The relentless paranoia about the Chinese “threat” has much to do with the exit ramp offered by Beijing to a Global South permanently indebted to IMF/World Bank exploitation.US Hits “Search and Destroy” Against China’s New Silk Roads
The top 1% of households globally own 43% of all personal wealth while the bottom 50% have only 1%. The 1% are all millionaires in net wealth (after debt) and there are 52m of them. Within this 1%, there are 175,000 ultra-wealthy people with over $50m in net wealth – that’s a miniscule number of people (less than 0.1%) owning 25% of the world’s wealth!The top 1% of households own 43% of global wealth, 10% owns 81%, while the bottom 50% have just 1%
To ensure countries around the world don’t continue to lose hundreds of billions of dollars each year which could go to strengthening their public health, infrastructure, and education systems, the Tax Justice Network said, governments must promptly take three far-reaching actions:
– Introduce an excess profit tax on multinational corporations making excess profits during the pandemic, such as global digital companies, in order to cut through profit shifting abuses.
– Introduce a wealth tax to fund the Covid-19 response and address the long term inequalities the pandemic has exacerbated, with punitive rates for opaquely owned offshore assets and a commitment between governments to eliminate this opacity.
– Establish a UN tax convention to ensure a global and genuinely representative forum to set consistent, multilateral standards for corporate taxation, for the necessary tax cooperation between governments, and to deliver comprehensive, multilateral tax transparency.
The truth about Venezuela’s elections
The US and its allies are gearing up to delegitimise the results of the forthcoming election by branding it ‘undemocratic’ – but the country’s automated system is the most audited in the world, writes TIM YOUNG of the Venezuela Solidarity Campaign
What the authors are referring to is a continent-wide campaign to unseat progressive leaders that ended in the jailing of Brazilian president Lula da Silva, the impeachment of his successor Dilma Rousseff, and the rise of the far-right authoritarian Jair Bolsonaro. The so-called Operation Car Wash (“Lava Jato” in Portuguese) was ostensibly an attempt to root out corruption at all levels of society. Yet leaked documents and recordings have shown that, from the beginning, it was a naked powerplay attempt by Brazil’s rich elite to retake control of society from the progressive Workers’ Party administrations through legal means.
Mr. Biden’s advisers say they would seek to revive the anti-corruption campaign that set off political earthquakes across the Americas starting in 2014, but largely stalled in recent years.
On 9 October, 1967, Che Guevara – one of the greatest revolutionaries ever known – was murdered in Bolivia under the orders of Washington. This death was foreseeable. In 1966, Che Guevara had left Cuba to wage an anti-imperialist struggle in the South American nation of Bolivia. The plan was to establish a mother column led by Che in Bolivia, with further guerrilla columns branching out from the main unit to enter the neighboring countries of Argentina, Brazil, Chile and Peru, thus creating a continent-wide revolutionary front. This anti-imperialist plan of action was based on the way Vietnam heroically resisted the full-blown onslaught of American hegemony. As Fidel Castro put it, “In the same measure in which Vietnam resists, the revolutionary liberation movement will grow in other parts of the world. Other fronts of the struggle for liberation will open throughout the world in direct proportion to Vietnam’s resistance.”
Great article! Thanks!
I once, briefly, thought of being a libertarian, until I started researching foreign policy and the countries that America targeted.
While there are antiwar libertarians, many of them still support color revolutions. Even libertarian think tanks have been behind them, such as the Atlas network, in Latin America.
Another thing that I couldn’t relate to, was their hatred for the “welfare state,” which includes Social Security Security and Disability. They seem to think that charity should take care of the elderly and disabled. Very disheartening for a disabled person, such as myself!
I also really hadn’t known the history of the Libertarian party.
I still don’t know what to label myself, politically, but I am still learning. 😀