This article was originally written for socialistworld.net, the website of the Committee for a Workers’ International. Take the wealth off the 1%! A sum of money the size of the US and Japanese Gross Domestic Product (GDP) together is being held in offshore tax havens. This enormous hoard could immediately pay off most of theContinue reading “World economy: £13 trillion hidden from tax by super-rich”
Category Archives: Issues & Struggles
World Economy: Just 147 companies control 40% of global wealth
This article was originally written for socialistworld.net, the website of the Committee for a Workers’ International. Study finds 1% of corporations control world economy The sovereign debt and eurozone crises, the Great Recession, etc, have all focussed attention on the failings of the banking sector and the greedy giant capitalist corporations. But exactly how powerfulContinue reading “World Economy: Just 147 companies control 40% of global wealth”
