Today, in a small ski resort in the Swiss Alps, thousands of corporate
and political elites will gather at the exclusive World Economic Forum
meets during an unprecedented crisis of legitimacy. Its founding
President, Klaus Schwab has admitted that capitalism "is out of whack" and needs fixing. Schwab argues that the economic crises we face are due to excesses and "lack of inclusiveness."
To mark the occasion, the Transnational Institute has produced a series of powerful infographics
to expose the reality of corporate power and its immense social and
environmental costs. They show that the problems are systemic and a
result of the hijack of political and economic policy by a small
corporate elite. The Davos Class cannot possibly find a solution,
because their entrenched power is the reason for the crises.
The Occupy and Indignado movements have exposed the division between 1%
and the 99% and have alerted public opinion to the inequality and
injustices embedded in neoliberal fundamentalist policies. These
infographics give a global face to these issues and over the next few
weeks we will also show the linkages between inequality and trade, land
and water policies too.
Please share the infographics widely! Thanks for your support.
Brid Brennan, Coordinator
Economic Justice, Corporate Power and Alternatives Programme,
Earth: A Corporate World
Which are the biggest companies in the world? Which corporations
control them? How does their power compare with states?
Globally we are not talking about 1% but an even smaller elite of
0.001% who control two thirds of world GDP. What could that money buy?
world's richest men
Who are they and how did they get so rich? How much tax do they pay?
A global economy that has benefited a small elite is no accident: it
was carefully designed by politicians who often worked for
transnational corporations and at times were rewarded by them after
to the Davos Class
The Davos class run our major institutions and know exactly what they
want, but they face a huge crisis of legitimacy because their ideology
isn't working and they have virtually no ideas nor imagination to
TNI archives on Davos
of the World Social Forum
Interview with Susan George
Davos lesson: Free-market policies are unpopular
2000: Global Conspiracy or Capitalist Circus?
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