Read

User menu

Search form

10 Biggest Corporations Make More Money Than Most of World Combined

10 Biggest Corporations Make More Money Than Most of World Combined
Wed, 9/14/2016
This article originally appeared on RT

The world’s top ten corporations, including Apple, Shell and Walmart, have a combined revenue that is greater than the combined income of the 180 “poorest” countries out of the world’s total 195 sovereign states.

The figures, which reveal that those three companies alone are now richer than Russia, Belgium and Sweden, were released by the campaign group Global Justice Now.

Sixty-nine of the world’s 100 top economic entities are now corporations instead of countries – a rise from last year’s staggering figure of 63. Out of the top 200 entities in the world, a whopping 153 were found to be corporations.

The U.S., China, Germany, Japan, France and the U.K. comprise the top six economic entities followed by Italy, Brazil and Canada.

“The vast wealth and power of corporations is at the heart of so many of the world’s problems – like inequality and climate change,” said Nick Dearden, director of Global Justice Now.

“The drive for short-term profits today seems to trump basic human rights for millions of people on the planet. These figures show the problem is getting worse,” he added.

The London-based campaign group released the figures in an effort to put increased pressure on the British government ahead of their working group with the UN.

The meeting, led by Ecuador, was established with the aim of working towards a binding treaty that would ensure “transnational corporations abide by the full range of human rights responsibilities”.

“The U.K. government has facilitated this rise in corporate power – through tax structures, trade deals and even aid programmes that help big business,” said Dearden.

“Their wholehearted support for the U.S.-E.U. trade deal TTIP, is just the latest example of government help to big business. Disgracefully it also routinely opposes the call of developing countries to hold corporations to account for their human rights impacts at the UN.”

Originally published by RT

3 WAYS TO SHOW YOUR SUPPORT

ONE-TIME DONATION

Just use the simple form below to make a single direct donation.

DONATE NOW

MONTHLY DONATION

Be a sustaining sponsor. Give a reacurring monthly donation at any level.

GET SOME MERCH!

Now you can wear your support too! From T-Shirts to tote bags.

SHOP TODAY

Sign Up

Article Tabs

There is a real human cost behind cold, calculated “efficiency.”

Musk's unelected role at the forefront of U.S. government, and his company's near monopolisation of satellite internet communications, increases his global political and economic power grab, and attacks on democracy.

Yarvin saw the “red pill” as the realization that the Enlightenment ideals he came to associate with “the cathedral” and democracy are actually a poison leading to societal decadence and decline.

It is clear that authoritarian fascists, in the United States and elsewhere, do not want education that promotes critical thinking.

As the American public continues to publicly stand up to the administration, Trump’s grip on power will eventually slip.

There is a real human cost behind cold, calculated “efficiency.”

Musk's unelected role at the forefront of U.S. government, and his company's near monopolisation of satellite internet communications, increases his global political and economic power grab, and attacks on democracy.

Yarvin saw the “red pill” as the realization that the Enlightenment ideals he came to associate with “the cathedral” and democracy are actually a poison leading to societal decadence and decline.

It is clear that authoritarian fascists, in the United States and elsewhere, do not want education that promotes critical thinking.

As the American public continues to publicly stand up to the administration, Trump’s grip on power will eventually slip.

The burgeoning pro-democracy, anti-Trump movement known as 50501 expects to drive tens and possibly hundreds of thousands to protest in 1,000 cities and towns on Saturday.

Posted 1 month 2 weeks ago

In many European countries, the far right holds or shares power. Democracy is in crisis.

Posted 1 month 1 week ago

If Trump indeed tanks your 401(k) to make himself and his friends even richer, the opposition party should make that the centerpiece of their attack heading into next year’s election.

Posted 1 month 1 week ago

The only thing overshadowing the evil of the regime is its incompetence. And the people are only just beginning to realize the power we have.

Posted 1 month 2 weeks ago

Yarvin saw the “red pill” as the realization that the Enlightenment ideals he came to associate with “the cathedral” and democracy are actually a poison leading to societal decadence and decline.

Posted 3 weeks 11 hours ago

As the American public continues to publicly stand up to the administration, Trump’s grip on power will eventually slip.

It is clear that authoritarian fascists, in the United States and elsewhere, do not want education that promotes critical thinking.

Yarvin saw the “red pill” as the realization that the Enlightenment ideals he came to associate with “the cathedral” and democracy are actually a poison leading to societal decadence and decline.