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Corporate power

It’s not often that you can celebrate an outright, global triumph for the advocacy efforts of a movement. But for tax justice, this is one of those days, writes Alex Cobham for the Tax Justice Network. The high level UN panel report launched this week by a group of heads of state and ministers from around the world,...
Ahead of critical talks at the World Trade Organization (WTO) civil society and trade unions from the Global South are calling on rich countries’ leaders to stop blocking a proposal to waive certain intellectual property rights on COVID-19 vaccines and other medical products. This landmark proposal to temporarily...
Refusal to temporarily suspend several World Trade Organization (WTO) intellectual property (IP) provisions to enable much faster and broader progress in addressing the COVID-19 pandemic should be grounds for International Criminal Court prosecution for genocide, argue Jomo Kwame Sundaram and Anis Chowdhury for Inter...
Every year, US$88.6 billion leaves Africa in the form of illicit capital flight according to the 2020 report of the United Nations Conference on Trade and Development (UNCTAD), entitled Tackling Illicit Financial Flows for Sustainable Development in Africa. Africa is affected more than all other continents, making it...
As billionaire wealth soars during the pandemic, we may have seen the greatest ever single-year redistribution of wealth to the already wealthy. Influencers worldwide need to be sounding the alarm, writes Sam Pizzigati for CounterPunch. Remember that old joke they used to tell — and maybe still do — in luxury...
In late November, what may have been the single largest protest in human history took place in India, as tens of thousands of farmers marched to the capital to protest proposed new legislation and upward of 250 million people around the subcontinent participated in a 24-hour general strike in solidarity. This massive...
A project by Tipping Point North South works to put sustainable human safety at the heart of 21st century foreign, defence, security and international development policy-making. Tipping Point North South has pulled together its various military spending strands under one new banner: Transform Defence for Sustainable...
A joint report by the Center for Economic and Social Rights (CESR) and Christian Aid asks a radical question: what would it look like if we had an econmomy based on human rights? Choosing between people or the economy has become a persistent theme in political debates as the world grapples with the COVID-19 pandemic...
Land inequality is directly threatening 1.4 billion of the world’s poorest people, according to a recent report. New calculations have discovered that disparities in rights and access to land are more than 40 per cent higher than previously thought. Just one per cent of the world’s largest farms currently operate...
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 A printed book version of...
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...