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Five minutes into his new documentary about Steve Jobs, Man in the Machine, filmmaker Alex Gibney interjects himself, professing his incomprehension at the outpouring of grief in the wake of his subject’s death in 2011—the candlelight vigils, the... 
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Now is the moment to put moral pressure on big business, as job cuts, pollution and capital flight reach record levels, writes Professor Patrick Bond.
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Britain has been attacked by a senior US official for undermining progress on a global clampdown on tax avoidance by multinationals ahead of an international agreement to be published at the G20 talks in the autumn.
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NEW YORK – The United States and the world are engaged in a great debate about new trade agreements.
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An alternative campaign finance model has arisen, giving more political players a puncher’s chance.
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None of the world’s top industries would be profitable if they paid for the natural capital they use
We are constantly told that large corporations are ‘wealth creators’, however as is common in the Alice-In-Wonderland world of corporate propaganda, in fact the precise opposite is true, at least when one looks at the big picture.
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Amazon is at the centre of a deepening scandal in Germany as the online shopping giant faced claims that it employed security guards with neo-Nazi connections to intimidate its foreign workers.
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Studies show older businesses result in lower growth and greater inequality
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Economic democracy inside all enterprises is our era's issue, not secondary disputes over the division of production between private and state enterprises.
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SIZE may count, but it is intimate access that matters. Mergers and acquisitions (M&A) and global expansion are almost unanimously approved nowadays, unless you’re the Heineken family, who’ve opposed that view for five generations. And don’t hold your breath that they’ll change any time soon — if they ever do decide to sell, let the buyer beware.
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The Coca-Cola Company is, of course, a capitalist company meaning that its goal is to make money virtually any way possible. It’s good at this. Its market cap today is $168.7 billion according to Forbes. Since it’s founding in the late 1800’s it is now known to be the most recognized product in the world. Its goal of making money is accomplished regardless of the consequences be it environmental degradation, pollution, abuse of and destabilizing water use, worker assassinations, discrimination in the work place, or the health of individuals drinking its product, to name but a few. Promoting a product that requires purchase by huge numbers of individuals in order to make a profit necessitates deliberate efforts at creating a positive public image. It’s good at that also but it is simultaneously considered by some as one of the most evil corporations in the world – a designation that suits it well.
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For more than two decades, energy giant Chevron and Ecuadorean activists, led by American lawyer Steven Donziger, have been embroiled in a contentious lawsuit about who is responsible for contaminating a vast swath of the Amazon
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Nestlé is draining America's vital groundwater resources at a stunning rate – with 29 water bottling facilities across North America, it pocketed $4 billion in revenue from bottled water sales in 2012 alone.
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Michael Parenti - The 1% Pathology and the Myth of Capitalism: http://t.co/onNFwVN2H1 via @YouTube
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Global sportswear giant Nike made $25.3 billion in revenue last year. So why have nine workers in Indonesia just been sacked and intimidated for trying to get better conditions?
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Even the tepid and formulaic kind of democracy previously permitted in the United States is too constraining for the Lords of Capital. “In its arrogance, the oligarchy is exposing the class character of the state and providing left forces a potent weapon for building oppositional consciousness.” For the Left, “it is absolutely necessary to maintain whatever democratic space still exists while struggling to expand those spaces and rights.“
Mlik Sahib's curator insight,
May 2, 2014 2:52 AM
"To counter this increasing authoritarianism and attacks on democratic rights, progressive politics in the U.S. require that popular forces somehow maneuver between the contradictory positions of having to defend traditional bourgeois democracy and democratic rights while simultaneously advocating and organizing to go beyond its limitations and structures. Why? Because it is absolutely necessary to maintain whatever democratic space still exists while struggling to expand those spaces and rights. Countering the anti-democratic elite agenda requires the building of broad-based alternative social blocs representing and grounded in labor, women’s groups, environmental organizations, radical hip-hop, immigrant rights, LGBTQ communities, black liberation tendencies, indigenous sovereignty movements and other historically marginalized communities, on the basis of people(s)-centered human rights, social solidarity and justice and participatory democracy in all aspects of life, including economic. The struggle for democracy and democratic rights is becoming increasingly difficult with decisions like McCutcheon that have politically solidified the open collaboration between big capital and the State and narrowed the options for “normal” democratic oppositional forms of struggle. That collaboration reveals in graphic terms – more so today than before Citizens United, McCutcheon and all of the attacks on democracy – the true nature of what passes for democracy in the U.S. and the interests aligned to subvert it. In its arrogance, the oligarchy is exposing the class character of the state and providing left forces a potent weapon for building oppositional consciousness. Building on those contradictions, the fight for democratic reforms and demands for authentic democracy with mass participation and popular sovereignty in all areas of life could potentially serve as one aspect of a basic left program that provides strategic points of unity for concentrating areas of left oppositional politics."
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Human rights organizations, as well as political and social ones, are condemning what they are calling a new form of inhumane exploitation in the United States, where they say a prison population of up to 2 million – mostly Black and Hispanic – are working for various industries for a pittance. For the tycoons who have invested in the prison industry, it has been like finding a pot of gold. They don’t have to worry about strikes or paying unemployment insurance, vacations or comp time. All of their workers are full-time, and never arrive late or are absent because of family problems; moreover, if they don’t like the pay of 25 cents an hour and refuse to work, they are locked up in isolation cells.
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The Ethisphere Institute, a nine-year-old management consulting firm based in Scottsdale, AZ, is a player in the crowded field of corporate ethics rating. For the last eight years it has put out a list it labels the “World’s Most Ethical Companies.” We’ve covered it on Forbes.com since 2011 and we’re doing it again this year. You’ll see the 144 winners below and on Ethisphere’s site. The list is unranked and includes such disparate companies as Ford Motor F -0.19%, Aflac AFL +0.47%, Kellogg K +0.48% and Google GOOG +0.1% in the U.S., a Saudi hospital construction company called IHCC, PKN Orlen , a Polish oil refiner and All Good Organics, a food company in New Zealand.
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Our democracy is a fiction. We seek to maintain this fiction to keep you passive. Should you wake up, we will not shy away from draconian measures. I believe we can meet high expectations. Together, let us chart a way forward that secures your complete subjugation, the iron rule of our corporations and our power elite—at least until we make the planet wholly uninhabitable—while we continue to snuff out the liberties that once made our nation worth fighting for.
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As must appear self-evident to both historians and astute observers by now, the United States, in its history, has had a rather facile and at times acrimonious relationship to the idea of domestic democracy (If this is not self-evident, see Noam Chomsky, Hegemony or Survival, along with Failed States. For a specific analysis of this observation applied to the USA Patriot Act, see my A User’s Guide to the USA Patriot Act). What is seldom noticed, however, is the speed with which the U.S. has moved from a liberal democracy to, at best, an authoritarian government.
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Increasingly, state and federal laws are written to favor large scale corporate polluters over local governments and municipalities.
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Research by Bloomberg reveals the extent of the pay gap between executives and employees at 250 companies.
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This is social entrepreneurship on a grand scale and it works. Through our work, 4,000 companies globally are now disclosing their environmental and social performance each year in public reports. We teamed up with investors to get the Securities and Exchange Commission to require mandatory climate risk disclosure by public companies. We’ve opened the way for chief sustainability officers joining the “C” suite at Fortune 500s and mainstream investors integrating sustainability factors into their investment decisions.
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Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation
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