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

Their tactics to force construction of data centers even against significant opposition from local communities have become increasingly forceful and hostile.

Whether Republicans want to be the party of Christianity or the party of worshipping false idols is a question they’ll have to seriously reckon with very soon, unless they want the American electorate to speak for them.

“Storytelling teaches not through instruction, but through imagination and example,” says the Sami artist Máret Ánne Sara. “These stories don’t provide direct answers, but rather the ethical tools to navigate and sustain the world.”

Republicans’ fate in the 2026 midterms is likely sealed. But they could be out of power for multiple subsequent election cycles if Democrats are smart.

In November, Indigenous protests in London included the launch of “Bringing It All Back Home,” confronting corporate power head-on.

Their tactics to force construction of data centers even against significant opposition from local communities have become increasingly forceful and hostile.

Whether Republicans want to be the party of Christianity or the party of worshipping false idols is a question they’ll have to seriously reckon with very soon, unless they want the American electorate to speak for them.

“Storytelling teaches not through instruction, but through imagination and example,” says the Sami artist Máret Ánne Sara. “These stories don’t provide direct answers, but rather the ethical tools to navigate and sustain the world.”

Republicans’ fate in the 2026 midterms is likely sealed. But they could be out of power for multiple subsequent election cycles if Democrats are smart.

In November, Indigenous protests in London included the launch of “Bringing It All Back Home,” confronting corporate power head-on.

Republicans’ fate in the 2026 midterms is likely sealed. But they could be out of power for multiple subsequent election cycles if Democrats are smart.

Posted 1 month 1 week ago

Whether Republicans want to be the party of Christianity or the party of worshipping false idols is a question they’ll have to seriously reckon with very soon, unless they want the American electorate to speak for them.

Posted 1 month 1 week ago

Their tactics to force construction of data centers even against significant opposition from local communities have become increasingly forceful and hostile.

Posted 1 week 1 day ago

“Storytelling teaches not through instruction, but through imagination and example,” says the Sami artist Máret Ánne Sara. “These stories don’t provide direct answers, but rather the ethical tools to navigate and sustain the world.”

Posted 1 month 1 week ago