Chris Alemany🇺🇦🇨🇦🇪🇸🌱 · @chris
2157 followers · 8997 posts · Server mstdn.chrisalemany.caBack in the day there were 7 large Pulp and/or Paper Mills on Vancouver Island. They were the major employer in Port Alice, Gold River, Powell River, Campbell River, North Cowichan/Crofton, Nanaimo (Harmac), and Port Alberni.
Gold River closed permanently 20 years ago.
Campbell River closed permanently 15 years ago.
Harmac was sold to the employees 15 years ago, it continues.
Port Alice closed permanently 10-15 years ago.
Powell River closed permanently this year.
Crofton has been 'curtailed' for last 3 months due to 'market conditions’ (see link). The outlook is not bright.
Port Alberni is the last “company mill” on the Island and has avoided most of the turmoil at least outwardly.
Other than Harmac, the last 3 mills were the final ones owned by one entity. That entity, Paper Excellence, is owned by a member of the Wijaya family who run a huge conglomerate in Indonesia: Sinar Mas.
It's just numbers on a spreadsheet now.
I expect Port Alberni's mill to be closed within 5 years.
There are lots of reasons for the shutdown, but I believe the major one is company consolidation and offshoring of global pulp and paper production.
#megaCorps #Billionnaires #Forestry #PulpandPaper #PortAlberni #Nanaimo #CampbellRiver #Canada #CanPoli #BCPoli
https://www.albernivalleynews.com/trending-now/crofton-mill-extends-shutdown-another-month-3099321
#megacorps #billionnaires #forestry #pulpandpaper #portalberni #nanaimo #campbellriver #canada #canpoli #bcpoli
Suig :verified_flashing: 🥃🎮💀 · @Suig
651 followers · 1585 posts · Server mstdn.party
Bimo Novanda · @duniamelayu
218 followers · 2064 posts · Server mstdn.socialOligarch president asks other oligarchs for advice on how to run the government. It is becoming more common, isn't it?
#Oligarchs #Billionnaires #Rappler #Kakistocracy #Filipinos #Philippines #TootSea #Government #Politicians #Business #Governance
https://www.rappler.com/business/billionaires-advising-marcos-jr-run-philippine-economy/
#governance #business #politicians #Government #tootsea #philippines #filipinos #kakistocracy #rappler #billionnaires #oligarchs
Tatteredstones · @Tatteredstones
53 followers · 730 posts · Server mastodonapp.ukhttps://www.theguardian.com/environment/2023/mar/28/weve-seen-oiled-birds-fears-for-protected-wetlands-after-poole-harbour-spill?CMP=Share_AndroidApp_Other it's all well saying that the company eill be fined but it's owned by a family of #billionnaires so rich they don't care. #wildlife #ecodisaster. #Perenco
#billionnaires #wildlife #ecodisaster #Perenco
Suig :verified_flashing: 🥃🎮💀 · @Suig
555 followers · 1563 posts · Server mstdn.party
Suig :verified_flashing: 🥃🎮💀 · @Suig
549 followers · 1389 posts · Server mstdn.partyWhile the rest of us plebbs are getting audited by the IRS for fucking existing.
#FTX #cryptobros #fraud #billionnaires
JuneSim63 💚 · @junesim63
712 followers · 3764 posts · Server mstdn.social"There is something extremely refreshing about an author who assumes it should be obvious that billionaires should not be allowed to exist – and has perfectly reasonable proposals about how they should be eliminated"
Charles Kaiser reviews Bernie Sanders' book 'It's OK To Be Angry About Capitalism'
#SocialistSunday #BernieSanders #Capitalism #Billionnaires #Oligarchy #USOligarchy
https://www.theguardian.com/books/2023/mar/12/bernie-sanders-new-book-review
#usoligarchy #oligarchy #billionnaires #Capitalism #BernieSanders #socialistsunday
Chris Alemany 🇺🇦🇨🇦🇪🇸 🌱 · @chris
1298 followers · 1488 posts · Server mstdn.chrisalemany.caThe Climate Jets website is gold!
#banprivatejets #climateemergency #climateaction #zerocarbon #billionnaires
https://climatejets.org
#banprivatejets #climateemergency #climateaction #zerocarbon #billionnaires
Jiko · @jikodesu
306 followers · 8342 posts · Server mastodon.socialCharging for Twitter Blue and Instagram Verified is proof that the greediest people are multi-billionnaires. You would think that having a net worth bigger than a small nation would be enough wealth for the likes of Zuckerberg and Musk. But no, they want more money. What a strange world we live in.
#Billionnaires #Twitter #Meta #Instagram #Verified #Wealth #Business #SocialMedia
#billionnaires #twitter #meta #instagram #verified #wealth #business #socialmedia
mohansus · @mohansus
192 followers · 102 posts · Server newsie.social#india is the #fastestgrowing #economy among the #world's major #economies! However, record #unemployment and grotesque #inequality mar its "headline-grabbing" #growth #rates.
#india is a country where #billionnaires are as ubiquitous as those who almost #beg for #livingwage. Its fabled #software #firms jostle for space with the #poor and the #destitute scrounging to make a living.
#india #fastestgrowing #economy #world #economies #unemployment #inequality #growth #rates #billionnaires #beg #livingwage #software #firms #poor #destitute #two #rupees #story
Alex von Thorn 🚀🖖🏽🖊 · @canfaniac
49 followers · 111 posts · Server mendeddrum.org#ElonMusk spent $44 billion to buy #Twitter .
Since then, Tesla has lost $800 billion in share value.
This is why we shouldn't let #billionnaires run roughshod over the economy. Company boards of directors should represent all major stakeholders, not just the wealthiest investors.
#ElonMusk #twitter #billionnaires
MissAinMemphis · @MissAinMemphis
1 followers · 3 posts · Server mastodon.sdf.org
My Two Cents · @mytwocents
1 followers · 4 posts · Server toot.communitySomething’s gone very wrong when basic infrastructure maintenance seems wildly utopian, while the hare-brained schemes of man-child oligarchs become increasingly routine.
(Jeff Sparrow, "The Guardian" Australia)
Democracy was meant to prevent the accumulation of too much power in the hands of individuals. - This is what happens when you equate capitalism with democracy.
#inequality #elonmusk #twitter #billionnaires #capitalism #jeffbezos #billgates #crypto #oligarchy #oligarchs #democracy #usa
#inequality #elonmusk #twitter #billionnaires #capitalism #jeffbezos #billgates #crypto #oligarchy #oligarchs #democracy #usa
