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Corporate power

Countries are losing a total of over $427 billion in tax each year to international corporate tax abuse and private tax evasion, costing countries altogether the equivalent of nearly 34 million nurses’ annual salaries every year – or one nurse’s annual salary every second.  As pandemic-fatigued countries around...
Share The World’s Resources (STWR) have now released a book version of the popular articles by Mohammed Sofiane Mesbahi, titled ‘Studies on the Principle of Sharing’. The articles were originally published online at sharing.org over the course of 2011 to 2014, during the momentous revolutionary period that followed...
Contents: Editor’s preface The cry for justice Commercialisation: the antithesis of sharing Uniting the people of the world A discourse on beliefs, ideologies and ‘isms’ An enquiry into the meaning of sharing food Rise up America, rise up! Christmas, the system and I Endnotes   Editor’s...
Global markets have failed to provide people with basic needs like housing and water, say present and former UN special rapporteurs. The Covid-19 pandemic has exposed the catastrophic fallout of decades of global privatisation and market competition. When the pandemic hit, we saw hospitals being overwhelmed,...
Amidst the challenges of the Covid-19 pandemic, the United Nations (UN) Open Ended Inter-governmental Working Group (OEIGWG) enters its sixth round of negotiations on a treaty on “transnational corporations and other business enterprises with respect to human rights,”1 from 26 -30 October.  UN member states will...
The social responsibility of business is actually to ensure profits are shared equitably, argues a new report from Oxfam International.  Fifty years ago, Milton Friedman, an American economist, declared that business’ only responsibility is to make money for its owners, in his famous piece establishing shareholder...
The Alliance for a Green Revolution in Africa is repeating the failed policies of the past and risks pushing back further the struggle against hunger and malnutrition, explains Timothy Wise for IATP. It’s been nearly fifty years since Frances Moore Lappé reminded us in her seminal work, “Diet for a Small Planet,” ...
A new briefing summarises the actual or likely impacts of the global coronavirus crisis on each of the 17 Sustainable Development goals. By Jens Martens, Bodo Ellmers and Vera Pokorny for Global Policy Watch. The COVID-19 pandemic and the policies with which governments have responded to it have had a serious impact...
No private company should have monopoly rights over a Covid-19 vaccine; this is a public resource that should be contributed to the World Health Organisation’s Technology Access Pool and shared for the benefit of all, writes Helen Clark and Winnie Byanyima. To bring an end to the pandemic, the world needs a vaccine...
If the coronavirus has any positive impact, let it prompt us to learn the limitations of the market and the urgent need for regulation, taxation and public services, says Nick Dearden for Al Jazeera. People might think that pandemics are great levellers: in a crisis, no matter how rich you are, you are as likely to...
If multinationals—and the super-rich—do not pay their fair share of taxes, governments cannot invest in access to education, health care, and decent pensions, or take measures to mitigate and adapt to the climate crisis. By Magdalena Sepúlveda for Common Dreams.  Will 2020 be as explosive as the year that is coming...
Share The World’s Resources (STWR) have released a book version of the pioneering publication by Mohammed Sofiane Mesbahi, titled 'Heralding Article 25: A people's strategy for world transformation'. Mesbahi argues that meeting the basic requirements outlined in Article 25 of the Universal Declaration for Human...
In einer zunehmend ungleichen und nicht nachhaltigen Welt müssen die Regierungen dringend die restriktiven politischen und wirtschaftlichen Ideologien der Vergangenheit überwinden und Lösungen finden, die den gemeinsamen Bedürfnissen der Menschen in allen Ländern gerecht werden. Dieser Leitfaden skizziert das Ausmaß...
In actuality, USAID has been a taxpayer-supported program for neocolonial exploiters requiring long-term protection at public expense, writes Barbara G. Ellis for Truthout. “If at first you don’t succeed, try, try again.” That 1840 slogan seems to be the modus operandi of President Trump when thwarted by Congress....
If we recouped the annual global revenue losses due to multinational tax avoidance, we could literally eliminate extreme income poverty around the world by giving $2 a day to the 650 million people currently living under the international poverty line of $1.90 a day. By Alex Cobham for Truthout. International tax...