>>509390997a second, corollary point has to do with multinational corporations and the abuse of offshore jurisdictions and fraudulent accounting practices (for example, transfer pricing and taxation) needs to be reined in
the OECD already started this process with their reports on the issue, and all multilateral institutions have agreed that this is something which needs to be addressed, but as these institutions are largely owned and influenced by financial institutions and their multinational allies, any attempts to regulate the unchecked greed and corruption (especially flowing value out of the global south to financial centers like wall street, city of london, luxembourg and lichtenstein and caribbean havens) are kneecapped and rendered ineffectual from the start
i recommend the documentary "the spider's web" and the books "treasure islands" and "the finance curse" by nicholas shaxson to learn more about this issue, often ignored but incredibly important and influential, as it is right at the heart of the seeming powerlessness of democratic governments to reform the system, controlled as it is by amoral financial institutions and multinational corporations, who are interested only in extracting as much wealth and value as possible.