Senate Testimony: Concentration of economic and financial power is squeezing out pharmacies, jobs, and livelihoods in rural areas

“At the root of much of rural America’s distress is the concentration of economic and financial power,” ILSR Co-Director Stacy Mitchell testified before the U.S. Senate Banking Committee on Tuesday, April 20th. “We have a few superstar cities mostly on the coasts that are prospering. Meanwhile, much of rural America is falling further and further behind. Good jobs are rare. Poverty …

Common law duty of care to protect younger people against future harm from climate change

By Adam Morton, The Guardian. Eight teenagers and an octogenarian nun had sought an injunction to prevent Ley approving a proposal by Whitehaven Coal to expand the Vickery coalmine in northern New South Wales, arguing the minister had a common law duty of care to protect younger people against future harm from climate change. Justice Mordecai Bromberg found the minister had a duty of care to not …

Economic Exploitation – Rich Countries Keep The Poor In Poverty. Over half the world’s population are below a true poverty line, and therefore unable to meet their basic needs.

By Rod Driver, Global Research, May 31, 2021 | EDUCATE! “Like slavery and apartheid, poverty is not natural. It is man-made and it can be overcome and eradicated by the actions of human beings” (former South African President, Nelson Mandela)  The world’s population was about 7.8 billion people in 2020. About 2.2 billion people do not have access to safe drinking water, and over 4 …

A monopoly can be given to a private corporation if it actually fulfills two things: allow just and reasonable prices and serves the public interest. Also, only one reason to grant a corporate charter…

David Korten’s presentation to the Summit on the Future of Corporations, Faneuil Hall, Boston MA, November 13, 2007. Only One Reason to Grant a Corporate Charter (see end) ** Excerpts from Interview – John Farrell and Jean Su – May-June 2021 Jean Su:  A monopoly can be given to a private corporation if it actually fulfills two things. And this …

Mid 2021 Update on Public Banking In The US: More Affordable Lending for Workers, Small Business, Students, and Public Projects

By C.J. Polychroniou, Truthout June 9, 2021 The movement to create public banks is gaining ground in many parts of the U.S., particularly as part of an effort among activists and progressive lawmakers to extend banking access to low-income communities and communities of color in the post-COVID-19 economy. But how does public banking help protect the local community and assist with …

Renewables are getting cheaper, but taking these fossil fuels (common resources) out of the ground and selling them is still more lucrative. We’ll need radical intervention, as big oil companies are driven by profit and won’t decarbonize by themselves.

Comment: Big oil companies are driven by profit – they won’t turn green by themselves by Brett Christophers, The Guardian. May 26, 2021 Tue 25 May 2021 551 Last week, the International Energy Agency (IEA), the world’s leading energy authority, laid bare the scale of the challenge in keeping the world on track to achieve net-zero emissions by 2050: a massive acceleration …

Undoing Equivalence: Rethinking Carbon Accounting for Just Carbon Removal

Front. Clim., 16 April 2021 | https://doi.org/10.3389/fclim.2021.664130 by Wim Carton1*, Jens Friis Lund2 and Kate Dooley3 – 1Lund University Center for Sustainability Sciences (LUCSUS), Lund, Sweden; 2Department of Food and Resource Economics (IFRO), Copenhagen University, Copenhagen, Denmark; 3Climate and Energy College, University of Melbourne, Parkville, VIC, Australia https://www.frontiersin.org/articles/10.3389/fclim.2021.664130/full Concerns are increasingly raised over the centrality of carbon removal in climate policy, particularly in the …

The Big Con: How Big Polluters are advancing a “net zero” climate agenda to delay, deceive, and deny

Download As the impacts of the climate crisis become ever more apparent, people around the world, led by Indigenous Peoples, women, youth, and frontline communities, are demanding action. In response, Big Polluters and the governments that do their bidding have begun to tout commitments to achieve “net zero” emissions as solutions to the crisis they have caused. This report makes …