capitalism

By Sue Bradford

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King Mswati III tours Coca Cola Africa Foundation projects in 2010.

By Peter Kenworthy

June 22, 2011 -- Pambazuka News -- Next time you crack open a Coke to quench your thirst, spare a thought for the sugarcane workers in Swaziland. Coca-Cola is one of the largest and wealthiest companies in the world, as well as being one of the world’s best-known brands. The desperate situation of the poverty-stricken workers in the sugarcane fields in Swaziland, who harvest the sugarcane that is the most important ingredient of African Coke, on the other hand, is a well kept secret. Their plight is not deemed newsworthy. They live their lives in a brutal and repressive absolute monarchy where King Mswati III and a small elite live in luxury while the majority of Swazis live in abject poverty.

More than 1 billion cans or bottles of Coca-Cola are consumed every day and the Coca-Cola Company makes huge profits every year, over US$15 billion in 2005.

June 22, 2011 -- Links International Journal of Socialist Renewal -- Television viewers in Australia are being bombarded by an expensive series of PR advertisements extolling how much the giant "energy" corporation Chevron "agrees" with the Australian people's concerns for the environment. In a classic example of "greenwashing", Chevron's "We Agree" campaign is a concerted effort to defuse opposition to its activities around the world.

But as with most capitalist advertising, the truth and reality behind the glossy claims are very different, as the True Cost of Chevron: An Alternative Annual Report below highlights in extensive detail. Fortunately too, the satirical exposers of corporate shams the Yes Men joined forces with the environmental groups Amazon Watch and the Rainforest Action Network to issue a bogus press release and set up a phony website to expose the "We Agree" campaign.

By Martin Hart-Landsberg

June 12, 2011 -- Reports from the Economic Front, posted at Links International Journal of Socialist Renewal with the author's permission -- More than 3000 participants from 183 countries are attending a two-week UN sponsored climate gathering in Bonn, Germany.  The talks are supposed to help prepare the agenda for COP 17, or as it is more formally known, the 17th Conference of the Parties of the United Nations Framework Convention on Climate Change (defenders of the environment have renamed the meeting the Conference of Polluters) which will take place November 28 to December 9, 2011, in Durban, South Africa. 

The cost of climate inaction grows worse.  As the Earth Island Journal reports:

Demonstrators in London against government cutbacks, March 26, 2011.

By Dimitris Fasfalis

By Atilio A. Boron

May 24, 2011 – AtilioBoron.com, translated by the tlaxcala-int.org website, via the Bullet -- Perhaps it's one of history's surprises that the popular uprising surging through Spain (and which is beginning to reverberate throughout the rest of Europe) was sparked on the 140th anniversary of the Paris Commune, a heroic moment in which the fundamental demand was also that of democracy. But a democracy conceived as a government by, for, and of the people, and not as a regime serving the interests of patronage and in which the people's interests are inexorably subordinate to the imperative of business profits.

By Danielle Sabai

May 9, 2011 -- Asia Left Observer, posted at Links International Journal of Socialist Renewal with permission -- Located in the largest delta at the world, where two Himalayan rivers, the Brahmaputra and the Ganges, converge and flow into the Bay of Bengal, Bangladesh is used to climatic catastrophes. Half of the land area of Bangladesh is less than 10 metres above sea level. It consists mainly of silt deposited by the rivers that flow down from the Himalayan glaciers. When the snow melts it regularly causes large-scale floods. The coast is at the mercy of cyclones and giant waves which submerge the coastal areas.

Maize farmers in Malawi.