, the House Judiciary Committee launched an investigation into the market dominance of the four leading “big-tech” companies — Facebook, Google, Apple and Amazon. Rep. David Cicilline (D-RI), who oversees the subcommittee hearing, proclaimed, “these are monopolies,” warning that they dominate the digital marketplace and it might be time for new legislation to increase competition. “We know the problems; they’re easy to diagnose,” Cicilline said. “Shaping the solutions is going to be more difficult.”

98.3% Of Ghana’s Gold Remains In The Hands Of Multinational Corporations

June 11, 2019 By Celina della Croce, Commondreams.org Educate! Africa, Corporations, Ghana, Imperialism, New Economy

Every year, the vast majority of Ghana’s natural wealth is stolen. The country is among the largest exporters of gold in the world, yet—according to a study by the Bank of Ghana—less than 1.7 percent of global returns from its gold make their way back to the Ghanaian government. This means that the remaining 98.3 percent is managed by outside entities—mainly multinational corporations, who keep the lion’s share of the profits. In other words, of the $5.2 billion of gold produced from 1990 to 2002, the government received only $87.3 million in corporate income taxes and royalty payments.

Unchecked Corporate Power

May 28, 2019 By Kate Hamaji, Rachel Deutsch, Elizabeth Nicolas, Celine McNicholas, Heidi Shierholz, and Margaret Poydock, Epi.org Educate! Capitalism, Class Struggle, Corporations, Workers

One year ago, in Epic Systems v. Lewis, the Supreme Court ruled that employers can use forced arbitration clauses that strip workers of their right to join together in court to fight wage theft, discrimination, or harassment. Unchecked Corporate Power, a new report from the Center for Popular Democracy (CPD) and the Economic Policy Institute (EPI) forecasts that by 2024, more than 80 percent of private-sector, nonunion workers will be covered by forced arbitration clauses.

The Complete History Of Monsanto, The World’s Most Evil Corporation

April 30, 2019 Hanzai E, Wakingtimes.com Educate! Corporations, Food and Agriculture, GMOs, Monsanto

Of all the mega-corps running amok, Monsanto has consistently outperformed its rivals, earning the crown as “most evil corporation on Earth!” Not content to simply rest upon its throne of death, atop a mountain of rotting corpses, it remains focused on newer, more scientifically innovative ways to harm the planet and its people. As true champions of evil, they won’t stop until…well, until they’re stopped! But what is Monsanto and how did they get to be so obscenely evil in the first place? I think that’s the best place to start this journey, so grab a few non-GMO snacks or beverages and let’s go for a ride into the deep, murky sewers of their dark past.

Nader To Boeing Board: Forfeit Your Pay And Resign

April 29, 2019 Ralph Nader, Nader.org Create! Boeing, Corporations

As you know, Boards of Directors have distinctly independent and primary responsibilities for the conduct of the public corporation. This is the case notwithstanding the numerous ways that the officers of the corporation have managed to blur the lines between the roles of boards and management. As you know, the respected Institutional Shareholders Services (ISS) has urged Boeing shareholders to vote to divide the roles of the Chairman of the Board and the CEO between two different people.

Bayer Shareholders Vote Against Board Over Monsanto Merger

April 27, 2019 Staff, Sustainablepulse.com Educate! Corporations, glyphosate, Monsanto

Around 500 protesters gathered outside the Bonn conference centre with placards mocking Bayer’s corporate motto “science for a better life” or calling to “stop glyphosate”, the Monsanto-made herbicide at the centre of the group’s woes. Inside, investors were fuming. “Bayer has choked on Monsanto,” said Ingo Speich of Deka bank. “The company risks being taken over and dismantled.” Mark Tuemmler of investors’ federation DSW said 2018 was “a nightmare for shareholders”.

New Rules for the 21st Century: Corporate Power, Public Power, And The Future Of The American Economy

April 16, 2019 By Nell Abernathy, Darrick Hamilton, and Julie Margetta Morgan, Rooseveltinstitute.org Create! Corporations, Finance and the Economy

America’s political landscape and economic thinking are shifting. The 2016 election—and the rise of powerful movements over the past decade—has shown us that Americans are calling for change. They want a diagnosis of our economy to help make sense of what’s gone wrong and to suggest ways to make things better. In New Rules for the 21st Century: Corporate Power, Public Power, and the Future of the American Economy, the Roosevelt Institute’s Nell Abernathy, Darrick Hamilton...

Victory! Boston Challenges Corporate Control Of Our Food System

March 22, 2019 By Alexa Kaczmarski, Corporateaccountability.org Create! Boston, Corporations, Food and Agriculture, New Economy

Boston has taken a critical step forward to rebuild our broken food system and advance food justice across the city. On March 20, the city became the first on the East Coast to adopt a city-wide Good Food Purchasing Policy (GFPP) — a groundbreaking policy that helps build an equitable, local, sustainable food system. The policy directs the city to purchase food that meets robust labor, health, and environmental standards. This includes Boston Public Schools (BPS), one of the largest purchasers of food in the city — meaning that 56,000 schoolchildren in Boston will have healthier, more nutritious food available to them at school each day.

Amazon’s Decision To Pull Out Of NYC Is A Massive Blow To Corporate Welfare

February 16, 2019 David Dayen, Inthesetimes.com Resist! Amazon, Corporate Welfare, Corporations, Jeff Bezos

Amazon announced Thursday the company has canceled its bid to acquire nearly $3 billion in public dollars to locate a facility in New York City—the most substantial setback for corporate welfare in recent memory. Significantly, Amazon states in its announcement of the decision that it will continue to expand its workforce in the New York City area, up from the 5,000 workers the company already employs in Brooklyn, Manhattan and Staten Island. In other words, Amazon still plans to maintain a headquarters-sized presence in New York, the nation’s financial and economic hub. It just couldn’t win the political battle to obtain billions of dollars in subsidies from it.

Corporate And Banking Interests Profit From Desecration Of Black Maryland Graveyard

January 17, 2019 By Marsha Coleman-Adebayo, Blackagendareport.com Resist! Banks, Corporations, Development, Maryland, Racism

In the grand scheme of things it didn’t even register a blip. Four people arrested in an obscure auditorium in a place whose name has a certain regal air to it -- Kensington. But this wasn’t somewhere in England. No, it was in Maryland, well south of the Mason-Dixon Line, in a county with the disgraceful heritage of kidnapping, enslavement, lynching, Black breeding farms, covenants to keep Blacks and Jews sequestered and ethnic cleansing high on the list of priorities that have informed every county official since before the Emancipation Proclamation and their systematic erasure of that history both physically and from public consciousness.

The Silver Bullet To Stop The Corporate State Pillage

January 10, 2019 Lee Camp, Truthdig.com Strategize! Class Struggle, Corporations, Military, Rebellion

Every year a certain number of our soldiers decide they’d rather not be involved in shooting people they don’t know so that ExxonMobil can have more oil or Lockheed Martin can make more cash or MSNBC / Fox News can give their hosts topics for their upcoming poetry books. Basically, these soldiers do something horrifying, something terrible, something often called “treasonous” … They — wait for it — think for themselves!

Neoliberalism Is The Rationalization For Corporate Tyranny

January 5, 2019 Rainer Shea, Ghionjournal.com Educate! Corporations, Neoliberalism

This ideology can be called neoliberalism because it is the chosen term for the extreme version of capitalism that the ruling class has made into conventional political thought. And neoliberalism is an exceptionally useful worldview for a power elite to propagate because it gives those who share their ideology the same mindset that the elites themselves have. Like every dominant class throughout history, the plutocrats see those in the lower rungs of society as inferior. But neoliberalism causes this hostility towards the poor to spread among the broader population.

These 2018 Corporate Scandals Demonstrate Why The New Democratic Congress Must Crack Down On Corruption

January 1, 2019 By Matthew Chapman, Alternet.org Educate! Corporations, Corruption, Electoral Politics

The headlines for white-collar crime this year have largely been grabbed by special counsel Robert Mueller, who has uncovered a huge array of financial crimes in President Donald Trump’s inner circle. But though Mueller’s revelations have shocked the American public consciousness, they were probably not the biggest financial scandals of the year.

Privatizing The VA: Vets Wait Longer, Corporations Make Billions

December 20, 2018 By Isaac Arnsdorf and Jon Greenberg, Propublica.org Educate! Corporations, Privatization, Veterans

For years, conservatives have assailed the U.S. Department of Veterans Affairs as a dysfunctional bureaucracy. They said private enterprise would mean better, easier-to-access health care for veterans. President Donald Trump embraced that position, enthusiastically moving to expand the private sector’s role. Here’s what has actually happened in the four years since the government began sending more veterans to private care: longer waits for appointments and, a new analysis of VA claims data by ProPublica and PolitiFact shows, higher costs for taxpayers. Since 2014, 1.9 million former service members have received private medical care through a program called Veterans Choice.

Corporations See A Different Kind of “Green” In Ocasio-Cortez’s “Green New Deal”

December 19, 2018 By Whitney Webb, Mintpressnews.com Educate! Corporations, Electoral Politics, Revisionism

WASHINGTON – (Opinion) In recent weeks, support from progressives and establishment liberals has been pouring in for the “Green New Deal,” a plan largely promoted by U.S. Rep.-elect Alexandria Ocasio-Cortez of New York. The plan claims that it seeks to “transform the U.S. economy in an effort to fight climate change” that would ostensibly push the U.S. from fossil fuels to 100 percent renewable energy in a little over a decade. Though Ocasio-Cortez and others have claimed that the measure is “anti-establishment” and has been mocked by the corporate media, it has recently gained the support of over 30 House Democrats and won endorsements from mainstream media pundits such as Van Jones of CNN.

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