Category: Corporate behaviour

Dependence on private corporations to fix inequality and climate change will be a dead end

Dependence on private corporations to fix inequality and climate change will be a dead end

Global economy faces $19tn corporate debt timebomb, warns IMF Here we have the IMF warning the capitalist class, and the governments that protect it, that they have a problem. Interest on corporate debt that cannot be repaid. It’s yet another problem of their own making. The IMF is a capitalist institution and is one of…

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Australian bosses and “their” profits: capital strikes are good

Australian bosses and “their” profits: capital strikes are good

Introduction and acknowledgement In this article I take a close look at what’s been happening in Australia with profits and investment. I have done this out of some frustration with the way in which the economy in general and specific parts of it are reported without any meaningful connection to bosses and their profits. I…

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Kimberley Clark’s closure of Huggies in south west SYDNEY can be reversed: from April to May 1st could be the first stage.

Kimberley Clark’s closure of Huggies in south west SYDNEY can be reversed: from April to May 1st could be the first stage.

Global unions IndustriALL and UNI, are holding a day of action on 11 April against Kimberly-Clark’s restructuring plans and the company’s contempt for unions and workers around the world.  — Read on www.industriall-union.org/unions-stage-global-protest-against-kimberly-clark This is about the closure of Huggies, a healthy manufacturing shop in south west SYDNEY, owned by the global corporation Kimberly Clark.…

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