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Direct Action is the Only Way We Can Free Our Economy from Corporations – October 15, 2013

The Take Back St. Louis campaign blends resistance and creative thinking around transitioning to a green economy

In the next few months, the city of St. Louis, where I live, will vote on a referendum regarding Peabody Coal, the world’s largest private-sector coal company. Most people in St. Louis have never seen a coalmine, so why would we vote on Peabody Coal? Because St. Louis is where Peabody (and four other coal companies) are based. Though there is no coal extraction in St. Louis, Peabody extracts a different resource from the city – tax dollars. In 2010, after Peabody threatened to leave downtown, the city gave Peabody tax breaks on $61 million of purchases for its downtown office building, $2 million of which was meant for the St.… more

by: Arielle Klagsbrun

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