Around the same time, the Pentagon issued a warning that climate change, caused by unchecked fossil-fuel extraction, “will aggravate stressors abroad such as poverty, environmental degradation, political instability, and social tensions—conditions that can enable terrorist activity and other forms of violence.” A subsequent report issued by the CNA Corporation Military Advisory Board, a government-funded military research organization, went even further, stating that the effects of climate change—food insecurity and massive forced displacement, just to name two—”will serve as catalysts for instability and conflict.”
The richest 1% of the world’s population are getting wealthier, owning more than 48% of global wealth, according to a report published on Tuesday which warned growing inequality could be a trigger for recession.
According to the Credit Suisse global wealth report (pdf), a person needs just $3,650 – including the value of equity in their home – to be among the wealthiest half of world citizens. However, more than $77,000 is required to be a member of the top 10% of global wealth holders, and $798,000 to belong to the top 1%.
“Taken together, the bottom half of the global population own less than 1% of total wealth. In sharp contrast, the richest decile hold 87% of the world’s wealth, and the top percentile alone account for 48.2% of global assets,” said the annual report, now in its fifth year…
“These figures give more evidence that inequality is extreme and growing, and that economic recovery following the financial crisis has been skewed in favour of the wealthiest. In poor countries, rising inequality means the difference between children getting the chance to go to school and sick people getting life saving medicines,” said Oxfam’s head of inequality Emma Seery.
The governor of the Bank of England has reiterated his warning that fossil fuel companies cannot burn all of their reserves if the world is to avoid catastrophic climate change, and called for investors to consider the long-term impacts of their decisions.
According to reports, Carney told a World Bank seminar on integrated reporting on Friday that the “vast majority of reserves are unburnable” if global temperature rises are to be limited to below 2C.
Carney is the latest high profile figure to lend his weight to the “carbon bubble” theory, which warns that fossil fuel assets, such as coal, oil and gas, could be significantly devalued if a global deal to tackle climate change is reached.
As a form of territorial governance, the nation-state emerged in Western Europe some time during the last 1000 years. Just when and where depends, of course, on just what you think qualifies as a nation-state. I note, for example that at the time of the French Revolution, most of the people in that territory did not speak French. Was it a nation-state?
The question of Palestine has made the issue an acute one, but:
The Montevideo Convention on the rights and duties of states, signed by 20 countries in North and South America in 1933, sets four criteria for becoming a state: a permanent population, a government, defined borders and the capacity to enter into relations with other states. But these are little more than guidelines. Many places recognised as states do not comply. Libya has more than one government. Many states emerged after national movements declared independence and then sought recognition by other states and admission into the United Nations. Yasser Arafat, the leader of the Palestinian Liberation Organisation (PLO), declared Palestine a state in 1988 in Algiers, and has subsequently secured recognition from over 130 states, or over two-thirds of the UN.
How can Germany be both afraid of and in love with technology, and the companies that make it? The key is to look beyond those things, to the corporate model they represent.The true origin of the conflict lies in the economic culture innate to those former Silicon Valley start-ups — now giants — that are taking the European markets by storm. To create and grow an enterprise like Amazon or Uber takes a certain libertarian cowboy mind-set that ignores obstacles and rules.Silicon Valley fears neither fines nor political reprimand. It invests millions in lobbying in Brussels and Berlin, but since it finds the democratic political process too slow, it keeps following its own rules in the meantime. Uber simply declared that it would keep operating in Germany, no matter what the courts ruled. Amazon is pushing German publishers to offer their books on its platform at a lower price — ignoring that, in Germany, publishers are legally required to offer their books at the same price everywhere.It is this anarchical spirit that makes Germans so neurotic. On one hand, we’d love to be more like that: more daring, more aggressive. On the other hand, the force of anarchy makes Germans (and many other Europeans) shudder, and rightfully so. It’s a challenge to our deeply ingrained faith in the state.
HONG KONG — If there is one phrase that has come to define the protests that have swept across Hong Kong in the last week and a half, appearing on handwritten billboards and T-shirts, and heard in rally speeches and on radio shows, it is this: “Hong Kong People.”
“I wouldn’t say I reject my identity as Chinese, because I’ve never felt Chinese in the first place,” said Yeung Hoi-kiu, 20, who sat in the protest zone at the government offices on Monday night. “The younger generations don’t think they’re Chinese.”
More than 90 percent of Hong Kong residents are ethnically Chinese. However, ask residents here how they see themselves in a national sense, and many will say Hong Konger first — or even Asian or world citizen — before mentioning China. The issue of identity is one that the Chinese Communist Party has grappled with since Britain turned over control of this global financial capital to China 17 years ago.
BEIJING — As hundreds of protesters continue to occupy the streets of Hong Kong, challenging China’s Communist Party leaders with calls for greater democracy, much of the world anxiously awaits signs of how Beijing will react to their demands.
But the anticipation is perhaps most keenly felt along the periphery of China’s far-flung territory, both inside the country and beyond, where the Chinese government’s authoritarian ways have been most apparent.
Among Tibetans and Uighurs, beleaguered ethnic minorities in China’s far west, there is hope that the protests will draw international scrutiny to what they say are Beijing’s broken promises for greater autonomy.
The central government’s refusal to even talk with pro-democracy advocates in Hong Kong, exiled activists add, also highlights a longstanding complaint among many ethnic minority groups in China: the party’s reliance on force over dialogue when dealing with politically delicate matters.