Tag: finance
-
Gold mining is one of the most destructive and unnecessary industries – here’s how to end it
By Stephen Lezak, University of Oxford, originally published at theconversation.com The 16th-century King Ferdinand of Spain sent his subjects abroad with the command: “Get gold, humanely if possible, but at all hazards, get gold.” His statement rings true today. Gold remains one of the world’s most expensive substances, but mining it is one of the…
-
Brazil’s Ecocidal Meat Industry is Funded by Big Investment Firms
To conquer the world market, Brazil’s Big Three beef packers — JBS, Marfrig and Minerva — invited in foreign capital. Today, all three are transnationals, with the original Brazilian founders owning only minority shares in their own companies. Foreign investors, including asset management companies and pension funds, now own large stakes, which means that ordinary…
-
How Public Pension Divestment could Wreck the Corporations that are Wrecking the World
By MICHAEL MCCANN & RIDDHI MEHTA-NEUGEBAUER for Yes! Magazine Originally published in November of 2021. Still just as relevant. A massive oil spill on the California coast caused by a broken pipeline is shining a harsh light on the fossil fuel industry, just as the world prepares for another climate summit in November. In recent years, the…
-
World Food Systems are in Crisis, and Big Agribusiness is at its Heart
By Lorena Cotza & Ouafa Haddioui, originally posted on OpenDemocracy, CC BY-NC 4.0 Article also available in Portuguese Public finance has a key role to play in agriculture. Instead of propping up corporate interests, it should learn from local producers In 2017, the people of Zagora, Morocco, took to the streets in what became known…
