tax havens

In the midst of a coronavirus pandemic, the world is facing a doubling in the number of global poor. But governments focusing on huge rescue packages to save corporations, including those registered in tax havens, from taking too big a hit, writes Astrid Paulsson.

The Hidden Wealth Of Nations: The Scourge Of Tax Havens Gabriel Zucman University of Chicago Press 2015, 129 pages Criminal heists do not come any bigger than the global theft every year by the ultra-rich of about US$200 billion courtesy of the off-shore tax haven banking industry. The Panama Papers has grabbed headlines, but in The Hidden Wealth of Nations, Gabriel Zucman, economics professor at the London School of Economics and Political Science, also takes a close look at the famous tax-evading practices in Switzerland.

In our “A World to Win” series, Resistance: Young Socialist Alliance seeks to give voice to the ideas and demands of radical young people involved in the struggle to make the world a better place. In this week's article, Stanley Blair argues that the international border system exacerbates the injustice of capitalism and that we need open borders. * * * Around the world, political discussion has become increasingly concerned with immigration. The Australian establishment has been a world leader in immigration scaremongering for the past decade.