US Africa Leaders Summit promises more exploitation for Africa, record profits for US mining firms

Monday, 23 January 2023 — The Grayzone

Recent deals between US Secretary of State Tony Blinken and African heads of state promise eye-popping profits for US mining multinationals and fewer protections for African laborers “toiling in subhuman conditions” to drive the digital revolution.

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Jeff Bezos says everything will be ok

4 August 2021 — Origin: Climate & Capitalism

Pseudo Solutions

by Roy Wilkes

The climate crisis may be dire, with ever more frequent and increasingly devastating floods and wildfires, with killer droughts and heatwaves across the globe, with oceans warming 40% faster and arctic ice sheets melting 70% faster than had been predicted a mere five years ago, with arctic permafrost melting and belching super-greenhouse methane into the atmosphere, and with carbon emissions from fossil fuel combustion continuing to rise year on year regardless.

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Space Colonization Is A Capitalist Perception Management Op

7 May 2021 — Caitlin Johnson

by Caitlin Johnstone

Listen to this article:

The world’s two wealthiest people are fighting over the moon, which just says so much about where our species is at right now.

Elon Musk and Jeff Bezos are in a dispute with NASA over whose private space exploration corporation will get the $2.9 billion US government contract to return to the moon. I gleaned this annoying piece of information by way of an obnoxiously sycophantic Atlantic puff piece titled “Elon Musk Is Maybe, Actually, Strangely, Going to Do This Mars Thing”, subtitled “From his private Cape Canaveral, the billionaire is manifesting his own interplanetary reality—whatever the cost.”

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Viral Inequality: From Jeff Bezos to the struggle of Indian Farmers

3 February 2021 — Off Guardian

Billionaires have profited enormously from lockdown, whilst mega corporations are buying out and shutting down independent stores and farms.

Colin Todhunter

Todhunter

According to a new report by Oxfam, ‘The Inequality Virus’, the wealth of the world’s billionaires increased by $3.9tn (trillion) between 18 March and 31 December 2020. Their total wealth now stands at $11.95tn.

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Jeff Bezos’ Paper Tells You Not to Worry About Those Billionaires by Dean Baker

26 July 2018 — FAIR

WaPo: In the age of inequality, Goldman’s CEO offers an unexpected lesson

Washington Post

Just when you thought economic commentary in the Washington Post couldn’t get any more insipid, Roger Lowenstein proves otherwise. In a business section “perspective” (7/20/18), he tells readers:

But what if inequality is the wrong metric. Herewith a modest proposition: economic inequality is not the best yardstick. What we should be paying attention to is social mobility.

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Who Will Take on the 21st Century Tech and Media Monopolies? By Justin Anderson

10 April 2018 — FAIR

Observer: Revealed: 50 million Facebook profiles harvested for Cambridge Analytica in major data breach

Facebook “failed to alert users and took only limited steps to recover and secure the private information of more than 50 million individuals” (London Observer, 3/17/18).

After decades of regulatory neglect, Big Tech is finally coming under the microscope.

Facebook is under fire for (among other things) its involvement with Cambridge Analytica, a British data analytics firm funded by hedge fund billionaire and major Republican party donor Robert Mercer and formerly led by President Trump’s ex–campaign manager and strategist Steve Bannon. Cambridge Analytica harvested data from over 87 million Facebook profiles (up from Facebook’s original count of 50 million) without the users’ consent, according to a report by the London Observer (3/17/18) sourced to a whistleblower who worked at Cambridge Analytica until 2014.

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WaPo Defends Its Owner Against Charges That He's Very Wealthy By Jim Naureckas

24 January 2018 — FAIR

WaPo: Bernie Sanders claims the world’s six wealthiest people have as much wealth as half the global population

The Washington Post (10/2/17) maintains that is unfair to compare the wealth of its owner with that of ordinary people.

The vaunted Washington Post fact-checking team (10/2/17) took a look at this assertion:

Bernie Sanders Claims the World’s Six Wealthiest People Have as Much Wealth as Half the Global Population

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World’s Richest Person Escapes Scrutiny From His Own Paper–and Its Rivals

28 July 2019 — FAIR

New York Times: Inside Amazon

The last major investigative piece on Amazon in the three most prestigious newspapers appeared almost two years ago (New York Times, 8/15/15).

The three most prominent US newspapers haven’t run a critical investigative piece on Jeff Bezos’ company Amazon in almost two years, a FAIR survey finds.

A review of 190 articles from the New York Times, Wall Street Journal and the Bezos-owned Washington Post over the past year paints a picture of almost uniformly uncritical–ofttimes boosterish–coverage. None of the articles were investigative exposes, 6 percent leaned negative, 54 percent were straight reporting or neutral in tone, and 40 percent were positive, mostly with a fawning or even press release–like tone.