Corporations are monopolising the basics we need to live decent lives. This is being called ‘monopoly capitalism’. And it’s time we faced it head on.

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Hi John,
Last week, the super-rich had their annual ‘awayday’ in Davos, Switzerland. While they said they were addressing pressing global issues, in reality, these elites are striving to protect the status quo which has made them so wealthy.

New figures released by Oxfam revealed that in the last two years, while we’ve struggled with multiple crises, the richest 1% have captured two-thirds of new wealth in the world. It’s shocking, but inequality is only getting worse. And it’s being driven by ever more powerful transnational corporations.

These corporations set the rules of the global economy, and have increasingly monopolised the supply of the basics we need to live dignified lives. The super-rich of the tech sector have become household names – Jeff Bezos, Mark Zuckerberg – thanks to the fact that their companies hold huge amounts of power and wealth. But it’s the same in other economic sectors: our food, energy and medicine production are now all highly concentrated in the hands of a few gigantic corporations.

This domination of markets by just a few corporations is being called a new era of ‘monopoly capitalism’. And we think it’s time we faced it head on. That’s why we’re organising ‘Resisting Monopoly Capitalism’, a conference bringing together activists from around the world.

I’m writing to ask if you can help us get key international speakers to the event by donating £5 today?
Yes, I'll help ([link removed])
Confronting the failings of our global economy requires a global movement. In March, we want to bring together international thinkers and campaigners resisting monopoly capitalism to strengthen this movement.


** Help us get key international speakers to our conference
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You can help us bring together activists who have a unique perspective and understanding about the impacts of monopoly capitalism on the global south and what can be done.
* Parminder Jeet Singh is the director of IT For Change in India and has been a special advisor to the UN. He heads up the organisation pushing for technology markets to be run democratically and benefit society, not big business.
* Julia Kosgei is from Kenya and is a policy adviser at the People’s Vaccine Alliance, the global coalition we’re part of that has been pushing for patent-free access to Covid vaccines.
* An organiser (who, to be confirmed) from the inspiring Landless Workers Movement in Brazil, which fights the domination of agribusiness over our food system and builds alternatives.

We understand that these are challenging times for many people, who may not be able to donate. But if you are in a position to help us, please consider donating today to make our event as impactful as possible and help resist monopoly capitalism.
I'll donate ([link removed])

In person conferences are important but they aren't cheap to organise. Our event is free as we want to make it accessible for everyone. This is part of the work we need to do to change the structure of the global economy that has led to the many crises we are seeing today: the cost of living crisis, the climate emergency and the pandemic.

Around the world, society is at breaking point. Only by coming together can we create change. The super-rich have Davos – we need spaces to organise for a different world.


** What your donation will do
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We need to raise at least £4,000 towards the costs of the conference, including covering speakers’ travel, visas and accommodation. We also want to produce resources like podcasts so we can share some of the footage with supporters and the general public after the event. A donation from you would count for a lot because the majority of our funding comes from individual supporters.

People like you and me are working for a more just world that respects people and the environment. At Global Justice Now we build and maintain links between social justice movements in the global north and south. Your donation would help strengthen our connections in the fight to change monopoly capitalism.
We’ve already seen decades of destruction and privatisation by ‘market knows best’ politics. And monopoly capitalism is taking this even further. Yet big business and the structures it uses are only as powerful as we allow.

The tide is starting to turn against extreme corporate domination, with some politicians talking about taxing, regulating, breaking up and even taking over these giants. By running events like this conference, we can get more people on board to stand with us, and you can help make this happen.
Thank you for everything you do to take our campaigns further.
In solidarity,
James O’Nions
Head of activism

PS. Can you donate today to help bring international speakers to our ([link removed]) conference ([link removed]) and deepen our understanding of our global economy and how to change it?
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