Critical Takes on Corporate Power

Not posting here any more. Occasionally reposting.

Head to for civil society critique of corporate power.

[Critical Takes on Corporate Power @DiarmidOS]

@IsabellaMWeber Not sure that the Economist is much more than toilet reading for Davos Man, these days.

[bilaterals_org @bilaterals_org]

Great article explores the role that Shell played in shaping international investment law from 1957 to 1968, including investment protection #ISDS

https://t.co/3sWJeWBHHI

[Global Justice Now @GlobalJusticeUK]

"We hope our legal challenge can be a small stepping stone to building a healthcare system in the interest of health, not corporate profit."

Our director @nickdearden75 and director of @JustTreatment, @diarmaidmcd for @NewStatesman

https://t.co/ZbzwmWIEaY

[The Last Farm @TheLastFarm]

Great op-ed on why the Global South should use the crisis precipitated by the U.S./Israeli war against Iran to transition from industrial agriculture to agroecology

[Critical Takes on Corporate Power @DiarmidOS]

A detailed insight into the challenges posed to Kenya's society and tax base by expanding data centres.

[JULIUS OKOTH @juliusokoth]

There is a parallel between the polythene greenhouses of 1980s and the high-tech server farms of today.
From blooms to bytes: Will Kenya’s data center boom repeat the ‘Greenhouse Effect’?
An article by yours truly @juliusokoth published by @globalvoices https://t.co/qh1Op87y0m

[Philipp Heimberger @heimbergecon]

New QJE paper on France’s mandated profit-sharing: distributing excess profits to workers raises the labor share and reduces the profit share, with little effect on investment or productivity. Gains mainly go to lower-skilled workers; high-skilled pay unaffected.

[TaxWatch @taxwatch]

Our new investigation in today's @ObserverUK

More here:

https://t.co/1AR2yFKW4m

[Balanced Economy Project @BalancedEconomy]

Big Tech & Big Finance have manufactured the AI data centre boom, locking governments into structural dependencies while the public pays the price. Our latest report 'Licensed to Loot' is out - Have a read
#AI #BigTech
https://t.co/VRZ990EJaf

[Nick Dearden @nickdearden75]

Big Pharma is unable to produce the medicines we need at a price we can afford. I chatted to @DiarmidOS about how we can build a medicine system that really meets our needs.

https://t.co/VmyrTdLgC8

[CICTAR @CICTAR_Tax]

"The new information will be hugely beneficial, but there will still be some gaps" CICTAR's Jason Ward quoted in an excellent round up by Bloomberg of new tax transparency regimes. Australia described as the current 'gold standard' but more to do!

https://t.co/dBozxRlS8a

[Critical Takes on Corporate Power @DiarmidOS]

@meadwaj And, if we don't want the economy to be dominated by giant profiteering corporations, then we have to cultivate the alternatives.

e.g. raising the capital of the British Business Bank and directing it to do more to back co-ops and social businesses.

(This idea is a WIP tbh!)

[Revolutionary Blackout Network @RevBlackNetwork]

Capitalism creates an "illusion of choice" by presenting numerous, superficial brand options that are actually owned by a few huge corporations, leveraging branding to create the appearance of competition, while controlling markets and restricting true choices to maximize profit.

[Jayati Ghosh @Jayati1609]

I've joined 220 economists & legal scholars calling to #EndISDS, a policy that puts corporate profits over people & the environment.
Pres @PetroGustavo, this is a historic opportunity to lead an international alliance against ISDS.
Public Letter: https://t.co/VFE2C5Wla0

[Gregor Semieniuk @GregorSemieniuk]

8/ The time to act is now—coordinated reserves releases & price caps, excess profit taxes, fair rationing protocols. Governments have the tools, hopefully for all they'll act. Full piece with @IsabellaMWeber no paywall at https://t.co/rLjYws6AR9

[ETC Group @ETC_Group]

🚨🚢#StraitofHormuz closed. Fertilizer and fuels blocked. Commodities prices are rising. This could be a crisis for industry. But a handful of huge grain traders have the power to turn a #supplychain choke into an opportunity for profit 🧵

[Critical Takes on Corporate Power @DiarmidOS]

@IsabellaMWeber I'd suggest the mechanism for higher taxes on fossil fuel profits would need to address the risk that many hydrocarbon exporters won't want to impose them.

https://t.co/5Tv5fR6cPg

[TommasoFaccio @FaccioTommaso]

One clear example of the impact of the 15% global minimum tax on multinationals.
Take Shell, who for years thought it was clever to have 45 people in the Bahamas in charge of global trade, $30bn revenues and a tidy $1.6bn profit taxed at 0% until 2023...because come 2024

[Isabella M Weber @IsabellaMWeber]

Capitalism became more exploitative in the wake of sellers' inflation and Trump made sure it stayed that way.

[Balanced Economy Project @BalancedEconomy]

Big Finance’s $500tn concentrated and interconnected power isn't just huge - it's too big to cool the planet, steering capital away from sustainable solutions into self-reinforcing action.

Here is our report https://t.co/VRJRbgmhvo

[Nick Dearden @nickdearden75]

Trump’s economic warfare presents us with an opportunity - let’s take back control from the Big Tech monopolists.

Brilliant by @doctorow

https://t.co/mRuUeEj4XH