Capitalism

23/01/14
Author: 
Coral Davenport

WASHINGTON — Coca-Cola has always been more focused on its economic bottom line than on global warming, but when the company lost a lucrative operating license in India because of a serious water shortage there in 2004, things began to change. Today, after a decade of increasing damage to Coke’s balance sheet as global droughts dried up the water needed to produce its soda, the company has embraced the idea of climate change as an economically disruptive force.

23/01/14
Author: 
Michael Mechanic

Most writings on climate are tedious or polemical. Windfall, journalist McKenzie Funk's fabulous new book on the business of climate change, is neither. Funk's reporting takes him all over the globe. We meet investors who are buying up land in Africa and water rights in Australia and the American West, and are wagering hundreds of millions of dollars that climate-related drought and food shortages will earn them a fortune.

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23/01/14
Author: 
Michael Mechanic
McKenzie Funk

In his new book, Windfall, journalist McKenzie Funk visits five continents to bring back stories of the movers and shakers at the forefront of the emerging business of global warming. He introduces us to land and water speculators, Greenland secessionists hoping to bankroll their cause with newly thawed mineral wealth, Israeli snow makers, Dutch seawall developers, wannabe geoengineers, private firefighters, mosquito scientists, and others who stand to benefit (at least in the short term) from climate change.

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19/01/14
Author: 
Ted Asregadoo
(Image: Smoke sunset via Shutterstock)

"Don't shoot the messenger." Richard Smith's message may be sobering, but it's based on information that suggests we've reached a tipping point when it comes to climate change. How can we reverse the effects of greenhouse gases changing our climate? Smith says we can't – at least not under a corporate capitalist framework. The logic of corporate capitalism simply won't allow the large-scale changes needed to reverse the disastrous effects global climate change will have on life on our planet.

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15/01/14
Author: 
Richard Smith

This article is a lightly revised and updated version of the article originally published as "Beyond Growth or Beyond Capitalism?" in Real-World Economics Review, issue 53, June 26, 2010, pages 28-42.

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15/01/14
Author: 
Richard Heinberg
The trade deal, negotiated in secret, is now trying to receive fact track authority so that it can be rushed through Congress with little say by elected lawmakers. (Image: CD)

The past couple of decades of globalization have been a disaster for planetary ecosystems, indigenous peoples, and most middle-class citizens, but a gravy train for big investors, investment bankers, and managers of transnational corporations.

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09/01/14
Author: 
Richard Smith
Jared Rodriguez Truthout

The results are in: No amount of "green capitalism" will be able to ensure the profound changes we must urgently make to prevent the collapse of civilization from the catastrophic impacts of global warming. The following is an updated version of an article that originally was published in the Real-World Economics Review. We consider Richard Smith's article foundational to understanding the world we live in.

02/01/14
Author: 
Linda Nguyen
Rich CEOs

TORONTO - By the time you finish lunch on Thursday, Canada's top paid CEOs will have already earned the equivalent of your annual salary. It may be hard to swallow, but according to an annual review by the Canadian Centre for Policy Alternatives, by 1:11 p.m. on Jan. 2, the average top paid Canadian CEO will have been earned as much as the average full-time worker's yearly income. The review found the average compensation among Canada's top 100 CEOs was $7.96 million in 2012. This compared with the average annual Canadian worker's salary of $46,634.

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28/12/13
Author: 
Ben Whitford

A shadowy but extraordinarily powerful legislation-mill and stealth-lobbying outfit, ALEC specialises in quietly shepherding right-wing legislation through America’s statehouses - a process that, until recently, went all but unnoticed by the national media. In recent months, however, ALEC has found itself the subject of a great deal of unwanted attention.

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31/12/13
Author: 
Douglas Fischer
Dark Money

Digging into the underpinnings of the climate denial movement, a Drexel University study finds a large slice of donations funneled through pass-through organizations that conceal the original funder.

Koch Industries, ExxonMobil disappear from traceable public databases after 2007.

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