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Columnists

The CEO and the new feudalism

Few developments in our era of savage capitalism are so powerfully symbolic of the new feudalism than the obscene compensation paid out to the new economic elite: the CEOs of the most powerful corporations in the country.

The Canadian Centre for Policy Alternative's Hugh MacKenzie now reminds us yearly of this economic and social sickness by identifying exactly when the average CEO (of the 100 largest firms) has earned as much as the average worker makes in a year (this time around it was by 2:30 p.m. on January 3rd.) The total average compensation for Canada's 100 highest paid CEOs was $6,643,895 in 2009. 

Columnists

Law and order: Corporate crime unit

"Manslaughter," reads the United States Code, "is the unlawful killing of a human being without malice." It goes on, "Whoever is guilty of involuntary manslaughter, shall be fined under this title or imprisoned not more than six years, or both." In the disasters at the Massey coal mine in West Virginia and on the BP oil rig in the Gulf of Mexico, people were killed. Twenty-nine miners died in the Upper Big Branch mine explosion. Eleven workers died on the Deepwater Horizon oil rig, which is owned by Transocean, working under contract for BP. There are state laws that govern manslaughter as well, and special language given for maritime deaths. So why aren't the executives of these companies behind bars?

Ujima Project

An initiative of the Center for Public Integrity, the Ujima Project strives to bring transparency to the actions of those at work in developing countries.

Essentially, the Ujima Project exists as a central storehouse for information regarding the activities of governmental bodies, non-governmental organizations, and multinational corporations working the developing world.

While information contained in the Ujima repository is available elsewhere, the project's databases serve as an easily accessible, categorized, and centralized collection.

http://ujima-project.org/

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Columnists

Breaking the corporate tax taboo

Canadian-based corporations are sitting on lots of excess cash. Many Canadians are looking for work, better jobs, or more hours. Large-scale public expenditure is going unfunded: shortages exist in infrastructure for urban transit, education, public health facilities, recreation, and culture.

The Harper Conservatives plan to give the corporations a tax reduction in the next budget, so they will get even more money to sit on. Will Canadians be better off because corporations pay income tax at a lower rate? Somebody must have thought so, because corporate taxes have been reduced over the last 10 years in Canada

Redeye

Shaming corporations more effective than guilting consumers

April 28, 2010
| Jennifer Jacquet of the Fisheries Centre at UBC argues that environmental activists should focus their energy on the changing the behaviour of corporations -- and that shame is a valuable tool.

11:56 minutes (10.92 MB)
Columnists

Fatal mining disaster not just tragic, but criminal

Massey Energy runs the Upper Big Branch (UBB) mine in Montcoal, W.Va., where 29 miners were killed last week. The loss of life is tragic, but the UBB explosion is more than tragic; it is criminal. When corporations are guilty of crimes, however, they don't go to prison, they don't forfeit their freedom -- they just get fined, which often amounts to a slap on the wrist, the cost of doing business. No one makes this clearer than the CEO of Massey Energy, Don Blankenship. He has been the bane of climate-change activists and mine safety advocates for years. This latest mine disaster, if nothing else, will surely bring needed attention to this poster boy for malevolent big business trampling on communities, the environment and workers' rights.

Columnists

Holding corporations accountable for apartheid crimes

A landmark class action case is under way in a New York federal court, with victims of apartheid in South Africa suing corporations that they say helped the pre-1994 regime. Among the multinational corporations are IBM, Fujitsu, Ford, GM and banking giants UBS and Barclays. The lawsuit accuses the corporations of "knowing participation in and/or aiding and abetting of the crimes of apartheid; extrajudicial killing; torture; prolonged unlawful detention; and cruel, inhuman and degrading treatment." Attorneys are seeking up to $400 billion in damages.

Ian Capstick

Horton hears a WTF?

| August 31, 2009
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