"Any day now, Italy expects to be ordered to hand millions of dollars over to
an oil exploration corporation, following the Italian government’s decision to
ban such exploration off its coast.
The ruling will be handed down not by a judge in anything approaching a normal
Italian or European court, but rather by a secretive arbitration process open
only to big business, with Italy having no right to appeal. These “corporate
courts” stem back to the 1950s, created by rich countries and oil
multinationals to protect Western interests against the decolonisation sweeping
the world at that time."
Via John Hummel, who wrote:
“Corporate courts”. Isn’t this the stuff of fascism? Isn’t fascism the
wedding of corporation and government (among other things)? To whom
are these people accountable?
The greatest challenge facing all life on Earth is in the hands of
people who have a vested interest in ensuring the problem is never
solved. Corporations would rather life on Earth last another 10 months
at maximum profit than last another 10 millennia on a model that
forces them to sacrifice a bit of shareholder earnings.
They are actively trying to kill us. It’s time we fought back.
*** Xanni ***
Chief Scientist, Xanadu
Partner, Glass Wings
Manager, Serious Cybernetics