Will Democracy Prevail Over Capitalism, or Will It Be Assimilated by It?

The OECD's January 2026 "side-by-side" deal exempts U.S. multinationals from the global minimum tax, handing corporate giants a competitive edge while governments lose up to $600 billion yearly to profit shifting. From France's Zucman Tax to California's billionaire ballot initiative and UN tax convention negotiations, a global coalition is fighting back. Progressive tax reforms in Brazil, Spain, Colombia, and Tunisia show that taxing extreme wealth strengthens both economies and democratic governance against rising oligarchic control.