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Corporate power

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...
The solution to the problem of resources for health is not for public bodies to go begging to the private sector or to celebrity philanthropists. The solution today, as it was at Alma Ata 40 years ago, is economic justice and an adequate tax base at national and international levels, writes Alison Katz for the People’...
In the new energy revolution, we risk perpetuating the belief that rich countries are entitled to a greater share of the world’s finite resources irrespective of who we impoverish in doing so, or the destruction we cause. By Asad Rehman. Scratch the surface of the current plans to decarbonise the economy and replace...
Ultimately, the solutions to inequality will come from those who are at the frontlines of it, not the 1% that caused it and continues to benefit from it. And as anger about shocking levels of inequality continues to grow, so will the movement to fight inequality, writes Jenny Ricks for Inter Press Service. They said...
A global gathering of world elites is taking place in Davos, Switzerland, this week, claiming—as it does every year—to “define priorities and shape global, industry and regional agendas.” The World Economic Forum (WEF) meeting, held in the rarified elite space of the snow-capped Swiss Alps, consists, in its own words...
The UN General Assembly is set to vote on the final draft of the global compact on refugees as a basis for a more equitable sharing of the burden and responsibility for hosting and supporting the world’s refugees. The compact is, however, largely a rich countries’ model designed to protect their borders from unwanted...