Africa Still in Chains
| January 18, 2017 | 7:42 pm | Africa, Economy, political struggle | Comments closed

A common misconception is that post-colonial Africa has been a failure and its natural resources are squandered by incompetent or corrupt African despots. Not quite.

What we do have is ethnic-African bank managers dressed up as presidents and prime ministers. The natural and human resources of the largest of the earth’s continents are today plundered more than at any time in the history of the Dark Continent.

Recent research reveals that companies listed on the London Stock Exchange control over $1 trillion worth of Africa’s resources. These key resources are just five in number; oil, gold, diamonds, coal and platinum. There are many other forms of natural and human resource exploitation.

Recent research reveals that 101 companies, most of them British registered but not necessarily British owned, control $305 billion worth of platinum, $276 billion worth of oil and $216 billion worth of coal at current market prices.

Mark Curtis, the report’s author, says “the ‘scramble for Africa’ is proceeding apace. The result is that African governments have largely handed over their treasure to the great corporations of the Western alliances.”

Tanzania’s gold, Zambia’s copper, South Africa’s platinum and coal and Botswana’s diamonds are dominated by London-listed companies. Corporate slave drivers own mines or hold mineral licences in 37 African countries. The corporations of the West control vast swathes of African territory. Their concessions cover a staggering 1.03 million square kilometres on the Dark Continent.

African territory controlled by London-based corporations is more than four times the size of the United Kingdom. With remarkable chutzpah, an appropriate term in the circumstances, the People’s Republic of China has been much chastised for their interest in Africa’s resources.

Many African governments depend on mineral resources for tax revenues. However, the extent of foreign ownership means that most tax wealth is milked along with the mineral resources wealth of Africa.

African governments themselves are minority shareholders in the West’s mining operations. Corruption among the political elite is endemic and the source of the corruption is in London’s Square Mile and Wall Street. Company tax payments are minimal due to low tax rates while governments often provide companies with generous incentives such as corporation tax holidays.

Corporation slave owners are able to avoid paying taxes by their use of tax havens. Of the 101 London-listed companies, 25 are actually incorporated in tax havens. These fiscal hideouts are mostly to be found lurking in the colonised British Virgin Islands.

It is estimated that Africa loses around $35 billion a year in illicit financial outflow of the continent. Africa loses a further $46billion a year in multinational company profits taken from their operations in Africa.

British registered companies’ play an increasingly dominant role in Africa. This form of modern slavery is facilitated by both Conservative and Labour governments; given the nod by Britain’s royalty and aristocracy.

Whitehall has long been a fierce advocate of ‘liberalised’ trade and investment regimes in Africa that provide access to markets for foreign companies. London is largely opposed to African countries putting up regulatory or protectionist barriers to foreign investment. Yet, such policies adopted by nations in East Asia are successful and to a larger extent their peoples benefited.

British corporate and banking sectors do not challenge the use of tax havens by multinational companies using tax havens. The harsh truth is that the global infrastructure of tax havens is largely a British creation.

British governments permit corporations to self-regulate, which again has a negative impact on human values and rights. As an entity the combined corporations stand in the way of internationally legally binding curbs against human rights abuse.

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Recent research calculated the financial wellbeing of sub-Saharan Africa. Its purpose was to discover whether Africa is being helped or exploited by the rest of the world. The findings were abysmal.

It found that only $134 billion flows into Africa annually, mainly in the form of high interest loans, foreign investment and recoverable aid. However, $192 billion is extracted, mainly in profits made by foreign companies and tax dodging scams. The result is that Africa suffers a net loss of $58 billion a year.

The outcome is that Africa, potentially the world’s richest continent in terms of natural resources, is the poorest territory on earth. Modern Africa has been Bolshevised as was Imperial Russian from 1922. The same corporations that invested in Stalin’s Five Year Plans and the Gulag slave plantations now control Africa’s resources. Instead of Trotsky’s White Negroes we have Africa’s ethnic slaves.

Corporate London’s policy to keep corporate taxes low means Africans are reduced to an existence on a par or worse than they endured during the American era of cotton plantations. As a consequence of corporation slavery sub-Saharan Africans become refugees and flood Europe to escape their harsh conditions.

Africa: Electoral Landscapes
| January 16, 2017 | 7:35 pm | Africa, Economy, political struggle | Comments closed

AfricaFocus Bulletin
January 16, 2017 (170116)
(Reposted from sources cited below)

Editor’s Note

Ghana, Gambia, and Gabon are all small African countries with names
beginning with the letter “G,” which held presidential elections in
2016. But neither the electoral landscapes nor the electoral
outcomes can fruitfully be analyzed without giving greater weight to
the contrasts than to the similarities. The same applies to the even
wider set of 14 African countries with presidential elections last
year, or the 8 so far scheduled to hold elections in 2017.

For a version of this Bulletin in html format, more suitable for
printing, go to http://www.africafocus.org/docs16/afr1701.php, and
click on “format for print or mobile.”

To share this on Facebook, click on
https://www.facebook.com/sharer/sharer.php?u=http://www.africafocus.org/docs16/afr1701.php

As this Bulletin is published in mid-January, the most pressing
uncertainty about Africa’s elections is for Gambia, where outgoing
President Yahya Jammeh reversed his decision to accept his election
defeat in December (see
http://www.africafocus.org/docs16/gamb1612.php), meeting with
widespread condemnation both internationally and domestically.
And for the latest news as of this morning, see
http://tinyurl.com/h2p3vzn and follow this Gambian news site
(http://jollofnews.com).

This AfricaFocus Bulletin contains several summary commentaries on
Africa’s elections in 2016 and 2017: Vera Songwe on the contrasting
outcomes in Gabon, Ghana, and Gambia; Abdi Latif Dahir on five
elections to watch in 2017; Kim Yi Dionne reviewing public opinion
on the wide variations in the extent of freedom to organize in 36
different African countries. Also included are several links to
additional recent analyses worth noting.

Also of related interest

Two videos of particular relevance, given the nomination of
ExxonMobil executive Rex Tillerson for U.S. Secretary of State. Both
Chad and Equatorial Guinea held elections in 2016, with leaders who
have been in power for 26 and 37 years respectively continuing
in their positions.

Rachel Maddow on Chad and ExxonMobil December 13, 2016 – 16 minutes
video: http://tinyurl.com/jp57m7z
transcript: http://tinyurl.com/gn5yqvh

Rachel Maddow on Equatorial Guinea and ExxonMobil January 12, 2017 –
4 minutes
video: http://tinyurl.com/hqwc73m
transcript not yet available

List of Africa’s rulers longest in office, updated for 2017
https://qz.com/852384/

For general reference and news related to African elections

Electoral Institute for Sustainable Democracy in Africa
Resources includes an election calendar for each year beginning in
2005

Election Calendar

Afrobarometer – extensive data and analysis on public opinion in 36
African countries
http://afrobarometer.org

Quartz Africa
https://qz.com/africa/ – sign up for their weekly brief at
https://qz.com/africa-weekly-brief/

AllAfrica.com
http://allafrica.com/governance

——————————————————–

The Trump Election: Intersecting Explanations

An intersectional database of articles and books, compiled by
AfricaFocus editor William Minter

http://www.noeasyvictories.org/usa/trump-win-reasons.php

* 21 relevant explanations, any of which arguably sufficient to have
tipped the balance of the narrowly decided electoral college outcome

* As of January 15, 2017: 244 recommended articles, 23 books for
deeper background

* Voter suppression is among the most important factors, but also
among the least prominent in the public debate. See
http://www.noeasyvictories.org/usa/voter-suppression.php

++++++++++++++++++++++end editor’s note+++++++++++++++++

Africa’s mixed political transitions in the 3 Gs: Gabon, the Gambia,
and Ghana

Vera Songwe

Brookings Institution blog, December 22, 2016

http://www.brookings.edu – Direct URL: http://tinyurl.com/j3reoma

Africa has gone through a number of leadership transitions in 2016
and with each one the edifice that will shape Africa’s leadership
and political transition process is being molded. 2016 has been
another of year progress on the African leadership transition front.
This year there have been 16 elections, in seven of the elections
there was an effective leadership transition and over 60 percent of
the elections were conducted in a free and transparent manner with
satisfactory citizen involvement and little or no unrest–such as in
Ghana or Cabo Verde.  Overall, the leadership transitions have been
largely peaceful, constitutional, and transparent. However, the
experiences across countries and sub-regions have been quite varied
and provide us with many lessons for the future. I will use Gabon,
Gambia, and Ghana (the “three Gs”) to illustrate these experiences.

Three elections, in Gabon in August, and the Gambia and Ghana in
December, are shaping the narrative of this dynamic process and
providing important lessons for the transition process. First, the
struggle for change continues: While Africa is slowly moving towards
more participatory political transitions, the fight has not
completely won. In addition, the growing importance and maturity of
electoral commissions; citizens’ increasing awareness that their
votes matter; the slow but certain move away from tribal politics to
issues politics; and now regional, rather than foreign, ownership
around leadership transitions all contribute towards the deepening
of democracy on the continent. Each of the countries–Gabon, the
Gambia, and Ghana–have tackled these issues differently.

The Struggle for Change Persists

Ghana is the pride of Africa when it comes to democratic
transitions. Once again, its most recent election has proven this
point.  Despite the tense and intensely fought campaign both parties
continue to pledge respect for the process. Indeed, there is much to
celebrate around Africa’s leadership transitions, but much remains
to perfect the process the continent over. This year many elections
were held freely and fairly on the continent, and both incumbents
and new leaders were elected to office–including Benin, Cabo Verde,
São Tomé and Príncipe, and Zambia for example. And in an
unprecedented move the President of Mauritania and Angola all
declared they will not seek re-elections at the end of the term. A
very positive and encouraging trend if the pronouncements come to
pass.

However, in a number of countries the old has not given way to the
new, and the evolution of democracy is still in motion with too-
often deadly consequences for the citizens in Burundi, Gabon, and
the Gambia to name a few. These examples demonstrate that the
concept of leadership transition has not yet been fully adopted. A
number of lessons can be drawn from these latter experiences. The
populations are increasingly more vocal about transparency of
elections. Both sides incumbent and opposition have increasingly
equal chances of getting their voices heard and results tend to be
closer in these countries. There is still a need for vigilance, and
the tendency to slip remains. Peaceful leadership transitions are
not yet the norm.

Election Commissions: Strong, Credible, and Independent Institutions
are Emerging

In the three Gs, the role of the electoral commissions has been a
determining factor. In fact, electoral commission heads are
increasingly becoming the new villains and/or heroes in the African
struggle for peaceful leadership transitions.

In Gabon, the head of the electoral commission’s independence was
largely questioned primarily by the opposition and the people of
Gabon, as well as international election observers. Notably, the
final results of the election were not announced by the head of the
electoral commission, as constitutionally stated, but by the
minister of the interior–an institution with no independence from
the incumbent. Gabon’s incumbent President Ali Bongo won by 49.9
percent over 48.2 percent for his rival Jean Ping, less than a 6,000
vote difference and suspiciously high turnout in Bongo’s home
province. Violence and protests erupted not long after the
announcement.

The Gambia’s electoral commission performed and fared much better:
Three months before the election, the head of the electoral
commission Alieu Momarr Njai pledged in a memorable but unpublicized
speech to uphold the integrity of the commission and protect the
integrity of the process.  During the launch of the electoral
process he said:

Election results may be rigged to predetermine who will win or lose,
and election may be disrupted, casting doubt on the legitimacy of
the process, but I stand here today to pronounce to you that, as far
as our concerted efforts are in play, this will never be the case in
our dear country. The Independent Electoral Commission believes that
an election without integrity subverts the purpose of a democratic
election, and cannot be considered fair and equitable. The IEC will
ever concentrate on conducting free and fair elections. This, I
believe we will ever achieve by upholding governing principles such
as: respect for principles of electoral democracy; ethical conduct;
accuracy and transparency.

The people of the Gambia and many others did not expect such clarity
of vision from the head of the electoral commission, and many
dismissed this as normal election propaganda. However, Njai kept his
word. He pronounced the elections results in favor of the opposition
candidate Adama Barrow and called for President Yahya Jammeh, who
has been in power for over 22 years, to step down, eliciting pride
and jubilation from the people of the Gambia. The Gambia’s troubles
have instead come from Jammeh’s withdrawal of his concession and
determination to stay in power.

In Ghana, the head of the election commission benefitted from a
robust and solid system, which has a history of inclusion,
transparency, and most of participation by all members of the
political exercise. The continuous process undertaken by the
Ghanaian electoral commission to continuously educate the electorate
and the political parties is clearly a lesson for the rest of the
continent on how to build trust and interact with the population.

However, even in Ghana there are lessons to learn from the election,
such as how to manage delays in the announcement of the election
results and or glitches in the system on election day. In Ghana the
commission needed more time to ensure everyone eligible to vote had
voted and to count the votes.  Tensions began to mount as the
population waited for the elections results to be proclaimed, both
sides began proclaiming victory and the supporters of each candidate
began filling the streets.

This could have led to severe unrest. However, the communication of
the election committee head asking the people for patience while all
the votes were counted was an example of good election management.
The people could only heed to this request because of the trust
built by the commission and a legitimate sense of ownership of the
commission.  Therefore, while independently elected, the first task
of every election commission is to build trust with the people. As
African countries prepare for more elections this should be an area
that gets special attention.

Ownership: The People’s Voice, The Continent’s Voice

Ethnic politics is slowly giving way to issues politics. The economy
is taking center stage in elections. In Ghana, as in the Gambia, the
last few years have seen citizens suffer under the weight of
weakening currencies, erosion of purchasing power by over 50
percent, increasing poverty, joblessness, and interest rates above
25 percent. Similarly, the rise of corruption, noted by Ghanaian
President John Mahama in his concession speech, undermined all the
achievements of Mahama presidency–and most of all his struggle to
give affordable and reliable power to the people of Ghana. The
results of these elections increasingly show that while there will
always remain a thread of local politics in elections, the
electorate is becoming more sophisticated and are voting on issues
broader than ethnic origins. Citizens are more engaged and are
owning the election agenda.

African leaders are also increasingly more active in the resolution
of African leadership transition issues. During the crisis period of
the Gabon elections the French and the European Union were the most
active and vocal voices. The French president called for a recount
and the EU asked that all results be published, but Chadian
President Idriss Déby, as head of the African Union, was the central
mediator of the proceedings. In the case of the Gambia, the African
Union alongside five other presidents of ECOWAS countries have taken
it upon themselves to mediate a settlement of the impasse. The
acknowledgement and ownership of the transition agenda by Africa’s
leaders is an important part of assuring peace and stability during
transition crises.  The cases of Burundi and the Gambia should
provide lessons on how to make such negations successful. What
incentives could be put in place to minimize difficult transitions?

As the Ghanaians celebrate the peaceful election of new President
Nana Akufo Addo, as President Bongo of Gabon settles into his second
term, and as the Gambians wait anxiously for a resolution, the
continent must heed the lessons of these three transitions and begin
putting in place systems that allow citizens more ownership of the
process, ensure that election commissions are truly independent and
equipped to build trust with citizens, and encourage candidates that
acknowledge the increasing sophistication of the electorate so
campaign messages must have content and can no longer rely solely on
identity politics.

**********************************************************

The five African elections to watch out for in 2017

Abdi Latif Dahir

January 03, 2017 Quartz Africa

The five African elections to watch out for in 2017

Last year, a public survey of elections by the Pan-African research
network Afrobarometer showed Africans distrusted national electoral
commissions and the quality of their elections. Just over 40% of
Africans in 36 countries believed that the last elections in their
country were free and fair; 25% said they trusted their electoral
commissions “a lot”; and many described elections where bribery was
rampant, media bias persisted, and voters were often threatened with
violence at the polls.

Yet elections across the continent are always markers of important
democratic milestones and are followed closely by observers and
citizens alike. In 2016, congratulations poured into Ghana after the
country elected Nana Akufo-Addo as its new president. Several
incumbent presidents, including Uganda’s Yoweri Museveni, Zambia’s
Edgar Lungu and Ali Bongo Ondimba of Gabon all won re-election too–
despite protests from opposition members, violence, and internet
shutdowns. And after 22 years in power, The Gambia’s Yahya Jammeh,
who once said he will rule for “one billion years” conceded defeat
live on television, only to reject the outcome of the elections a
few days later.

In 2017, more African countries will pursue the democratic path by
conducting presidential, legislative and municipal elections. Some
281 sworn lawmakers–they are 347 legislators in total–will kick
things off in Somalia by voting for a president later on Jan. 24.
Incumbent president Hassan Sheikh Mohamud is considered a
frontrunner and is among dozens of candidates who are vying for the
presidency.

Here are the key elections to watch as millions of people head to
the polls.

1. Rwanda

When: Aug. 4, 2017

President Paul Kagame will be seeking a third, seven-year term since
winning the country’s second election in 2010 with 93% of the vote.
Dubbed as the “global elite’s favorite strongman” and the “darling
tyrant,” Kagame is a media-savvy politician who uses his sleek
website and over 1.5 million Twitter followers to propagate his
message of progress and development. Kagame is also credited with
transforming the landlocked nation’s economic development, boosting
youth employment and trade, reducing poverty and advocating for
technology as a tool for prosperity.

Yet, the country’s transformation under Kagame has come with a
catch. Kagame is accused of muzzling the press, restricting free
speech, and silencing dissidents–in some cases, even allegedly
assassinating opponents who fled to Uganda and South Africa.

But the upcoming election will point more to the future of Rwanda
than to its troubled past. In 2015, a constitutional amendment
allowed Kagame to run for this new term and two more five-year terms
after that, meaning that he could stay in power till 2034. The
controversial move was criticized by many in the international
community and questioned whether Kagame was even interested in
fostering a new generation of leaders to take on the mantle of
leadership. “I don’t think that what we need is an eternal leader,”
Kagame said when he announced his candidacy early last year. And in
2017, he will have to work hard to prove to his critics that he
doesn’t count on being one.

2. Kenya

When: Aug. 8, 2017

Kenyans will go to the polls to elect almost 1900 public officials
including the president, senators, county governors, members of the
national and county assemblies, and women county representatives.
This is yet another high-stakes election, which is tilted in favor
of incumbent president Uhuru Kenyatta and his deputy William Ruto.
The two, however, will go into election facing an energized
opposition who have used the administration’s failings as a rallying
point.

Since Kenyatta came to power in 2013, the country has been bedeviled
with deadly terrorist attacks; teachers, nurses and doctor strikes;
failing banks; and several corruption scandals that have drained
tens of millions of dollars from government coffers.

Even though the opposition is yet to pick a candidate, Kenyatta will
likely face Raila Odinga, a longtime opposition figure who has been
angling to become president for almost 20 years. The opposition has
also accused the country’s Independent Electoral and Boundaries
Commission of being inept and biased, with a British court recently
convicting two British businessmen of bribing election commissioners
to get contracts for printing ballots.

Like previous elections in the past two decades, the fear of
violence, ethnic polarization, and escalating political tensions
looms large. Kenya walks a tight rope and depending on how the IEBC
conducts the election, might see it maintain its fragile democracy
or slide into yet another gloomy post-election period.

3. Angola

When: Aug. 2017

President Jose Eduardo dos Santos arrives for an EU Africa Summit in
Lisbon, Sunday Dec. 9, 2007. European and African leaders are
scheduled to sign a strategic partnership agreement on Sunday, after
a two-day summit marked by tensions over human rights in Zimbabwe.

In Dec. 2016, president Jose Eduardo dos Santos surprised many
observers by announcing that he will step down as president before
the 2017 elections. The ruling People’s Movement for the Liberation
of Angola party has elected João Lourenco, a former defense
minister, as vice president ahead of the next parliamentary
elections. In Angola, the leader of the winning party automatically
becomes president.

But Angola is still dominantly a one-party state, ruled by dos
Santos and his family, who have amassed wealth and power over the
last four decades. Yet, the fourth elections in the country since it
gained independence from Portugal in 1975, come at a time when the
country has been hit by the slump in global crude prices–
diminishing its foreign exchange revenues. The 2017 elections will
test the maturity of Angola’s democracy and if successful, confer a
measure of legitimacy on its government

4. Liberia

When: Oct. 10, 2017

After 10 years in office, it is the end of the road for Ellen
Johnson-Sirleaf, Liberia, and Africa’s first female president.
Sirleaf leaves office after winning the Nobel Peace Prize, dealing
with the Ebola crisis, passing a Freedom of Information bill, and
taking on the taxing effort of rebuilding a country ravaged by war.
But by Oct. 25, 2017, Liberia will have a new president-elect, who
will take the mantle of an economy battered by low global commodity
prices and post-Ebola decline in official inflows.

Former Liberian soccer player and current Senator George Weah smiles
after addressing thousands of supporters of the Congress for
Democratic Change (CDC) party who petitioned him to contest
Liberia’s Presidential elections in 2017, at Party headquarters in
Monrovia, Liberia, 28 April 2016. George Weah contested the 2005 and
2011 Presidential elections, but lost to incumbent Ellen Johnson
Sirleaf on both occasions. Sirleaf’s second term in office will end
in 2017.

More than 1.9 million registered voters will elect presidential and
legislative candidates from 22 political parties, according to the
National Elections Commission. A key contender in the elections is
George Weah, an ex-footballer who is considered by Fifa as the
highest-ranking African footballer of the 20th century, and whose
first presidential bid failed after he lost to Sirleaf. The former
AC Milan footballer and current senator has promised to increase the
national budget, work on religious harmony and support vocational
education.

Weah could also face off with Jewel Howard-Taylor, the ex-wife of
former Liberian president and warlord Charles Taylor. Jewel,
considered the second most powerful woman in Liberian politics, is a
twice-elected senator from Bong County, which has the third-highest
number of registered voters in Liberia. Vice president Joseph Boakai
will also run for president on the government’s record.

5. The Democratic Republic of Congo

When: TBD 2017

Moise Katumbi, governor of Democratic Republic of Congo’s mineral-
rich Katanga province, arrives for a two-day mineral conference in
Goma, Democratic Republic of Congo March 24, 2014.

On New Year’s Eve, the government and opposition members in the DR
Congo appeared to have signed a deal that could see president Joseph
Kabila step down after the next election. The agreement came after
deadly protests, arrests and internet shutdown that followed the end
of Kabila’s constitutionally-mandated second term on Dec. 19.

As part of the deal, a transitional government will be appointed by
March, and the elections will take place before the end of the year.
If this does take place, it will be the first peaceful transfer of
power since independence in 1960. A peaceful election will also
avert a return to war in the populous, mineral-rich country, where
some five million people lost their lives in the civil war that
lasted between 1994 and 2003. Moise Katumbi, a popular politician
and opposition member, is expected to run to replace Kabila.

The challenge to hold the vote in 2017 will also be enormous, given
that the electoral commission once said that it needed at least 17
months to complete registration processes and hold the elections.
Beyond the election, a new government and president will face the
task of addressing economic, humanitarian and political
instabilities that persist all across the country.

**************************************************************

Only 7 percent of citizens in this African country [Swaziland] feel
free to join political organizations
Kim Yi Dionne,  Afrobarometer Blog, Dec. 16, 2016

http://www.afrobarometer.org – direct URL:
http://tinyurl.com/hdk9rlc

“Afrobarometer measures citizens’ perceptions of freedom to assemble
by asking: “In this country, how free are you to join any political
organization you want?” Survey participants could answer completely
free, somewhat free, not very free or not at all free.

On average, across the 36 African countries where Afrobarometer
conducts its nationally representative public opinion surveys, a
majority (58 percent) reported that they feel “completely free” to
join any political organization they want.

But citizens’ perceptions of freedom to assemble varied across the
continent. While 85 percent of Senegalese felt completely free to
join political organizations, only 7 percent felt that same way in
Swaziland.

Why is Swaziland so far below its peers in Africa in protecting its
citizens’ freedom to assemble?

Plainly, Swaziland is not a democracy. It holds elections and has a
parliament, but real power is vested in the last absolute monarch in
Africa, King Mswati III. King Mswati III has ruled Swaziland since
1986, a couple of years after the death of his father, King Sobhuza
II.”

**************************************************************

Additional links worth noting

Brett L. Carter, “Congo President Denis Sassou Nguesso’s
embarrassing attempt to ingratiate himself to Donald Trump,” Jan 9,
2017
http://africasacountry.com – direct URL: http://tinyurl.com/jnthw78

Nic Cheeseman, “Africa’s real story of 2017 will be of close
elections and activists struggling to hold governments accountable,”
Jan 10, 2017
http://www.africanarguments.org – direct URL:
http://tinyurl.com/jtgt2tb

Sarah Brierley and George Ofosu, “What will Ghanaians expect from
their new president,” Afrobarometer blog, Jan 6, 2017
http://tinyurl.com/zxb5kfz

Jesse Weaver Shipley, “The market decides if we are free,” Africa is
a Country, Jan. 16, 2017
On President Nana Akufo-Addo’s inauguration speech in Ghana
http://tinyurl.com/hqz7msy

*****************************************************

AfricaFocus Bulletin is an independent electronic publication
providing reposted commentary and analysis on African issues, with a
particular focus on U.S. and international policies. AfricaFocus
Bulletin is edited by William Minter.

AfricaFocus Bulletin can be reached at africafocus@igc.org. Please
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What do Nazis do?
| January 14, 2017 | 6:27 pm | Fascist terrorism, political struggle | Comments closed

Goebbels

Capitalism Unmasked: Numbers reveal the expansion of social inequalities in the 21st century
| January 2, 2017 | 7:47 pm | Analysis, class struggle | Comments closed

Monday, January 2, 2017

Capitalism Unmasked: Numbers reveal the expansion of social inequalities in the 21st century

https://communismgr.blogspot.com/2017/01/capitalism-unmasked-numbers-reveal.html
The poorest half of the world’s population shares a bit under the 1% of the global wealth, while the richest 10% owns the 88% of the total global wealth. The 0.7% of the world’s population owns 116.6 trillion dollars!
1. The richest 1% of the world’s population controls half of the global wealth. Despite the economic crisis, the number of millionaires in a worldwide scale was increased during the last 12 months of 2016.
2. According to a survey by Credit Suisse, 3.4 billion people– the 71% of the world’s population- share only 7.4 trillion dollars, less than the wealth of the 2,473 billionaires around the world.
3. The total number of billionaires grew by 81% since 2009, a year after the collapse of Lehman Brothers, while their wealth was more than doubled. According to data provided by Wealth-X and UBS, 16.6 million people (0.334% of the global population) own 77 trillion dollars, which is almost the annual global GDP.
4. Approximately 211,275 millionaires (0.004% of the global population) own the 12.8% (29.7 trillion dollars) of the global wealth, while 2,325 billionaires own 7.3 trillion dollars.
5. The wealth of the richest 62 people has risen by 45% in the five years since 2010 – that’s an increase of more than half a trillion dollars ($542bn), to $1.76 trillion.
6. Since the turn of the century, the poorest half of the world’s population has received just 1% of the total increase in global wealth, while half of that increase has gone to the top 1%. The average annual income of the poorest 10% of people in the world has risen by less than $3 each year in almost a quarter of a century. Their daily income has risen by less than a single cent every year (Credit Suisse, 2015).
7. Approximately 780,000,000 people lack access to clean water, while 2.5 billion people lack access to sanitation.
8. Every year, approximately 3,500,000 children die from hunger.

IN DEFENSE OF COMMUNISM ©.

RUSSIAN RED ARMY ORCHESTRA -ΟΤΑΝ ΣΦΙΓΓΟΥΝ ΤΟ ΧΕΡΙ- MIKIS THEODORAKIS
| January 1, 2017 | 8:48 pm | Russia | Comments closed

Παρτιζάνοι (Partisan song greek version)-Ανταρτικα τραγουδια
| January 1, 2017 | 8:08 pm | Greece | Comments closed

Greek Partisan Songs ☭ Σαν ατσάλινο τείχος/ Ήρωες/ Ύμνος του ΕΑΜ
| January 1, 2017 | 8:01 pm | Greece | Comments closed