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Tag: Global Capitalism

The REALLY Hateful 8: Global Inequality & The World’s 8 Richest Men (Fucked Fact)

Posted in Act Out!, Journalism, and Occupy Wall Street

We are the 99 percent!

These words made famous by Occupy Wall Street helped bring new attention to the problem of systemic inequality. The chant isn’t just some hyperbole made up by hippies however: it’s backed by actual economic truth — you know, facts as opposed to alternative facts.

According to Credit Suisse in their 2015 Global Wealth Report, “the lower half of the global population collectively own less than 1% of global wealth, while the richest 10% of adults own 88% of all wealth and the top 1% account for half of all assets in the world.” HALF OF ALL ASSETS on planet earth. ——- And now, this latest report from Oxfam reveals that an already grim picture is actually even more dire. According to their research, the world’s 8 richest men collectively possess more wealth than the poorest 50 percent of the world. That’s right, 8 multi-billionaires have as much money as about 3 billion, 370 million of the world’s poor.

Welcome to this week’s Fucked Fact.…

Private Corporate Armies Oppress From Colombia To Standing Rock (Black Tower Radio Interview)

Posted in Audio, Journalism, and MintPress News

During decades of civil war, U.S. and multinational companies used the right-wing paramilitaries of Colombia as their private armies. Though mining companies were major culprits, other corporate criminals include Coca-Cola and Chiquita. Only the peace process, which was tentatively finalized last week, might reduce the ability of foreign companies to oppress the indigenous people and Afro-Colombians.

Of course, the same corporate power is on display in North Dakota, where Energy Transfer Partners is using both the police and private security to brutalize the Native American water protectors and their allies. The recent decision by the Army Corps of Engineers to reject an important permit needed to complete construction is a setback for the Dakota Access Pipeline, but the struggle is far from over.…

Massive Corporations From Chiquita To Coca-Cola Used Personal Armies To Uproot, Terrorize Colombians

Posted in Journalism, and MintPress News

On Thursday, Colombia’s Congress ratified a new peace accord that could end decades of civil war and weaken the ability of foreign corporations to turn a profit on unrest in the South American country.

Since the 1960s, communist rebel forces have fought right-wing paramilitary groups and their government allies in Colombia’s ongoing civil war. While the paramilitary groups ostensibly formed in opposition to communist groups like the Revolutionary Armed Forces of Colombia, or FARC, their targets were more often the civilian and indigenous population.

The Colombian government reported in November that more than half a century of armed conflict has left 7,011,027 people displaced, 267,000 murdered, and 46,000 “disappeared.”

Throughout the decades of conflict, massive international businesses have been eager to take advantage of the paramilitary groups’ skills to suit their own interests and move into land formerly occupied by displaced people. Some of the numerous foreign corporations accused of serious human rights abuses in Colombia include fruit companies Dole, Del Monte, and Chiquita, agribusiness giant Cargill, and other representatives of the fossil fuel industry like Texaco (formerly Texas Petroleum Company) and Exxon Mobil.…

On U.S. Empire Building And Fascism (Black Tower Radio Interview)

Posted in Audio, Journalism, and MintPress News

In a recent history lecture published by actTVism Munich, Noam Chomsky revealed that the U.S. was quite supportive of fascism before we went to war with Hitler and Mussolini. After World War II, America deployed a plan to dominate a “grand area” of the globe, essentially a plot for world domination that reverberates to this day. This “grand area” scheme led directly to the Vietnam War, and can still be seen in the influence of “humanitarian” multinational organizations like the International Monetary Fund. …

Brazilian President Michel Temer: Dilma Rousseff Impeached Because She Didn’t Support Neoliberalism

Posted in Journalism, and MintPress News

During a recent appearance at a corporate think tank, Brazilian President Michel Temer admitted that his predecessor, Dilma Rousseff, was impeached because she refused to implement a neoliberal reform plan published by Temer’s party.

Rousseff was formally removed from office on Aug. 31 after the Brazilian senate voted to impeach her for breaking budgetary laws. This allowed Temer to take office despite a court ruling barring him from running for election.

However, Rousseff and other critics of Temer have argued that her impeachment was actually a coup d’etat which set the stage for Temer to take power, backed by a government that’s more favorable to corporate investors.…

Judge: Nestlé Can Keep Bottling California’s Water Under Permit That Expired In 1988

Posted in Journalism, and MintPress News

A federal judge ruled Tuesday that Nestlé can continue to bottle water from drought-stricken Southern California, even though the permit which allows the company to pipe water from the San Bernardino National Forest expired in 1988.

Despite a devastating, five-year drought in California, Nestlé piped about 36 million gallons from the forest last year. That water is transported to Canada for bottling, and the end product appears in stores under the Arrowhead brand. Under the current agreement, Nestlé pays the U.S. Forest Service an annual permitting fee of $524 to run its pipeline.

U.S. District Court Judge Jesus G. Bernal ruled that although the permit expired 28 years ago, Nestlé can keep bottling water because corporate executives attempted to renew the permit in May 1987, but did not hear back from the Forest Service.…

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