Topic: Corporate power
Earth’s ‘life support system’ is being destroyed by global business paradigm, UN expert warns
News / 12th March 2024UN expert calls for an urgent and radical shift in how business and the global economy operates to prevent irreversible damage to Earth’s life support system and safeguard human rights.
WTO is unfit for purpose in an era of multiple crises
Blog / 29th February 2024A civil society statement to the 13th WTO Ministerial Conference in Abu Dhabi calls for an alternative international trade framework based on food sovereignty.
‘Taken, not earned: How monopolists drive the world’s power and wealth divide’
Report / 18th January 2024The world’s top companies are using their monopoly power in their markets to hike prices and keep them high amid inflation and a cost of living crisis. In the five years to 2022, for the world’s top 20 companies, the average “markup” has risen to around 50 per cent.
Wealth of five richest men doubles since 2020 as five billion people made poorer in ‘decade of division’
Report / 15th January 2024The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020 —at a rate of $14 million per hour— while nearly five billion people have been made poorer.
UN adopts plans for historic tax reform
News / 1st December 2023Countries at the UN have adopted by a landslide majority today a resolution to begin the process of establishing a framework convention on tax and completely change how global tax rules are decided.
Poor people in the developing world have a right to medicine
Blog / 22nd November 2023People should not die because of their income or where they were born. We must have the courage to stand up to the pharmaceutical industry, writes Bernie Sanders.
Fossil fuel producers ‘literally doubling down’, new UNEP report warns
News / 10th November 2023Contrary to pledges to cut fossil fuel production, government policies worldwide will add up to a doubling of production in 2030, according to a new report from the UN environment agency..
It’s a poverty emergency and we must act
Blog / 20th October 2023Lives cut short by poverty and low-wealth is a moral indictment of a society that is abandoning millions amid abundance. This crisis requires an emergency response, writes Rev. William Barber and Rev. Liz Theoharis for Common Dreams.
From crisis to resilience: We need a new recipe to combat hunger
Blog / 9th August 2023A decent nutritious diet is now out of reach for nearly half the planet. We need a completely new recipe to address hunger and rebuild countries’ capacity to produce the food they require, writes Olivier De Schutter for IPS news.
Big business’ windfall profits rocket to “obscene” $1 trillion a year amid cost-of-living crisis
Report / 7th July 2023The world’s biggest corporations together raked in over $1 trillion in windfall profits each year for the past two years amid soaring prices and interest rates, while billions of people are having to cut back or go hungry.