Michael Parenti is an American political scientist, historian, and cultural critic who writes on scholarly and...
Michael Parenti is an American political scientist, historian, and cultural critic who writes on scholarly and popular subjects. He has taught at American an...
VICE presents an immersive and personal feature film about the fentanyl crisis in Canada told from the perspective...
VICE presents an immersive and personal feature film about the fentanyl crisis in Canada told from the perspective of a community of drug users. This video h...
Unternehmensverantwortung, neudeutsch Corporate Social Responsibility (CSR) ist in aller Munde. In diesem animierten...
Unternehmensverantwortung, neudeutsch Corporate Social Responsibility (CSR) ist in aller Munde. In diesem animierten Videoclip wird den Fragen nachgegangen: ...
In this module, the learner will understand the concept of consumer protection, its importance in society,...
In this module, the learner will understand the concept of consumer protection, its importance in society, methodologies for the same and disputes redressal ...
After having won and lost the 100 metres Olympic Gold Medal 25 years ago, Ben Johnson has returned to Seoul. The...
After having won and lost the 100 metres Olympic Gold Medal 25 years ago, Ben Johnson has returned to Seoul. The 1988 final has been called the Olympic's dir...
Effective local institutions are central to society's ability to respond to the impacts of climate change. Our...
Effective local institutions are central to society's ability to respond to the impacts of climate change. Our capacity to adapt is dependent on a wide range...
In this talk, Monisha Bajaj tells her own personal story about how her family has inspired her work in the field of...
In this talk, Monisha Bajaj tells her own personal story about how her family has inspired her work in the field of international educational development, fo...
James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even...
James S. Henry introduces a hot topic: offshore banking. The G8 and G20 are planning meetings to discuss it. Even the Netherlands is a tax haven for certain types of companies. The huge amount of numbers and graphs tells us that we are confronted with nothing less than a global tax haven industry. For example, Apple makes 100 billion dollars a year of tax free profits because of the games private bankers know how to play.
In medieval times people couldn't hide their wealth when tax collectors came to inventory it. Nowadays they can. It is said that 64 percent of the global profits are parked offshore, for an important part by multinationals from the first world.
The third world is the victim of this practise. An example from the banana industry: exporting a banana from the Cayman Islands costs 13 pence. When it arrives in the UK to be consumed, the costs have grown to 60 pence. All of this money goes to other parties than the Cayman Islands.
Because of the tax havens, countries from the Third World are not able to receive the tax incomes they are entitled to. Henry even concludes that the debt problem of the third world is not a debt problem, but a tax problem. Both amount to almost the same.