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Corporatism

Trump Lands In Beijing With Over A Dozen Western Moguls In Tow

May 13, 2026 News Desk, The Cradle. , , ,
US President Donald Trump landed in Beijing on 13 May for a crucial meeting with Chinese President Xi Jinping to address trade, technology, Taiwan, the war against Iran, and the Strait of Hormuz. Met with red-carpet treatment in the Chinese capital, Trump was joined by a retinue of more than a dozen billionaires whose companies span major sectors of the US and global economies. A total of 16 high-profile business leaders accompanied the US president, including Tesla and SpaceX CEO Elon Musk and Apple CEO Tim Cook, as well as CEOs from Nvidia, Qualcomm, BlackRock, Goldman Sachs, Citigroup, Mastercard, Visa, Boeing, and Meta Platforms President and Vice Chair Dina Powell McCormick. 

How Environmental Destruction Is Built Into Corporate Design

May 11, 2026 Saskia Karges, Resilience. , , ,
A century ago, Henry Ford attempted to lower the price of the Model T and pay his workers better, famously saying: My ambition is to employ still more men, to spread the benefits of this industrial system to the greatest possible number, to help them build up their lives and their homes. To do this, we are putting the greatest share of our profits back into the business. The Dodge brothers, minority shareholders, sued. They demanded that Ford stop lowering prices and instead distribute the surplus as dividends. The court ruled in their favor, cementing the idea that a business is carried on primarily for the profit of the stockholders.

Every 104 Minutes Corporate Neglect Kills Another Worker

April 24, 2026 Mark Gruenberg, People's World. , , ,
A worker dies from corporate negligence every 104 minutes. The suppliers of auto parts for Hyundai and Kia cars. The Subway restaurant chain. The nation’s biggest homebuilder, which let Donald Trump’s vicious and violent ICE agents raid its job sites. A snack food company that puts migrants’ children into hazardous factory jobs. “Workers are still being poisoned, injured, exploited and killed on the job,” says Jessica Martinez, executive director of the National Council for Occupational Safety and Health (NACOSH), which released its annual “Dirty Dozen” report on the worst job safety and health violators nominated by its local councils and allies, and why those corporate bad actors made the list–though they’re not alone. 

Naming And Shaming Food Barons

April 2, 2026 Chris Mills Rodrigo, Inequality.org. , , , ,
Growing up in Northern California, Peet’s was always treated as a local coffee shop. The first location of the chain founded in 1966 was just a 15-minute train ride from my childhood home in the East Bay. Yes, Peet’s had locations across the United States, but it still felt like an alternative to the corporate behemoth of Starbucks.  That changed in 2012 when Peet’s was acquired by JAB Holding Company, a secretive firm based in Luxembourg. Peet’s wasn’t the only locally-loved chain integrated into what is now a global empire that sells more coffee than Starbucks. 

People Die While Companies Profit

March 27, 2026 Rebecca Gordon, TomDispatch.com. , , ,
The March 4, 2026, edition of the Arizona Daily Star put the facts succinctly: “A Haitian asylum seeker held for four months at Florence Correctional Center died Monday at a Scottsdale hospital due to complications from an infected tooth.” It seems the infection spread from his tooth to his lungs, and he developed the pneumonia that killed him. In other words, U.S. Immigration and Customs Enforcement (ICE) allowed a prisoner to die of a toothache. His name was Emmanuel Damas. He was 56 years old and the father of two.

Three Massive Funds Control A Chunk Of Most Media

March 7, 2026 Saurav Sarkar, Fairness and Accuracy in Reporting. , , ,
Recently, FAIR (2/3/26) took a look at the owners of the biggest online media outlets. It focused on the controlling owners of those outlets, which are mostly publicly traded corporations. But a lot of the money—about $2 trillion dollars—invested in the top 50 online media outlets in the US is not the controlling owners’. Rather, it is possessed by minority institutional investors that manage assets for others. Take BlackRock, Inc., for instance. Innovation & Tech Today (7/8/22) called it “the biggest company you’ve probably never heard of.”

US Attacks In Venezuela, Greenland Lay Groundwork For Billionaire Fiefdoms

February 24, 2026 Beth Geglia, Truthout. , , , , ,
On January 3, 2026, Tim Stern, a German investor, was sleeping peacefully at his Venezuela residence when the phone on his small bedside table suddenly went wild. As he explained to Timothy Allen of the “Free Cities Podcast,” calls streamed in immediately after news broke that the United States had bombed Caracas in the early hours of the morning. Within hours, it was clear that Venezuelan President Nicolás Maduro had been captured and was being sent to the United States — a change, Stern said in the podcast, that “is going to be the start of an absolute bonanza here in Venezuela.”

The EPA’s Zero Sum Game Surfaces A Dialectical Paradox

February 7, 2026 Anthony Karefa Rogers-Wright, Black Agenda Report. , , , ,
Kali Akuno, founder of Jackson, Mississippi-based Cooperation Jackson, reminds us in his book Jackson Rising Redux, “To deal with the crisis of Black labor redundancy, the US ruling class has responded by creating a multipronged strategy of limited incorporation [see also the Black Misleadership class, the cooniferous Congressional Black Caucus, and other elements of the Black petty bourgeois], counterinsurgency [i.e. crushing, dividing, and severely weakening and elite capturing of Black-led organizations], and mass containment [vis a vis mass incarceration and the prison industrial complex]."

ExxonMobil Moves To Reshape Global Climate Accounting

January 26, 2026 Sharon Kelly, DeSmog. , , ,
“Pollution is everybody’s business,” Imperial Oil, Exxon’s Canadian affiliate, wrote in a 1970 report, “because essentially all of it results from the activities of men working to satisfy the needs and desires of men.” Fast forward over a half century and Imperial’s old argument is taking a new form. Today, ExxonMobil is seeking to upend how carbon emissions are accounted for — by changing the rules of the game. An ExxonMobil-backed initiative, Carbon Measures, is pushing to reshape how the world does the math on climate change. Their system, outside analysts point out, leaves consumers holding the bag.

Inside Coca-Cola’s Multi-Billion Dollar Theft Of Trade Secrets

December 4, 2025 Ray Rogers, Work-Bites. , , ,
Since 2004, as part of the Campaign to Stop Killer Coke, I have attended Coca-Cola’s annual meetings of shareholders to confront The Coca-Cola Company’s chief executives and board members over the company's involvement in horrific human rights abuses and other criminal behavior. These meetings often became confrontational and tense. I was violently attacked from behind while standing at the microphone raising issues of Coca-Cola’s complicity in deadly human rights abuses perpetrated against union leaders in Colombia. The assailants turned out to be Wilmington, Delaware police dressed in plain clothes moonlighting as Coca-Cola security.

Chicago Hospital’s Closure: A Canary In The Coal Mine For Corporatized Health

September 10, 2025 Anna Romina Guevarra and Gayatri Reddy, Truthout. , , ,
Predictably, Weiss Memorial Hospital, which has served the diverse and vulnerable populations of the northside Chicago neighborhood of Uptown for decades, closed its doors on August 8, 2025. Weiss Memorial Hospital was the first (and only) community safety-net hospital (a hospital whose stated mission is to serve low-income communities) in this neighborhood. The hospital closed despite impassioned pleas by several residents such as Phong Nguyen, a Vietnamese refugee and war veteran who has lived in Uptown and used Weiss Memorial for 50 years. As he told WBEZ, “I am over 80 years old this year. Not just my generation, but generations following myself still rely on this hospital for critical services; [Weiss is] a hospital that allows us to stay in the area and maintain the quality of life that we deserve.”

Railroad Worker Group Opposes Further Class One Rail Mergers

August 11, 2025 Railroad Workers United, Popular Resistance. , , ,
The group Railroad Workers United (RWU) has issued a formal Resolution and statement opposing any and all mega-rail mergers such as the one under question in recent weeks between rail giants Union Pacific and Norfolk Southern. Should that merger move forward and be condoned by the U.S. government, RWU notes that the remaining two Class One railroads, BNSF and CSX, would in effect be forced to amalgamate as well, resulting in just four major rail corporations controlling not just the industry, but the infrastructure as well. Upwards of 90% of the rail traffic of North America will be controlled by these four corporations. According to RWU General Secretary Nick Wurst, “In no other counties in the world outside of North America do huge rail corporations not just run the trains, but own the tracks, yards, signals, shops and other infrastructure."

Ukraine’s Corporate Carve-Up Collapses?

July 14, 2025 Kit Klarenberg, Scheer Post. , , , ,
On July 5th, Bloomberg reported that a BlackRock-administered multibillion-dollar fund for Kiev’s reconstruction, due to be unveiled at a dedicated Ukraine Recovery Conference in Rome July 10th/11th, had been placed on hold at the start of 2025 “due to a lack of interest” among institutional, private, and state financiers. The summit is over, lack of investor enthusiasm persists, and “the project’s future is now uncertain.” It’s just the latest confirmation the West’s long-running mission to carve up Ukraine for profit verges on total disintegration. BlackRock’s Ukraine Development Fund has been in the works since May 2023. It was originally envisaged as one of the most ambitious public-private finance collaborations in history, which would rival Washington’s Marshall Plan that rebuilt – and heavily indebted – Western Europe in World War II’s wake.

The Trumpists Agitating To Coup Honduras

March 11, 2025 Nate Bear, Do Not Panic. , , , , ,
Prospera, a Peter Thiel-backed crypto ‘city’ running unregulated medical experiments on a Honduran island may very well be the spark for a US coup against Honduras this November. Prospera, if you haven’t come across it before, is a libertarian mini-state which is funded by crypto investors and tech oligarchs including Thiel and DOGE recruiter Marc Andreessen. Operating outside of Honduran law and run by a small council of venture capitalists and crypto libertarians who set their own laws and regulations, Prospera is under threat from the president of Honduras, Xiomara Castro, who wants to strip it of its special legal status.

Behind UnitedHealthcare’s CEO Is A Larger System Of Corporate Rule

December 13, 2024 Derek Seidman, Truthout. , , , , ,
The killing of UnitedHealthcare’s Brian Thompson — a brazen assassination of a wealthy CEO in the streets of midtown Manhattan — shocked the United States. But the tsunami of mass anger unleashed against a hated for-profit health care system has so far defined the story in the news. The killing sparked a deluge of personal testimonies of horrifying experiences with health insurance corporations. Dark humor around the shooting continues to flood social media. Millions of people in the U.S. viscerally hate health insurance corporations, and see these companies and their CEOs as symbols of the worst kind of corporate greed.
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