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Tag: PG&E

The irrationality of capitalism: Millions cut off from electricity, lives endangered by California utility PG&E

October 11, 20192 Comments

11 October 2019 — WSWS

The forced blackouts affecting over two million people and businesses across 34 counties in Northern California are a stark example of the irrationality of the capitalist system.

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Richest 1% owns more than TWICE as much wealth as 6.9 billion people – Oxfam
A super-rich one percent of the world’s population has accumulated twice as much wealth as the remaining 90 percent, global charity Oxfam said in a newly-released report.

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