Elon’s Twitter
The world is coming to be dominated by the richest and most powerful people on the globe, who aren’t accountable to anyone for anything — for facts, truth, science or the common good. That’s Elon’s dream.
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Inside the Global Garment Industry
Giant retailers in the developed economies make huge fortunes in concert with smaller-scale textile and garment factories, the bulk of them in Asia and other parts of the global South. While this has brought luxury for a privileged few, it has plunged millions into a vast matrix of exploitation.
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Double Standards on Full Display with Western Sahara Occupation
When it comes to Western Sahara, the West’s collective silence can be called nothing but a double standard. An important reason is that many Western countries profit from the illegal exploitation of Sahrawi resources.
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Bankrolling Violence
On the insidious role the financial markets play in the military industrial complex.
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OPEC’s Body Blow to Biden Presidency
The Biden Administration is establishing a narrative that the recent OPEC decision to cut oil production by two million tonnes is a geopolitical “aligning” by Saudi Arabia and Russia. It deflects attention from the humiliating defeat of President Biden’s personal diplomacy with Saudi Arabia.
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One Person Dies of Hunger Every 4 Seconds
Number of Ultrarich Hits All-Time High as Someone Dies From Hunger Every 4 Seconds; Also: Interview with Abby Maxman, president and CEO of Oxfam America, one of the signatories of an open letter signed by NGOs calling upon the UN General Assembly to urgently take action on world hunger.
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Britain’s Forgotten War for Rubber
70 years ago the UK stepped up a brutal colonial intervention in Malaya, presenting it as a war against Chinese communism. British forces herded hundreds of thousands of people into fortified camps, heavily bombed rural areas and resorted to extensive propaganda to win the conflict.
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The Global South Has Lost $152 Trillion Through Unequal Exchange Since 1960
A recent study finds that over the period 1960 to 2017, total transfers from the ‘emerging and developing economies’ to the ‘advanced economies’ was around $152 trillion. These resources could have ended extreme poverty 15 times over, but instead they were transferred gratis to the core.
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The New Corporate Dictators – Super-Rich & Super-Immune
Ever since the heads of East India Trading Company (1600) and Hudson Bay Company (1670), were incorporated by English Royal charters, there have been corporate dictators. Their range and actions, have varied widely however. Today’s new corporate dictators shatter past restraints.
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Capital Flight From Emerging Markets and its Fallout
The recent exit of portfolio capital from emerging markets exposes the vulnerabilities of the cheap money policies followed by developed countries.
