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Conservative estimates state that since 2001, U.S. interventions in Afghanistan, Iraq, and Pakistan have displaced 10 million people. (Photo: Getty Images)
From Wall Street to the Vatican; The Pope's Chat With Larry Fink
Considering the countless conflicts that have raged across the world and the continued threat of climate change, it’s well past time to hold institutions accountable for profiting on the backs of global destruction.
Jun 15, 2018
With summer temperatures on the rise, the Pope's June 9th meeting with Larry Fink- CEO of the investment firm BlackRock- and other executives on the issue of climate change couldn't be more timely. Back in 2015, the Pope issued an encyclical on climate change, highlighting that unchecked consumption and greed cause massive devastation to our planet. The Pope has repeatedly brought climate change to the forefront of international discussions, including connecting the issue of worldwide hunger with war and climate change.
The impacts of war and climate change disproportionately impact those who have less, while an elite few let profits drive their decisions and line their pocketbooks.Forced migrations, hunger, water pollution/scarcity, increased poaching, escalating global insecurity, and the lack of political will to find sustainable solutions are just a few of the common connections between war and climate change. Considering the countless conflicts that have raged across the world and the continued threat of climate change, it's well past time to hold institutions accountable for profiting on the backs of global destruction.
In October 2017, BlackRock CEO Larry Fink announced that he was going to start holding companies accountable to be good corporate citizens. BlackRock is the world's largest investment firm, controlling more than $3 trillion in assets. Some of these assets are linked to weapons manufacturers such as Lockheed Martin, meaning that Mr. Fink should follow his own advice and set an example for Wall Street.
CODEPINK has been calling on BlackRock to stop investing in weapons of war. There should be no profit in war (or climate destruction). The Pope has been meeting with financial and oil executives because their leadership is needed to pull us out of a spiraling climate crisis. We also recommend that the Pope speak to corporate leadership about ending war, as it compounds and escalates the impacts of climate change. In the Pope's 2015 Climate Encyclical he states, "The environment is one of those goods that cannot be adequately safeguarded or promoted by market forces."
Peace, like the environment, should not be dictated by market forces. When a company's bottom line is driving decisions, its executives are not considering the impacts of their products on others. BlackRock invests in companies like Lockheed, Raytheon, General Dynamics, Northrop Grumman, and Boeing. These companies make the bombs, missiles, tanks, and warplanes that destroy other communities. Their legacy of environmental contamination includes polluting groundwater and leaving behind depleted uranium in soil for generations.
U.S. military interventions and U.S. produced weapons have played a leading role in displacing millions around the globe.
The legacy of war and climate change also includes the destruction of families. Whether through forced migrations or death, families are ripped apart. Pope Francis raised the issue of refugees and forced migrations during his 2018 World Peace Day address. There are over 65 million forcibly displaced people in the world. U.S. military interventions and U.S. produced weapons have played a leading role in displacing millions around the globe. Conservative estimates state that since 2001, U.S. interventions in Afghanistan, Iraq, and Pakistan have displaced 10 million people.
The impacts of war and climate change disproportionately impact those who have less, while an elite few let profits drive their decisions and line their pocketbooks. This is why we must Divest From War and invest in solutions like renewable energy. Our investments -personal and public- should reflect the needs and priorities of our local communities, not the bottom lines of Wall Street.
Learn more about how you can be a part of the solution at www.divestfromwarmachine.org
An Urgent Message From Our Co-Founder
Dear Common Dreams reader, It’s been nearly 30 years since I co-founded Common Dreams with my late wife, Lina Newhouser. We had the radical notion that journalism should serve the public good, not corporate profits. It was clear to us from the outset what it would take to build such a project. No paid advertisements. No corporate sponsors. No millionaire publisher telling us what to think or do. Many people said we wouldn't last a year, but we proved those doubters wrong. Together with a tremendous team of journalists and dedicated staff, we built an independent media outlet free from the constraints of profits and corporate control. Our mission has always been simple: To inform. To inspire. To ignite change for the common good. Building Common Dreams was not easy. Our survival was never guaranteed. When you take on the most powerful forces—Wall Street greed, fossil fuel industry destruction, Big Tech lobbyists, and uber-rich oligarchs who have spent billions upon billions rigging the economy and democracy in their favor—the only bulwark you have is supporters who believe in your work. But here’s the urgent message from me today. It's never been this bad out there. And it's never been this hard to keep us going. At the very moment Common Dreams is most needed, the threats we face are intensifying. We need your support now more than ever. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. When everyone does the little they can afford, we are strong. But if that support retreats or dries up, so do we. Will you donate now to make sure Common Dreams not only survives but thrives? —Craig Brown, Co-founder |
Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.
Brienne Kordis
Brienne Kordis is CODEPINK's DC Director and member of the Divest from the War Machine campaign.
Sarah Eckel-Dalrymple
Sarah Eckel-Dalrymple is CODEPINK's Divest from the War Machine campaign manager.
With summer temperatures on the rise, the Pope's June 9th meeting with Larry Fink- CEO of the investment firm BlackRock- and other executives on the issue of climate change couldn't be more timely. Back in 2015, the Pope issued an encyclical on climate change, highlighting that unchecked consumption and greed cause massive devastation to our planet. The Pope has repeatedly brought climate change to the forefront of international discussions, including connecting the issue of worldwide hunger with war and climate change.
The impacts of war and climate change disproportionately impact those who have less, while an elite few let profits drive their decisions and line their pocketbooks.Forced migrations, hunger, water pollution/scarcity, increased poaching, escalating global insecurity, and the lack of political will to find sustainable solutions are just a few of the common connections between war and climate change. Considering the countless conflicts that have raged across the world and the continued threat of climate change, it's well past time to hold institutions accountable for profiting on the backs of global destruction.
In October 2017, BlackRock CEO Larry Fink announced that he was going to start holding companies accountable to be good corporate citizens. BlackRock is the world's largest investment firm, controlling more than $3 trillion in assets. Some of these assets are linked to weapons manufacturers such as Lockheed Martin, meaning that Mr. Fink should follow his own advice and set an example for Wall Street.
CODEPINK has been calling on BlackRock to stop investing in weapons of war. There should be no profit in war (or climate destruction). The Pope has been meeting with financial and oil executives because their leadership is needed to pull us out of a spiraling climate crisis. We also recommend that the Pope speak to corporate leadership about ending war, as it compounds and escalates the impacts of climate change. In the Pope's 2015 Climate Encyclical he states, "The environment is one of those goods that cannot be adequately safeguarded or promoted by market forces."
Peace, like the environment, should not be dictated by market forces. When a company's bottom line is driving decisions, its executives are not considering the impacts of their products on others. BlackRock invests in companies like Lockheed, Raytheon, General Dynamics, Northrop Grumman, and Boeing. These companies make the bombs, missiles, tanks, and warplanes that destroy other communities. Their legacy of environmental contamination includes polluting groundwater and leaving behind depleted uranium in soil for generations.
U.S. military interventions and U.S. produced weapons have played a leading role in displacing millions around the globe.
The legacy of war and climate change also includes the destruction of families. Whether through forced migrations or death, families are ripped apart. Pope Francis raised the issue of refugees and forced migrations during his 2018 World Peace Day address. There are over 65 million forcibly displaced people in the world. U.S. military interventions and U.S. produced weapons have played a leading role in displacing millions around the globe. Conservative estimates state that since 2001, U.S. interventions in Afghanistan, Iraq, and Pakistan have displaced 10 million people.
The impacts of war and climate change disproportionately impact those who have less, while an elite few let profits drive their decisions and line their pocketbooks. This is why we must Divest From War and invest in solutions like renewable energy. Our investments -personal and public- should reflect the needs and priorities of our local communities, not the bottom lines of Wall Street.
Learn more about how you can be a part of the solution at www.divestfromwarmachine.org
From Your Site Articles
Brienne Kordis
Brienne Kordis is CODEPINK's DC Director and member of the Divest from the War Machine campaign.
Sarah Eckel-Dalrymple
Sarah Eckel-Dalrymple is CODEPINK's Divest from the War Machine campaign manager.
With summer temperatures on the rise, the Pope's June 9th meeting with Larry Fink- CEO of the investment firm BlackRock- and other executives on the issue of climate change couldn't be more timely. Back in 2015, the Pope issued an encyclical on climate change, highlighting that unchecked consumption and greed cause massive devastation to our planet. The Pope has repeatedly brought climate change to the forefront of international discussions, including connecting the issue of worldwide hunger with war and climate change.
The impacts of war and climate change disproportionately impact those who have less, while an elite few let profits drive their decisions and line their pocketbooks.Forced migrations, hunger, water pollution/scarcity, increased poaching, escalating global insecurity, and the lack of political will to find sustainable solutions are just a few of the common connections between war and climate change. Considering the countless conflicts that have raged across the world and the continued threat of climate change, it's well past time to hold institutions accountable for profiting on the backs of global destruction.
In October 2017, BlackRock CEO Larry Fink announced that he was going to start holding companies accountable to be good corporate citizens. BlackRock is the world's largest investment firm, controlling more than $3 trillion in assets. Some of these assets are linked to weapons manufacturers such as Lockheed Martin, meaning that Mr. Fink should follow his own advice and set an example for Wall Street.
CODEPINK has been calling on BlackRock to stop investing in weapons of war. There should be no profit in war (or climate destruction). The Pope has been meeting with financial and oil executives because their leadership is needed to pull us out of a spiraling climate crisis. We also recommend that the Pope speak to corporate leadership about ending war, as it compounds and escalates the impacts of climate change. In the Pope's 2015 Climate Encyclical he states, "The environment is one of those goods that cannot be adequately safeguarded or promoted by market forces."
Peace, like the environment, should not be dictated by market forces. When a company's bottom line is driving decisions, its executives are not considering the impacts of their products on others. BlackRock invests in companies like Lockheed, Raytheon, General Dynamics, Northrop Grumman, and Boeing. These companies make the bombs, missiles, tanks, and warplanes that destroy other communities. Their legacy of environmental contamination includes polluting groundwater and leaving behind depleted uranium in soil for generations.
U.S. military interventions and U.S. produced weapons have played a leading role in displacing millions around the globe.
The legacy of war and climate change also includes the destruction of families. Whether through forced migrations or death, families are ripped apart. Pope Francis raised the issue of refugees and forced migrations during his 2018 World Peace Day address. There are over 65 million forcibly displaced people in the world. U.S. military interventions and U.S. produced weapons have played a leading role in displacing millions around the globe. Conservative estimates state that since 2001, U.S. interventions in Afghanistan, Iraq, and Pakistan have displaced 10 million people.
The impacts of war and climate change disproportionately impact those who have less, while an elite few let profits drive their decisions and line their pocketbooks. This is why we must Divest From War and invest in solutions like renewable energy. Our investments -personal and public- should reflect the needs and priorities of our local communities, not the bottom lines of Wall Street.
Learn more about how you can be a part of the solution at www.divestfromwarmachine.org
From Your Site Articles
We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.