Wednesday, 11 September 2013

Death by Corporation, Part II: Companies as Cancer Cells

The financial industry, chemical industry, drug companies, nuclear industrial complex and dirty energy empire work "like tumor cells for the relentless destruction of the environment that they themselves depend upon for their very lives. And the rest of us stand by and watch it happen."


The Financial Industry

The global financial crisis of 2008, at a cost of more than $20 trillion, caused millions of people to lose their jobs and homes in the worst recession since the Great Depression. The financial crisis became a human crisis. The World Bank estimated that 53 million people worldwide were thrown into poverty and that between 200,000 and 400,000 babies died annually as a result. Millions of children in sub-Saharan Africa have suffered severe malnutrition and long-term brain damage as fallout from the financial disaster.

The Chemical Industry

Albert Einstein is often attributed with a statement like, "If the bee disappeared off the face of the Earth, man would only have four years left to live." Although Einstein may not have actually said that, and he was not an entomologist, the importance of pollinators to modern agriculture is difficult to overstate. Humans likely will not survive a total collapse of the bee population, and we are headed in that direction. Eighty-seven of the top human food crops, which supply about 90 percent of the world's nutrition, are pollinated by bees.

The Drug Companies

About 20 years ago, the United States became, and still is, virtually the only major country where the $600 billion drug industry can advertise directly to consumers. Patients now tell their doctors what drugs they should be on. For the drug companies, the results have been spectacular, for public health, the exact opposite. The US is 49th in the world in life expectancy despite Americans taking more prescription drugs per capita than any other country. Spending on prescription drugs more than doubled between 1999 and 2008. Nine of ten adults over 60 are on a prescription drug, as are one of every four children and teenagers. More than 20 percent of all American adults are taking at least one drug for "psychiatric" or "behavioral" disorders. Americans' recent fascination with doped-up zombies is a reality show playing out in front of their own mirrors.

The Nuclear Industrial Complex

Any discussion about corporations that threaten the future of mankind must obviously include the nuclear industry. Even outside the realm of nuclear accidents, every phase of the nuclear fuel cycle releases radiation into the environment - the uranium mining, the milling, the fuel production, the power plant operation and the multiple streams of waste.

The Dirty Energy Empire

Finally, this brings us to the fossil fuel industry. As I write this, the temperature is a record-setting 105 degrees in Salt Lake City; no relief is expected for a week. Western forests are being obliterated by drought, pine beetle infestations and wildfires. Reservoirs are only half full. The summer is just getting started; so is global warming.

 

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