MEDIA ROOTS- In an empirical study using complex systems analysis models, mathematical theorists in Zurich have revealed the architecture of transnational corporations’ (TNCs) interconnectedness. The report bolsters the charges made of late by the Occupy Wall Street Movement touting society’s obscene inequality—1% of the population owns almost half of all U.S. wealth. This study’s findings, an uncanny correlative of the … Read More
DISINFO– Wondering how much it costs to buy off the police department? In June of 2011, JP Morgan Chase gave the New York City Police Foundation the largest donation in its history. How the police show their gratitude will presumably determine whether they receive similar donations from companies in the future. Via Naked Capitalism: No matter how you look at this … Read More
MEDIA ROOTS- The London riots were mostly summarized as an animalistic decline of civil society by the corporate press, with too little analysis as to what societal, political and economic factors could cause such a backlash to occur. Since there was no apparent political motivation behind the rioting, it was easy to discard the actions as indiscriminate herd looting and … Read More
BUSINESS INSIDER– Goldman Sachs is going to fire employees in the U.S. and some other countries so that it can hire 1,000 in Singapore, where it’s cheaper. Charlie Gasparino heard the news from people who were briefed on the hiring in Washington. He says Goldman gave Washington the heads up because hiring offshore is likely to cause a backlash. He … Read More
ALTERNET– A discussion between Noam Chomsky and Michael Lerner: Michael Lerner (ML): You have made many excellent analyses of the power of global capital and its capacity to undermine ordinary citizens’ efforts to transform the global reality toward a more humane and generous world. If there were a serious movement in the U.S. ready to challenge global capital, what should … Read More
