CORPORATE SOCIAL RESPONSIBILITY –
37.7K views | +0 today
Follow
CORPORATE SOCIAL RESPONSIBILITY –
Corporations have a responsibility to be mindful of their impact on social, environmental and human health issues impacted by their policies and products.  Our finite planetary resources are fast dwindling and destroying the very fabric of life. #CSR #Sustainability #SocioEconomics #GDP #EcoEconomics #Brands #Environment #ClimateChange #
Curated by pdjmoo
Your new post is loading...
Your new post is loading...
Scooped by pdjmoo
Scoop.it!

Crushing College Debt - A Trillion Dollar Business: Predatory Loans & An Unknown Future

Crushing College Debt - A Trillion Dollar Business: Predatory Loans & An Unknown Future | CORPORATE SOCIAL RESPONSIBILITY – | Scoop.it

THE DICE IS LOADED AGAINST STUDENT LOANS.  THEY ARE VERY DIFFICULT TO DISCHARGE THROUGH BANKRUPTCY; LOAN DEFAULTS, LATE PAYMENTS ARE CONSIDERED A NEGATIVE WHEN SEEKING EMPLOYMENT VIA CREDIT CHECKS AND WAGES/SALARIES/SOCIAL SECURITY CAN BE GARNISHEED.  YET A DONALD TRUMP AND CORPORATIONS CAN DECLARE BANKRUPTCY MULTIPLE TIMES, CLEAR THE SLATE, AND START ALL OVER AGAIN.


GOOD, March 26, 2015
-▶  AMERICA'S STUDENT LOAN DEBT IS OVER A TRILLION DOLLARS.  WHO OWES ALL THIS MONEY -- AND WHY? http://magazine.good.is/infographics/student-loan-debt-is-astronomical http://magazine.good.is/infographics/student-loan-debt-is-astronomical


Bloomberg Business April 27, 2015
 -▶ THE SPECTACULAR COLLAPSE OF FOR-PROFIT CORINTHIAN COLLEGES http://www.bloomberg.com/news/articles/2015-04-27/the-spectacular-collapse-of-for-profit-corinthian-colleges


                                             VIDEO REPORT
                               Democracy Now, February 25, 2015
STUDENTS LAUNCH HISTORIC DEBT STRIKE, REFUSING TO PAY BACK PREDATORY COLLEGE LOANS  http://www.democracynow.org/2015/2/25/students_launch_historic_debt_strike_refusing


August 15, 2013 Rolling Stone, Matt Taibbi
-▶  THE COLLEGE-LOAN SCANDAL: THE RIPPING OFF OF YOUNG AMERICA http://www.rollingstone.com/politics/news/ripping-off-young-america-the-college-loan-scandal-20130815


                                                VIDEO REPORT

                        STUDENT LOANS NOW AT $1.2 TRILLION
                                PBS Newshour, February 23, 2015
DELINQUENCIES ARE RISING EVEN AS THEY FALL FOR OTHER DEBT WHY AMERICAN STUDENTS ARE STRUGGLING WITH SMALL DEBTS  http://www.pbs.org/newshour/bb/american-students-struggling-defaulting-small-debts/


CommonDreams, February 17, 2015
-▶  SEN BERNIE SANDERS: "WE NEED REVOLUTION IN WAY HIGHER EDUCATION IS FUNDED" - "Because of the high cost of higher education, many bright young people can no longer afford to go to college and millions of others are leaving school saddled with debt," he said. "This is absurd. This is absolutely counter-productive to our efforts to create a strong economy " http://www.commondreams.org/news/2015/02/17/sanders-we-need-revolution-way-higher-education-funded


ProPublica

-▶  COLLEGE DEBT Total outstanding college debt is estimated at $1 trillion dollars – higher than the national credit card debt -- and with costs still soaring, the burden on students and their families shows no signs of abating. We're examining how the complicated system of college debt is putting the squeeze on families. http://www.propublica.org/series/college-debt


 July 20, 2012 Common Dreams

-▶  PRIVATE STUDENT LOAN LENDING PARALLELS SUB-PRIME LENDING SCANDAL http://www.commondreams.org/headline/2012/07/20-0


August 6, 2012 Jim Hightower: Truthout

-▶  TURNING COLLEGE STUDENTS INTO COMMODITIES http://truth-out.org/opinion/item/10715-turning-college-students-into-commodities

 

July 2, 2012 ProPublica

-▶  BANKS' LENDING FRENZY LEFT BORROWERS BURIED IN STUDENT DEBT, REPORT DETAILS http://www.propublica.org/article/banks-lending-frenzy-left-borrowers-buried-in-student-debt-report-details


                                                --- WATCH ---

                              August 20, 2013 Democracy Now
                                            VIDEO REPORT
MATT TAIBBI: U.S. STUDENT LOAN BUBBLE SADDLES A GENERATION WITH DEBT AND THREATENS THE ECONOMY http://www.democracynow.org/2013/8/20/matt_taibbi_us_student_loan_bubble


MedicalPress, January 27, 2015
-▶  STUDENT LOANS TAKE EMOTIONAL TOLL ON YOUNG ADULTS http://medicalxpress.com/news/2015-01-student-loans-emotional-toll-young.html


Huffington Post, December 06, 2014
-▶  US SENATE DEMOCRAT, TOM HARKIN,  WANTS TO TAKE MONEY FROM COLLEGE STUDENTS TO PAY REVILED LOAN CONTRACTORS http://www.huffingtonpost.com/2014/12/06/tom-harkin-pell-grants_n_6278920.html


Alternet, April 01, 2014
-▶  HOW PREDATORY COLLEGE LOANS ARE BANKRUPTING THE FINANCIAL FUTURE OF AMERICA'S YOUTH  http://www.alternet.org/education/how-predatory-college-loans-are-bankrupting-financial-future-americas-youth


VIDEO REPORT

PBS Newshour, August 26, 2014

RETHINKING COLLEGE:  STUDENTS FACING CRUSHING DEBT - WALL STREET ENJOYING RECORD LOW INTEREST RATES NOT SHARED WITH COLLEGE LOANS  http://www.pbs.org/newshour/bb/wisconsin-group-wants-turn-student-borrowers-activists/


                                                 -- WATCH --

                                        Moyers Moment (2012):
                        HEATHER McGHEE ON STUDENT DEBT:
While young people are paying as much as 18 percent interest on private student loans, “the banks are getting, basically, a zero-interest loan from the government.” http://billmoyers.com/2012/04/25/moyers-moment-2012-heather-mcghee-on-student-debt

 

-▶  AND MORE ON STUDENT LOANS  FROM BILL MOYERS AND COMPANY http://billmoyers.com/search-results/?q=student+loans#gsc.tab=0&gsc.q=student%20loans&gsc.page=1

 

Nation of Change, May 12, 2014
-▶  HIGHER ED, NOT DEBT:  A COALITION TACKLES AMERICA'S STUDENT FINANCIAL CRISIS http://www.nationofchange.org/higher-ed-not-debt-coalition-tackles-america-s-student-financial-crisis-1399897898

                                                 WATCH
                          Democracy Now, June 10, 2014
IS COLLEGE WORTH IT? NEW DOC "IVORY TOWER" TACKLES HIGHER ED'S UNSUSTAINABLE SPENDING -- STUDENT DEBT - A GROWING CORPORATE BUSINESS The cost of a college degree has grown by over 1,120 percent in the past three decades, far surpassing price hikes for food, medical care, housing, gasoline, and other basics. Coupled with $1.2 trillion in student debt, the U.S. is facing a crisis that threatens not just the economy but the nation’s education system itself. http://www.democracynow.org/2014/6/10/is_college_worth_it_new_doc

 

 Bloomberg Businessweek, January 16, 2014
-▶  STUDENT LOANS, THE NEXT BIG THREAT TO THE U.S. ECONOMY? http://www.businessweek.com/articles/2014-01-16/student-loans-the-next-big-threat-to-the-u-dot-s-dot-economy


TruthOut, February 23, 2015
- DEBT FOR THE NEXT GENERATION : SWIMMING WITH THE SHARKS: GOLDMAN SACHS, SCHOOL DISTRICTS AND CAPITAL APPRECIATE BONDS SCAMRemember when Goldman Sachs sold derivatives to Greece so the government could conceal its debt, then bet against that debt, driving it up? It seems that the ubiquitous investment bank has also put the squeeze on California and its school districts.  http://truth-out.org/news/item/29241-swimming-with-the-sharks-goldman-sachs-school-districts-and-capital-appreciation-bonds


HuffingtonPost, December 26, 2014
-▶  A LOOK AT THE 'DOUBLE LIVES' OF AMERICA'S HOMELESS COLLEGE STUDENTS : More than 58,000 homeless college students in America today

http://www.huffingtonpost.com/2014/12/26/college-student-homeless-boston_n_6145980.html


HuffingtonPost, November 06, 2014
-▶  INCENTIVIZING THE BEAST: WE'VE BEEN DOWN THIS ROAD BEFORE: THE TREASURY DEPARTMENT ENDORSES WINDFALL TO STUDENT LOAN SERVICERS NOT BORROWERS: SLAMMED BY SEN ELIZABETH WARREN. The U.S. Treasury Department praised a move, already panned by Sen. Elizabeth Warren (D-Mass.), to increase the amount of money the federal government pays its student loan contractors....What Raskin neglected to say was that taxpayers will fund a bump in pay for the student loan servicers even if their performance does not improve.... "The idea of the renegotiation was to help the borrowers, not to make the servicers richer," http://www.huffingtonpost.com/2014/11/06/sarah-bloom-raskin-student-loans_n_6117960.html


VIDEO
SEN. ELIZABETH WARREN PINS BANKER TO THE WALL

ON STUDENT DEBT RELIEF

http://www.dailykos.com/story/2014/08/01/1318427/-Elizabeth-Warren-pins-banker-to-the-wall-on-student-debt-relief


Nightly Business Report, September 19, 2014
-▶  STUDENT LOAN DEBT ISN'T JUST FOR THE YOUNG: Americans now owe a record $1.2 trillion in student loan debt and if that’s not bad enough, the crisis is taking on a new dimension: people near retirement age hold more of that debt than ever before. http://nbr.com/2014/09/19/student-debt-burdens-seniors/

Nightly Business Report, November 21, 2014
-▶  STUDYING ABROAD CAN CUT COLLEGE COSTS IN HALF. Earlier this fall, Lower Saxony became the last state in Germany to scrap public university tuition. Germans—and international students—can now study for free. http://nbr.com/2014/11/21/studying-abroad-can-cut-college-costs-in-half/


The New Yorker, September 17, 2014
-▶  THE OCCUPY MOVEMENT TAKES ON THE STUDENT DEBT CRISIS http://www.newyorker.com/business/currency/occupy-movement-takes-student-debt

 

                                    =========================

                                                BANKRUPTCY


August 21, 2013 Rolling Stone, Matt Taibbi:
-▶  NO  BANKRUPTCY FOR STUDENT LOANS -- WE'RE SADDLING COLLEGE STUDENTS WITH CRUSHING DEBT ... AND GOVERNMENT IS ACTING LIKE GREEDY PROFITEERS http://www.globalpossibilities.org/matt-taibbi-were-saddling-college-students-with-crushing-debt-and-the-govt-is-acting-like-a-greedy-profiteer/


Gawker, August 21, 2013
-▶  TIME TO BRING BANKRUPTCY BACK FOR STUDENT LOAN DEBT

http://gawker.com/time-to-bring-bankruptcy-back-for-student-loan-debt-1177948307


Student Loan Borrower Assistance
-▶  STUDENT LOAN BANKRUPTCY

 http://www.studentloanborrowerassistance.org/bankruptcy/


The Smart Student Guide to Financial Aid
-▶  ANSWERING YOUR QUESTIONS:  STUDENT LOAN BANKRUPTCY EXCEPTION http://www.finaid.org/questions/bankruptcyexception.phtml

 

                            ===========================


April 26, 2012 The Atlanta Journal-Constitution - Jay Bookman

-▶  THE REAL STUDENT-LOAN SCANDAL:
College graduates with large debt aren’t really the problem. The larger problem is the predatory for-profit schools that have popped up around the country to try to separate students from their college-loan money and in the process deliver little in the way of useful education.
The industry is large and growing rapidly. During the 2008-2009 academic year, those schools collected $4.3 billion in Pell grants and $20 billion in federal loans. That’s more than double the amount that they received as recently as 2005. The real student-loan scandal http://blogs.ajc.com/jay-bookman-blog/2012/04/26/the-real-student-loan-scandal/

 

              THE CORPORATE TAKEOVER OF PUBLIC EDUCATION: 

                                   A BILLION DOLLAR INDUSTRY

                                              http://sco.lt/6TB37x


                            ===========================



                                            VIDEO REPORT

                                  RETURN OF DEBTORS' PRISON

MANY STILL JAILED FOR INABILITY TO PAY FINES OR DEBTS

                                           http://sco.lt/6dPxvl


ProPublica, September 15, 2014
-▶  UNSEEN TOLL:  WAGES OF MILLIONS SEIZED TO PAY PAST DEBTS. A new study provides the first-ever tally of how many employees lose up to a quarter of their paychecks over debts like unpaid credit card or medical bills and student loans. http://www.propublica.org/article/unseen-toll-wages-of-millions-seized-to-pay-past-debts


ProPublica Investigations
-▶  UNFORGIVEN - THE LONG LIFE OF DEBT http://www.propublica.org/series/unforgiven


Investopedia, December 18, 2014
-▶  5 THINGS DEBT COLLECTORS ARE FORBIDDEN TO DO You may want to use one of these sample letters to debt collectors published by the Consumer Financial Protection Bureau. To learn more, read Protect Yourself From Zombie Debt Collectors.. read How The Debt Collection Agency Business Works.

http://linkis.com/www.investopedia.com/DqmE4




 -▶ BUSINESS DOING GOOD:  THE MILLENNIALS:  A GUIDE TO CORPORATE CITIZENSHIP http://sco.lt/5EJkIL


The Atlantic, September 8, 2014
 -▶ HOW MILLENNIALS SPEND. They prefer their foods organic, their products natural, and their banks small http://www.theatlantic.com/business/archive/2014/09/how-millennials-spend/379713/


                                    =========================

 

                               THE PUBLIC-PRIVATE PARTNERSHIP -

                                       PRIVATIZING EVERYTHING

                                            http://sco.lt/8KkknR

 

                                     =========================


                                     CORPORATE "INVERSIONS"

HOW DEREGULATION IS DESTROYING SOCIETY, AS THE RICH GET RICHER AND THE POOR GET POORER http://sco.lt/51dYjh


                              =========================


 

No comment yet.
Scooped by pdjmoo
Scoop.it!

How Deregulation/Tax Loopholes are Destroying Society, As The Rich Get Richer and the Poor Get Poorer

How Deregulation/Tax Loopholes are  Destroying Society, As The Rich Get Richer and the Poor Get Poorer | CORPORATE SOCIAL RESPONSIBILITY – | Scoop.it

      HOW FINANCIAL DEREGULATION IS DESTROYING THE WORLD

                      Rolling Stone, Matt Tabbi, February 12, 2014

How Mega Banks, Corporations Drove A Mack Truck Thru A Loophole to Dominate and Control Global Politics, Industry and Society.

Banks are no longer just financing heavy industry. They are actually buying it up and inventing bigger, bolder and scarier scams than ever.

   Today, banks like Morgan Stanley, JPMorgan Chase and Goldman Sachs own oil tankers, run airports and control huge quantities of coal, natural gas, heating oil, electric power and precious metals. They likewise can now be found exerting direct control over the supply of a whole galaxy of raw materials crucial to world industry and to society in general, including everything from food products to metals like zinc, copper, tin, nickel and, most infamously thanks to a recent high-profile scandal, aluminum. And they're doing it not just here but abroad as well: In Denmark, thousands took to the streets in protest in recent weeks, vampire-squid banners in hand, when news came out that Goldman Sachs was about to buy a 19 percent stake in Dong Energy, a national electric provider. The furor inspired mass resignations of ministers from the government's ruling coalition, as the Danish public wondered how an American investment bank could possibly hold so much influence over the state energy grid.

                                              Wall Street's War

   But banks aren't just buying stuff, they're buying whole industrial processes. They're buying oil that's still in the ground, the tankers that move it across the sea, the refineries that turn it into fuel, and the pipelines that bring it to your home. Then, just for kicks, they're also betting on the timing and efficiency of these same industrial processes in the financial markets – buying and selling oil stocks on the stock exchange, oil futures on the futures market, swaps on the swaps market, etc.

    But those are purely financial schemes. In these new, even scarier kinds of manipulations, banks that own whole chains of physical business interests have been caught rigging prices in those industries.

Read more: http://www.rollingstone.com/politics/news/the-vampire-squid-strikes-again-the-mega-banks-most-devious-scam-yet-20140212


Oxfam International, April 18, 2015
-▶  WORLD BANK/IMF SPRING MEETINGS FAIL TO ADD THEIR WEIGHT BEHIND OVERHAULING FLAWED INTERNATIONAL TAX SYSTEMS https://www.oxfam.org/en/pressroom/reactions/oxfam-verdict-world-bankimf-spring-meetings


Politico, April 16, 2015
-▶  U.S. HOUSE QUIETLY PASSES TAX EXEMKPTION FOR MEGADONORS SECRETIVE NON-PROFIT GROUPS http://www.politico.com/story/2015/04/house-quietly-passes-tax-cut-for-megadonors-117067.html


Guardian Sustainable Business, March 23, 2015
-▶  WE MUST LET GO OF THIS 'TRICKLE-DOWN 'NONSENSE ONCE AND FOR ALL. The commodification of our lives is creating a time-poor society that damages our happiness and our planet, and will ultimately harm our economy too http://www.theguardian.com/sustainable-business/2015/mar/23/growth-inequality-society-commons-commodification-happiness


Mother Jones, September 11, 2014
-▶ THE RICH ARE EATING RICHER, THE POOR ARE EATING POORER. First of all, incomes have stagnated. Overall real median incomes today stand at 1989 levels, as this September US Federal Reserve report shows. And real median incomes declined 5 percent between 2010 and 2013, the report shows, even as income levels at the top expanded. That means that the "recovery" of the past three years hasn't felt like much of one for millions of families... http://www.motherjones.com/tom-philpott/2014/09/food-inequality


Guardian, George Monbiot, March 31, 2015
WEALTH 'CREATORS' ARE ROBBING OUR MOST PRODUCTIVE PEOPLE http://www.theguardian.com/commentisfree/2015/mar/31/wealth-creators-klepto-rewards-bosses


Mint Press, October 04, 2014
GLOBAL INEQUALITY REACHES LEVELS NOT SEEN IN NEARLY 200 YEARS http://www.mintpressnews.com/global-inequality-reaches-levels-seen-nearly-200-years/197301/

 
                  WHY INEQUALITY IS AN ECONOMIC PROBLEM

                 New Economics Foundation, December 18, 2014

http://www.neweconomics.org/blog/entry/why-inequality-is-an-economic-problem


Oxfam International Blogs, Febuary 01, 2015
-▶ WHY GREECE REJECTED THE AUSTERITY THAT INCREASED POVERTY AND INEQUALITY  http://blogs.oxfam.org/en/blogs/15-02-09-why-greece-rejected-austerity-increased-poverty-and-inequality


Truthout, September 11, 2014
-▶ AN ECONOMIC HIT MAN SPEAKS OUT:  JOHN PERKINS ON HOW INDEBTED COUNTRIES HAVE FALLEN VICTIM TO "ECONOMIC HIT MEN"  In the case of Greece today, it's the IMF, World Bank and the EU [European Union] that make tremendous demands on the country: increase taxes, cut back on spending, sell public sector utilities to private companies, things like power companies and water systems, transportation systems, privatize those, and basically become a slave to us, to the corporations...organizations like the World Bank, the IMF, the EU, are tools of the big corporations, what I call the "corporatocracy." http://www.truth-out.org/news/item/26112-an-economic-hit-man-speaks-out-john-perkins-on-how-greece-has-fallen-victim-to-economic-hit-men


Oxfam International, January 19, 2015
-▶ WEALTH: HAVING IT ALL AND WANTING MORE http://www.oxfam.org/en/research/wealth-having-it-all-and-wanting-more


29 March, 2013 - Common Dreams

-▶  MULTI-NATIONAL CORPORATIONS INCREASINGLY ABANDONING AMERICA TO AVOID REGULATIONS AND TAXES Their antennae point to places where taxes are very low, labor is wage slavery, independent unions are non-existent, governments have their hands out, and equal justice under the rule of law does not exist. https://www.commondreams.org/view/2013/03/28-11


Reuters, February 25, 2014

▶  MANY BIG U.S. CORPORATIONS PAY VERY LITTLE OR NO TAXES : REPORT http://www.reuters.com/article/2014/02/26/us-usa-tax-corporate-idUSBREA1P04Q20140226


Truthout, December 04, 2014
-▶  TAX-DODGING: WE NEED TO START HOLDING CORPORATIONS AND BANKS  ACCOUNTABLE http://truth-out.org/opinion/item/27822-we-need-to-stop-bending-over-for-the-banksters


Rolling Stone, February 14, 2014
-▶ THE VAMPIRE SQUID STRIKES AGAIN:  THE MEGA BANKS' MOST DEVIOUS SCAM YET http://www.rollingstone.com/politics/news/the-vampire-squid-strikes-again-the-mega-banks-most-devious-scam-yet-20140212


Guardian, January 23, 2015
-▶ AS INEQUALITY SOARS, THE NERVOUS SUPER RICH ARE ALREADY PLANNING THEIR ESCAPES. Hedge fund managers are preparing getaways by buying airstrips and farms in remote areas, former hedge fund partner tells Davos during session on inequality

  http://www.theguardian.com/public-leaders-network/2015/jan/23/nervous-super-rich-planning-escapes-davos-2015


                                              VIDEO REPORT
                                    The Real News, October 24, 2014
THE FINANCIALIZATION OF LIFE:  PROFITING WITHOUT PRODUCING. Costas Lapavitsas is a professor in economics at the University of London School of Oriental and African Studies. He teaches the political economy of finance, and he's a regular columnist for The Guardian.

 http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=12553


HuffPost Politics, December 13, 2014
-▶ SEN ELIZABETH WARREN RIPS CITIGROUP FOR WEAZLING WALL STREET GIVEAWAY INTO GOVERNMENT SPENDING BILL http://www.huffingtonpost.com/2014/12/12/elizabeth-warren-citigroup-bill_n_6318446.html


Campaign For America's Future, April 28, 2014
-▶ MAKING CORPORATE TAX BREAKS PERMANENT HOW CONGRESS RIGS THE RULES http://ourfuture.org/20140428/corporate-tax-breaks-how-congress-rigs-the-rules


Rolling Stone, May 10, 2012, Matt Tabbi,
-▶ HOW WALL STREET KILLED FINANCIAL REFORM
http://www.rollingstone.com/politics/news/how-wall-street-killed-financial-reform-20120510


HuffingtonPost Politics, November 22, 2014
-▶ Sen. Elizabeth Warren: ENOUGH IS ENOUGH:  WITH OBAMA's WALL STREET APPOINTEES  http://www.huffingtonpost.com/elizabeth-warren/presidents-wall-street-nominee_b_6188324.html


Harvard Business Review, October 24, 2014
WHAT WILL IT TAKE TO CHANGE THE CULTURE OF WALL STREET. IT STARTS WITH SOCIOLOGY INSTEAD OF ECONOMICS http://blogs.hbr.org/2014/10/what-it-will-take-to-change-the-culture-of-wall-street/


                                               BEYOND GDP 

                                              VIDEO REPORT

            The Search For A New Economic System - With Meaning

                                            http://sco.lt/8HZxrN


▶  UN: THE ERA OF EVER-LASTING PRODUCTION BASED ON MAXIMIZING PROFITS HAS REACHED ITS LIMITS http://sco.lt/6C3RoH


                                          WHO'S IN CONTROL

                  NATION STATES OR GLOBAL CORPORATIONS?

                  DOES YOUR DEMOCRATIC VOTE EVEN COUNT?

                                            http://sco.lt/5Vb2dl


New York Times, March 01, 2014

BIG-MONEY DONORS DEMAND LARGER SAY IN CAMPAIGN STRATEGY http://www.nytimes.com/2014/03/02/us/politics/big-money-donors-demand-larger-say-in-party-strategy.htm


Peak Prosperity, December 03, 2014
-▶ OIL AND THE GLOBAL SLOWDOWN: We are being driven by our system of money, we serve it not the other way around, which is a tragedy of both epic and comic proportions. http://www.peakprosperity.com/blog/89380/oil-and-global-slowdown


Forbes, February 05, 2015
-▶ THE WORLD'S DUMBEST IDEA? MAXIMIZING SHAREHOLDER VALUE http://www.forbes.com/sites/stevedenning/2015/02/05/salesforce-ceo-slams-the-worlds-dumbest-idea-maximizing-shareholder-value/


PBS Newshour, September 25, 2014
WHAT CONTEMPORARY CAPITALISM COULD LEARN FROM FAIRY TALES; “The financial meltdown of 2008 was, at its core, a moral catastrophe.” http://www.pbs.org/newshour/making-sense/what-contemporary-capitalism-needs-to-learn-from-fairy-tales/


                                          VIDEO REPORT
                        Moyers and Company, February 14, 2014

                   THE TRIUMPH OF CAPITAL OVER DEMOCRACY

http://billmoyers.com/segment/david-simon-on-our-rigged-political-system/


March 1, 2013 Global Research
▶  PREDATORY CAPITALISM AND THE RISE OF THE "GLOBAL CORPORATOCRACY". http://www.globalresearch.ca/rise-of-the-global-corporatocracy-an-interview-with-john-perkins/5329456


▶  SHOULD COMPANIES COMPENSATE SOCIETY FROM ENVIRONMENTAL DESTRUCTION FROM WHICH THEY PROFIT http://sco.lt/5x2tqz


Guardian, October 13, 2014
-▶ AS THE RICH GET RICHER -- COULD TRIGGER A GLOBAL RECESSION. The richest 1% of the world’s population are getting wealthier, according to a Credit Suisse report which warned growing inequality could be a trigger for recession. “Taken together, the bottom half of the global population own less than 1% of total wealth. In sharp contrast, the richest decile hold 87% of [...] http://www.theguardian.com/business/2014/oct/14/richest-1percent-half-global-wealth-credit-suisse-report


Campaign For America's Future, January 26, 2015
-▶ CORPORATE TAX BREAK SCHEME IS GAINING A DANGEROUS MOMENTUM. There is no real argument over whether the nation needs to do more to improve its infrastructure – its transportation, water, power and information networks. But there is an argument over how best to pay for it all – and that argument is increasingly turning in a dangerous direction  http://ourfuture.org/20150126/corporate-tax-break-scheme-is-gaining-a-momentum-we-must-stop?utm_source=progressive_breakfast&utm_medium=email&utm_campaign=pbreak


International Consortium of Investigative Journalists , January 03, 2014
-▶ SECRET OFFSHORE FINANCIAL RECORDS TRIPLED IN 2013 http://www.icij.org/blog/2013/04/release-offshore-records-draws-worldwide-response

 

International Consortium of Investigative Journalists, January 06, 2014
  -▶ IN U.S., EFFORTS TO FIGHT OFFSHORE SECRECY HIT SNAGS - WHO OWNS WHAT CORPORATION? http://www.icij.org/blog/2014/01/us-efforts-fight-offshore-secrecy-hit-snags


Center for Economic & Policy Research, May 15, 2013

-▶ CUTTING SOCIAL SECURITY AND NOT TAXING WALL STREET  http://www.cepr.net/index.php/op-eds-&-columns/op-eds-&-columns/cutting-social-security-and-not-taxing-wall-street


           THE WORLD IS SITTING ON A CONSUMPTION TIME BOMB

                                           http://sco.lt/7sR3eT


                  THE FALSEHOOD OF SHAREHOLDER FIDUCIARY

               Guardian Sustainable Business, November 05, 2014

SOCIETY MUST CALL BUSINESS' BLUFF ON ITS FIXATION WITH PROFIT MAXIMISATION. It is extraordinary how many executives still cling to behaviour that may well in the future be considered criminal. While the falsehood that fiduciary duty means solely making money for shareholders is being chipped away, many business leaders still cling on to this behaviour. http://www.theguardian.com/sustainable-business/2014/nov/05/society-business-fixation-profit-maximisation-fiduciary-duty


Harvard Business Review, May 15, 2014
- ▶ TAKING BUSINESS BACK FROM WALL STREET: THE DANGERS OF MANAGING COMPANIES FOR SHAREHOLDERS  http://blogs.hbr.org/2014/05/taking-business-back-from-wall-street/


September 9, 2013 Washington Post
HOW THE CULT OF SHAREHOLDER VALUE WRECKED AMERICAN BUSINESS http://www.washingtonpost.com/blogs/wonkblog/wp/2013/09/09/how-the-cult-of-shareholder-value-wrecked-american-business/


May 10, 2013 Harvard Business Review
▶  PARTING WAYS WITH PUBLIC TRADING http://blogs.hbr.org/cs/2013/05/parting_ways_with_public_tradi.html


                                                   A VIP READ:

THE ECONOMICS AND MORALITY OF CURBING SPECULATION IN FOOD, WATER AND VITAL RESOURCES http://sco.lt/8YbdY1


 Rolling Stone, Matt Taibbi, July 9, 2009

-▶ THE GREAT AMERICAN BUBBLE MACHINE. From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression -- and they're about to do it again, Read more: http://www.rollingstone.com/politics/news/the-great-american-bubble-machine-20100405#ixzz2tNBMth7d

 

-▶  IS WALL STREET STOCK MARKET RIGGED?  Interview with Author, Michael Lewis: A Wall Street Revolt "The Flash Boys" http://www.npr.org/2014/04/01/297686724/on-a-rigged-wall-street-milliseconds-make-all-the-difference

                                                      WATCH:
                          CBS News, 60 Minutes, March 28, 2014
                                 THE WALL STREET CASINO:

                         IS THE U.S. STOCK MARKET RIGGED?
                                           THE "FLASH BOYS"
     http://www.cbsnews.com/news/is-the-us-stock-market-rigged/


-▶  THE COLLABORATIVE/SHARING ECONOMY IS EXPLODING http://sco.lt/5QA4vJ


August 6, 2013 Truthout

-▶  THE DETROIT BAIL-IN TEMPLATE: FLEECING PENSIONERS TO SAVE THE BANKS http://www.truth-out.org/news/item/17996-the-detroit-bail-in-template-fleecing-pensioners-to-save-the-banks


Grist, September 19, 2014
-▶ NAOMI KLEIN IS RIGHT:  UNCHECKED, UNBRIDLED CAPITALISM WILL DESTROY CIVILIZATION http://grist.org/climate-energy/naomi-klein-is-right-unchecked-capitalism-will-destroy-civilization/


                                             VIDEO REPORT

                   The Real News Network, November 14, 2014

                    HOW DEEP IS THE ROT ON WALL STREET? 

Joseph Fichera's op-ed in the New York Times shows the full depravity of Wall Street's resistance to regulation, says white collar criminologist Professor William Black 

http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=12646

 

                                 Rolling Stone, November 06, 2014
                            THE NINE BILLION DOLLAR WITNESS

                  MEET JPMORGAN CHASE'S WORST NIGHTMARE http://www.rollingstone.com/politics/news/the-9-billion-witness-20141106


                                            VIDEO REPORT

                          Democracy Now, November 07, 2014
MATT TAIBBI AND BANK WHISTLEBLOWER ON HOW JPMORGAN CHASE HELPED WRECK THE ECONOMY http://www.democracynow.org/2014/11/7/matt_taibbi_and_bank_whistleblower_on

 

Alternet, November 18, 2014
-▶  7 CORPORATIONS THAT PAY THEIR CEOs MORE THAN THEY PAY IN TAXES  http://www.alternet.org/7-corporations-pay-their-ceos-more-they-pay-taxes

 

CSRWire, December 12, 2013

 ▶ AMID DEBATE OVER MINIMUM WAGE, NEW REPORT SHOWS TAXPAYERS SUBSIDIZE CORPORATE PAY http://www.csrwire.com/blog/posts/1144-amid-debate-over-minimum-wage-new-report-shows-taxpayers-subsidize-corporate-pay


-▶ WHY AMAZON HAS NO PROFITS (AND WHY IT WORKS)  | Andreessen Horowitz http://a16z.com/2014/09/05/why-amazon-has-no-profits-and-why-it-works/


                                     ===================

                                            LUXEMBOURG


                                           VIDEO REPORT

                               CNBC TV - November 06, 2014

$95 BILLION - $416 BILLION USA CORPORATE TAX AVOIDANCE SCHEME IN LUXEMBOURG EXPOSED http://www.cnbc.com/id/102141877#.

 

 Guardian, November 05, 2014
-▶  LUXEMBOURG TAX FILES:  HOW TINY STATE RUBBER-STAMPED TAX AVOIDANCE ON INDUSTRIAL SCALE  http://www.theguardian.com/business/2014/nov/05/-sp-luxembourg-tax-files-tax-avoidance-industrial-scale


MULTI-NATIONAL BRAND NAMES EXPOSED IN TAX AVOIDANCE SCHEME REVEALED. They are everyday multi-national brand names, products and services we all use – but where does the money go and how much tax do these companies pay?  http://www.icij.org/project/luxembourg-leaks/leaked-documents-expose-global-companies-secret-tax-deals-luxembourg

 

                                           ORIGINAL REPORT

                  International Consortium of Investigative Journalists
                 LUXEMBOURG LEAKS.  SECRET TAX DEALS EXPOSED

                        http://www.icij.org/project/luxembourg-leaks


Irish Times, November 05, 2014
-▶  IKEA, PEPSI AMONGST 340 COMPANIES WITH SECRET LUXEMBOURG TAX DEALS  http://www.irishtimes.com/business/economy/exposed-ikea-pepsi-amongst-340-companies-with-secret-luxembourg-tax-deals-1.1989484

 

International Consortium of Investigative Journalists, Nov. 06, 2014
-▶  'LUX LEAKS' REVELATIONS BRING SWIFT RESPONSE AROUND THE WORLD  http://www.icij.org/project/luxembourg-leaks/lux-leaks-revelations-bring-swift-response-around-world


International Consortium of Investigative Journalists
-▶  SECRECY FOR SALE:  INSIDE THE GLOBAL OFFSHORE MONEY MAZE http://www.icij.org/offshore


                                       =======================

                                                     VIDEO

                             "WHO PROFITS FROM POVERTY?

                                            http://sco.lt/4qDiJl


Alternet, January 04, 2014

-▶ HOW CORPORATIONS ARE CHEATING MILLIONS OF SCHOOL CHILDREN OUT OF BILLIONS IN EDUCATION FUNDS. If corporations want an educated, skilled workforce (as they say they do), they should stop skimping on state taxes.  http://www.alternet.org/education/how-corporations-are-cheating-millions-school-children-out-billions-education-funds


Harvard Business Review, August 29, 2014

▶  WHATEVER HAPPENED TO CORPORATE STEWARDSHIP?

When corporations dodge taxes, it's an ethical issue.

http://blogs.hbr.org/2014/08/whatever-happened-to-corporate-stewardship/


                            RETURN OF DEBTORS' PRISON IN USA

IMPOVERISHED JAILED FOR INABILITY TO PAY FINES OR OLD DEBTS : INEQUALITY WIDENS  http://sco.lt/68dlAX


ProPublica, September 15, 2014
-▶ UNSEEN TOLL:  WAGES OF MILLIONS SEIZED TO PAY PAST DEBTS. A new study provides the first-ever tally of how many employees lose up to a quarter of their paychecks over debts like unpaid credit card or medical bills and student loans. http://www.propublica.org/article/unseen-toll-wages-of-millions-seized-to-pay-past-debts


Bill Moyers, November 20, 2014
▶  TAX-DODGING WAL-MART HOLDS ANOTHER FOOD DRIVE FOR ITS IMPOVERISHED WORKERS. http://billmoyers.com/2014/11/20/walmart/


Guardian, May 06, 2014
-▶  NEOLIBERALISM HAS BROUGHT OUT THE WORST IN US - PSYCHOPATHIC THINKING. 'We are forever told that we are freer to choose the course of our lives than ever before, but the freedom to choose outside the success narrative is limited.'  http://www.theguardian.com/commentisfree/2014/sep/29/neoliberalism-economic-system-ethics-personality-psychopathicsthic


                                                VIDEO REPORT

           LOBBYING:  MURKY BUSINESS OR DEMOCRATIC NECESSITY?

                                          http://sco.lt/6k957p


 

                                             ==============

                                TAX AVOIDANCE & INVERSIONS

                                              ==============


Rolling Stone, August 27, 2014
-▶ THE BIGGEST TAX SCAM EVER

The world's richest corporations are getting away with fleecing hundreds of billions of tax dollars from the rest of us. Some of America's top corporations are parking profits overseas and ducking hundreds of billions in taxes.  http://www.rollingstone.com/politics/news/the-biggest-tax-scam-ever-20140827


USA Today, August 31, 2014
-▶ AVOID TAXES? 10 THINGS TO KNOW ABOUT CORPORATE INVERSIONS http://www.usatoday.com/story/money/business/2014/08/31/corporate-tax-inversions/14686959/


Naked Capitalism, January 05, 2015
-▶ CORPORATE TAX INVERSION REMAINS (HUGE) http://www.nakedcapitalism.com/2015/01/tax-inversion-remains-huge.html


 The Washington Post, September 22, 2014
 ▶  OBAMA ADMINISTRATION ANNOUNCES NEW RULES TO DISCOURAGE CORPORATE TAX INVERSIONS http://www.washingtonpost.com/business/economy/2014/09/22/e5294e0a-429d-11e4-b437-1a7368204804_story.html?wpisrc=al_comboNE

 

The Washington Post, August 06, 2014

 ▶  JUMPING SHIP: U.S. POLICYMAKERS BRACE FOR RASH OF CORPORATE EXPATRIATIONS:  DESERTING AMERICA FOR "GREENER" TAX PASTURES, LESS REGULATION   http://www.washingtonpost.com/business/economy/us-policymakers-gird-for-rash-of-corporate-expatriations/2014/08/05/4898ca5e-18d9-11e4-9349-84d4a85be981_story.html?wpisrc=nl_most

 

Common Dreams, August 27, 2014

 ▶  BURGER KING 'INVERSION' ALLOWS IT TO PROFIT OFF PUBLIC, DODGE TAXES, SAY CRITICS http://www.commondreams.org/news/2014/08/27/burger-king-inversion-allows-it-profit-public-dodge-taxes-say-critics

 

                                ============================

                                      PRIVATIZING EVERYTHING

                        THE PUBLIC-PRIVATE "PARTNERSHIP"

                                          http://sco.lt/67XHiD

 

THE INFLOW: National Business Report, September 17, 2014

-▶ WHY CHINESE MONEY IS FLOODING AMERICAN MARKETS http://nbr.com/2014/09/17/why-chinese-money-is-flooding-american-markets/


FastCoDesign, September 15, 2014
-▶ IKEA IS A  NONPROFIT, AND YES, THAT'S EVERY BIT AS FISHY AS IT SOUNDS http://www.fastcodesign.com/3035734/infographic-of-the-day/ikea-is-a-nonprofit-and-yes-thats-every-bit-as-fishy-as-it-sounds

 

                                                       WATCH

                                                   CNBC VIDEO
 ▶  BILL CLINTON:  FIRMS OF THE FUTURE WILL CARE MORE ABOUT PEOPLE, LESS ABOUT PROFITS  http://www.cnbc.com/id/102025913

 

YES Magazine, September 09, 2014
 ▶  A WEALTHY CAPITALIST ON WHY MONEY DOESN'T TRICKLE DOWN http://www.yesmagazine.org/issues/the-end-of-poverty/wealthy-capitalist-nick-hanauer-on-why-money-doesn-t-trickle-down

 

EcoNexus, June 2012
WHERE'S THE DEBATE ABOUT CORPORATE POWER RUN AMOK A response to the proposal for a Convention on Corporate Sustainability Reporting http://www.econexus.info/publication/rio20-wheres-debate-about-corporate-power

 

Guardian April 08, 2014, George Monbiot

-▶ HOW HAVE THESE CORPORATIONS COLONIZED OUR PUBLIC LIFE? Power is shifting: to places in which we have no voice or vote. Domestic policies are forged by special advisers and spin doctors, by panels and advisory committees stuffed with lobbyists http://www.theguardian.com/commentisfree/2014/apr/08/corporations-public-life-unilever


 ▶  CAPITALISM NEEDS RETHINKING BUT WHAT ARE THE OPTIONS? http://sco.lt/6X0IC1

 

                                                 VIDEO REPORT
                            PBS NewsHour, September 05, 2014

MORE PART-TIME WORKERS SUFFER INSTABILITY, LONG HOURS TO MAKE ENDS MEET -- AS WALL STREET STOCK MARKET SOARS
http://www.pbs.org/newshour/bb/new-job-growth-doesnt-indicate-strong-labor-market/

 

-▶ CORPORATE PROFITS TRUMPS FAIR WAGES

More than half of U.S. fast food workers on public aid, report says http://sco.lt/5zp197

 

YES Magazine
END OF POVERTY http://www.yesmagazine.org/issues/the-end-of-poverty

                                                         VIDEO

                              "CAN WE SHOP TO END POVERTY" 

                                             With Ananya Roy

                 Global Envision: Exploring Market-driven Solutions to Poverty

http://www.globalenvision.org/2013/08/06/%E2%80%9Ccan-we-shop-end-poverty%E2%80%9D

- YouTube http://www.youtube.com/watch?v=mpuf-N66CGI


                                      THE UNITED STATES OF 'ALEC'

SHAPING AND CONTROLLING SPECIAL INTEREST LEGISLATION: ONE STATE AT A TIME http://sco.lt/68GD8z


                                                 VIDEO REPORT
                          PBS Newshour, September 03, 2014
WHY SO MANY COLLEGE GRAD ARE HIGHLY-EDUCATED, WELL PLACED, AND GOING NOWHERE

http://www.pbs.org/newshour/rundown/college-grads-struggling-entry-adulthood/

 

                                       CRUSHING COLLEGE DEBT

A TRILLION DOLLAR BUSINESS: PREDATORY LOANS AND AN UNKNOWN FUTURE  http://sco.lt/8wWGOX


 

Center for Public Integrity, February 17, 2014

-▶ AFTER THE MELTDOWN: In the fall of 2008, the U.S. economy nearly collapsed thanks to an unprecedented wave of mortgage foreclosures. In “After the Meltdown — Where are they now?” the Center for Public Integrity revisits the subprime lenders, Wall Street banks and government regulators that were most responsible for the crash — and finds few if any have been held accountable. http://www.publicintegrity.org/business/finance/after-meltdown

 

Common Dreams, September 16, 2014
THIS CHANGES EVERYTHING : CAPITALISM vs THE CLIMATE - Naomi Klein  http://www.commondreams.org/views/2014/09/16/whether-we-engage-or-do-nothing-changes-everything

 

                                                 WATCH
                            Democracy Now, September 18, 2014
                               CAPITALISM vs. THE CLIMATE
Naomi Klein on Need for New Economic Model to Address Ecological Crisis http://www.democracynow.org/2014/9/18/capitalism_vs_the_climate_naomi_klein

 

                                                     WATCH
                 300 YEARS OF FOSSIL FUELS IN 300 SECONDS

                                            http://sco.lt/7lDG6b



  -▶ WALL STREET, CORPORATIONS BUYING UP AMERICAN, FOREIGN FARMLAND, THREATENING FUTURE OF U.S. AND WORLD AGRICULTURE http://sco.lt/8U908P

 

 ▶ WHAT HAPPENS WHEN WALL STREET OWNS THE NEIGHBORHOOD? MEET YOUR NEW LANDLORD http://sco.lt/5SjIVl

 

AlterNet, March 25, 2014
-▶  HOW WALL STREET IS SUCKING HUGE AMOUNTS OF MONEY FROM LOS ANGELES: Study  "No Small Fees: LA Spends More on Wall Street than Our Streets."  http://www.alternet.org/economy/new-report-reveals-how-wall-street-impoverishes-los-angeles

 

Salon, February 23, 2014
McDOMINATION:  HOW CORPORATIONS CONQUERED AMERICA AND RUINED OUR HEALTH http://www.salon.com/2014/02/23/mcdomination_how_corporations_conquered_america_and_ruined_our_health/


                                               WATCH (56:27)
                            STEALING AFRICA: WHY POVERTY?

                                   HOW MUCH PROFIT IS FAIR?
                  https://www.youtube.com/watch?v=WNYemuiAOfU

 

 AllAfrica.com: February 19, 2014
▶  AFRICA:  EMERGING MARKET CURRENCIES UNDER ATTACK BY THE SHARKS OF THE CASINO GLOBAL ECONOMY http://allafrica.com/stories/201402200053.html

 

                                WHEN WALL STREET WENT TO AFRICA

                                               http://sco.lt/6jxBxZ

 

 ▶  FOOD, SLAVE LABOR AND THE WALMARTIZATION OF AGRICULTURE AND AMERICA http://sco.lt/8oSVBx


                         PUTTING POLITICAL CORRUPTION ON ICE
     http://billmoyers.com/episode/putting-political-corruption-on-ice/

 

June 21, 2013 Guardian Sust

pdjmoo's insight:

    

▶  POPE FRANCIS  WARNS ON COMING "IDOLATROUS" GLOBAL ECONOMIC COLLAPSE, PLEAS FOR ENVIRONMENT http://sco.lt/9JnutN

 

▶  FINANCIALIZING NATURE COULD BANKRUPT US ALL. OLD ECONOMICS OR SUSTAINING POLICY  http://sco.lt/8Y7sK9


        YOU ARE INVITED TO FOLLOW MY NEWS AGGREGATES


▶  CLIMATE CHANGE WILL IMPACT US ALL http://www.scoop.it/t/changingplanet

▶  CORPORATE SOCIAL RESPONSIBILITY http://www.scoop.it/t/environmental-and-human-health

▶  BIODIVERSITY IS LIFE  http://www.scoop.it/t/biodiversity-is-life

▶  OUR OCEANS NEED US  http://www.scoop.it/t/our-oceans-need-us

▶  OUR FOOD, OUR HEALTH http://www.scoop.it/t/agriculture-gmos-pesticides

No comment yet.