Earthlings in the Capitalocene

cross-posted from: https://slrpnk.net/post/23849681

JBS, the world’s largest meatpacking company, began trading on the New York Stock Exchange on June 13, just six months after its U.S. subsidiary, Pilgrim’s Pride, made a $5 million donation to Donald Trump’s 2025 inauguration, the single largest contribution to the event. The Brazil-founded company has sought a U.S. listing for more than a decade, and in its latest attempt faced a nearly two-year delay imposed by the U.S. Securities and Exchange Commission (SEC), a federal agency responsible for regulating the stock market, amid pressure from civil society groups over the company’s history of corruption and its role in Amazon deforestation. The NYSE listing is “a catastrophe for the planet,” Alex Wijeratna, senior director at the U.S.-based environmental nonprofit Mighty Earth, one of the main signatories of letters raising concerns to the SEC, said in a statement following the listing. “Giving JBS access to billions of dollars of new funding will serve to supercharge its climate-wrecking operations and war on nature.”

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