Latest editorial
CORPORATIONS cashing in on Covid-19 are set to make tens of billions more in profits this year while millions of people fall into poverty worldwide, Oxfam has revealed.
According to a new report by the charity today, 32 of the world’s largest companies stand to see their profits jump by $109 billion (£80bn) more in 2020 than the average over the past four years.
A tax on these “pandemic profits” could provide every person on the planet with a Covid test and vaccine, Oxfam claims.
Our economic system is broken – and unless we break with the government’s obsession with short-termist private profit, things are destined to get worse, warns Mercedes Villalba
Climate justice and workers’ rights movements are uniting to make the rich pay for our transition to a green economy, writes assistant general secretary of PCS JOHN MOLONEY, ahead of a major demonstration on September 20
