Below you'll find a list of all posts that have been tagged as “City of London”
Ever since the Corporate Form was “invented” – in its earliest avatar as the collective East India Companies – those who have ruled via corporation have found innovative “means” new to extract wealth from the earth and people, leaving both poorer in a zero-sum “game”. During The Raj – Company Raj – extraction was carried out through Lagaan – taxation …
When it comes to The City of London, the term ‘tax haven’ is not describing all that it should. It doesn’t just shield the mega-wealthy from paying their fair dues it goes further and offers a departure from the rule of law as you would know it. Secrecy is its raison d’être. These secrecy laws do not benefit the local people …
Americans are feeling the impoverishing effects of the shift from middle-income to low-income jobs. The disappearance—or, more accurately, downsizing—of living-wage jobs is documented by numerous reports that reveal the suddenness and the extent of this affront to middle America. First, the Neoliberal Explanation: It’s Not Really Happening Business writer Robert Samuelson [1] calls the post-recession low-wage recovery a “myth.” To support his claim …
Financial penalties expected to hit British banks for Forex rigging will do little to tackle financial crime in the City of London as regulators continue to prioritize high finance over ordinary citizens, experts warn. British banks could be fined billions in coming months as investors pursue them for rigging foreign exchange (Forex) rates, following a landmark US settlement on Friday. …
