Earlier today, Nintendo released their financial report for the 2014 fiscal year. While the results were lower than they had been in previous years, they were still above expectations, despite missing some sales predictions.
Getting into the nitty-gritty of it, from April 1, 2014 to March 31, 2015, the company made a net profit of 41.8 billion yen (about $350 million), while the development and…
As if you needed another reminder of Apple’s sheer economic dominance, mobile payment company WorldPay Zinc created this handy graphic to illustrate just how much money leading tech companies make. The longer you stay on the web page, the more companies’ revenue and profit (in most cases) increase — demonstrating just how much money they make per second.
Apple is the clear winner here, making $9,213 in revenue and $1,997 in profit per second. The second place goes to Samsung, which actually makes $11,588 in revenue, but only keeps $1,540 in profit.
The third video in The #GlobalPOV Project series is an exploration of the poverty business. The poor pay more for everything, and such transactions are highly profitable for those selling goods and services to the poor. Profits are made on the labor of the poor, the consumption of the poor, and the debt of the poor; meanwhile the poor remain—poor. So who profits from poverty?
This is a list of 9 large schools that profited directly off of slavery
1.Brown University — Rhode Island. The Rhode Island university benefited significantly from slavery during its early years. Rhode Island served as a major hub for the trans-Atlantic slave trade, according to a report by The Committee on Slavery and Justice. The report revealed that at least 30 members of Brown’s governing board owned or captained slave ships, and many donors would lend enslaved people to help with construction.
2.Dartmouth College — New Hampshire
Dartmouth College is the home of a rather gruesome tale of how enslaved people were used as experimental tools for universities. Craig Steven Wilder, the author of Ebony & Ivy: Race, Slavery and the Troubled History of America’s Universities, sat down with Democracy Now back in 2013 to discuss some of his own findings of how universities benefited from slavery. During the interview, Steven tells the story of Dartmouth founder Eleazar Wheelock, who dragged ”the body of an enslaved black man, who is deceased, named Cato, to the back of his house and boils that body in an enormous pot to free up the skeleton, to wire it up for instruction.
3.Harvard — Massachusetts
Much like many of the schools on the list, Harvard was established on land that was left to the school by a wealthy plantation owner. Early in the school’s history, enslaved people were used to serve the children of other wealthy white people while they were on campus.
4.Yale — Connecticut
While the university celebrates what it has deemed a “long history of activism in the face of slavery,” three scholars at the school wanted to draw attention to the not-so-pretty past. Despite past faculty members being known abolitionists, the school relied heavily on slave-trading money for its first scholarships and library endowment, the scholars discovered, according to The New York Times.
5.Princeton — New Jersey
Princeton raised money and recruited students for the school through rich families who owned enslaved people in the South and throughout the Caribbean.
6.Rutgers University — New Jersey
Much like Princeton, Rutgers relied heavily on the families of slave owners when it came time to recruit students for the school while also funding several projects through donations from the same wealthy families.
7.University of Delaware-
When trying to fill its halls with students, the University of Delaware followed the example set by other universities. The school moved to recruit the children of wealthy slave owners, which also gave them the financial backing they needed to support the school’s expansion.
8.University of Pennsylvania-
Access to corpses and people to experiment on for scientific purposes was essential to a university’s success especially during its early stages. For many schools, including the University of Pennsylvania, enslaved people were the primary sources of corpses and were often forced to participate in scientific studies.
9.Columbia University — New York
Columbia University, named the King’s College at the time, published an announcement of the swearing in of its first trustees and paid for the printed announcement with the money it obtained through just one advertisement—an ad promoting a slave auction in Lower Manhattan.