Taking an ever rising share of global income, the real benefits of global trade go to the profits of the top 2,000 TNCs. The flip-side is falling wages and government revenues, says Richard Kozul-Wright discussing UNCTAD’s 2018 Trade and Development Report

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12 thoughts on “The Corporate Top 1% Control Over 50% of International Trade (Pt 1/2)”
  1. The irony is that in the USA the "small guys" in the "red states" voted in 2016 for conman Trump to improve the wealth gap (and of course for his anti-migrant ticket).
    In reality the GOP swamp is now flooding coast-to-coast and the rich are getting even richer at the expense of the ordinary citizens/consumers. The wealth generated for corporate USA is not reinvested in improving national infrastructure, which instead is crumbling, along with the whole USA environmental decay.

  2. What every working adult needs to know: the relationship between their wage stagnation and globalization and corporate mergers… and that the producers receive the smallest share for their wealth creation.

  3. Capitalism is cannibalism on installments. The serpent starts too eat it's tail… im waiting with my stick to beat the beast when it's sufficienting on it self…

  4. I have several credit cards and a line of credit all in default. But I'm not ashamed. I have to try to live my best life I can!!!

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