The 4 Big Ways That Insatiable Corporate Hunger for Profits Has Devastated American Life -- and the World Along with It
Almost half of the working-age adults in America passed up doctor visits or other medical services because they couldn't afford to pay. The system hasn't supported kids, either. A UNICEF study places the U.S. 26th out of 29 OECD countries in the overall well-being of its children.
Calling Themselves 'Multinationals': No Allegiance to Anyone
Big business has found its Utopia, a world in which millions of people are willing to work for a fraction of U.S. salaries.
In this dream world of global capitalism, young people are going from zero income on the farm to a few dollars a day on a 12-hour factory shift, and as a result, based on the World Bank's poverty threshold of $1.25 per day, they're no longer "in poverty." So the media piles on praise for free markets. The Economist proclaimed that "poverty is declining everywhere." The Washington Post gushed that "a billion people have been lifted from poverty through free-market competition."
Even Worse Than Not Paying: Making the World Pay for Them
A recent study estimated that toxic pollution affects the health of more than 100 million people, shortening their productive life spans by 12.7 years on average. A related study concluded that in 2010 over 8 million individuals were at risk of exposure to industrial pollutants at 373 toxic waste sites in three low-income countries (India, Indonesia, and the Philippines).