Plutocratic Insurgency Note 13: The Liberal-Democracies Strike Back

Pamela Ligouri Bunker and Robert J. Bunker

Small Wars Journal

30 June 2021

For many years, multinational corporations have been playing revenue starved liberal- democratic states off against one-another in a ‘race to the bottom,’ driving tax rates down, leveraging tax havens, and engaging in complex transnational tax avoidance schemes. In response to these ongoing corporate profiteering excesses and attempts at achieving extra sovereign impunity, the finance ministers of the G7 states recently gathered together in London and reached an historic agreement on a global minimum corporate tax rate.

Plutocratic Insurgency Note 13
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