Bigger and badder corporations

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Globe-spanning corporations may have taken a big public-relations hit in the streets of Seattle and other cities over the past year, but it sure doesn’t seem to have slowed them down any.

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According to a new report from THE INSTITUTE FOR POLICY STUDIES, 51 of the world’s 100 largest economic entities are now corporations, not countries. Moreover, the world’s top 200 corporations account for over a quarter of the planet’s economic activity — but employ less than one percent of its workforce.

Where does all that money go? Not back to the rest of us, anyway. Forty-four of the US corporations on the list paid less than the full standard 35 percent federal corporate tax rate between 1996 and 1998 — and seven of them paid no federal taxes at all.

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GREAT JOURNALISM, SLOW FUNDRAISING

Our team has been on fire lately—publishing sweeping, one-of-a-kind investigations, ambitious, groundbreaking projects, and even releasing “the holy shit documentary of the year.” And that’s on top of protecting free and fair elections and standing up to bullies and BS when others in the media don’t.

Yet, we just came up pretty short on our first big fundraising campaign since Mother Jones and the Center for Investigative Reporting joined forces.

So, two things:

1) If you value the journalism we do but haven’t pitched in over the last few months, please consider doing so now—we urgently need a lot of help to make up for lost ground.

2) If you’re not ready to donate but you’re interested enough in our work to be reading this, please consider signing up for our free Mother Jones Daily newsletter to get to know us and our reporting better. Maybe once you do, you’ll see it’s something worth supporting.

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